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Atlanta Commercial Real Estate

SCHMOOZIN' THIS MORNIN'

In New York this morning, our Bisnow Sustainability Summit filled the ballroom of the NY Bar Association  on W. 44th. Seven top panelists spoke on what moderator Stephen Del Percio of Arent Fox called a pretty  interesting year for the topic, following the BP oil crisis, stalled  climate change  initiatives, several pieces of green legislation, hot weather, and surging energy consciousness. GSA Chief Greening Officer Eleni Reed, on hand from DC, said while taxpayer benefit is foremost, they'll consider a  longer payback period than commercial might because they hold assets for longer. Tishman head of sustainability Riggs Kubiak echoed others that while their usual focus is of course the bottom line, they occasionally innovate even if the payback is uncertain, as for example with ice chiller plants  and  solar power.

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