Let’s check in on some recent leasing activity at two of Manhattan’s highest profile new commercial office buildings, both of which are pursuing LEED ratings and commanding Class A rents.
Tag Archives | green real estate
The 10-story, 100,000-square-foot former home of the National Audubon Society, which dates from 1891 and – for several reasons – is considered Manhattan’s first green building, recently traded hands for $70 million.
The LEED-CS Gold-hopeful 545 Madison Avenue is making news after signing a major retail tenant to a 7000-square-foot lease.
Nine of the 50 largest Manhattan office leases signed in 2007 were for space in buildings pursuing (or, as it were, not pursuing) LEED certification, which suggests some interesting points about New York City’s green real estate market.