Mr David Lichtenstein, the CEO of Lightstone explains a ton of things around Real estate and green buildings

1. David Lichtenstein:
The definition of green building
DavidLichtenstein,the CEOof Lightstone Group, startsthisarticle byexplainingthatGreenbuilding
referstoa comprehensive,holisticprocessof design,maintenance, use, andmanagementof
facilities, basedonthe principle of sustainability, andinternationalcertificatesinassessingtheir
degree of "agreen"observedanextremelylarge numberof aspectsof the efficientutilizationof
constructionland,disposalof constructionwaste,recyclingof materials, connectionswiththe
neighborhoodandavailableservices- particularlytransport.Also,Davidmentionsthe certificationof
the followingway andthe amountandefficiencyof waterconsumption,solutionsrelatedto
landscape andinteriorambience,selectionanduse of ecological materials, greenhouse gas
emissionsfromthe building,energyefficiency,anduse of renewableenergysources- asa whole -
the functionality of the facilitythroughoutthe lifecycle.
Energysavingsforthe buildingdesign,aswell asintheirbusinessuse mayrepresentthe greatest
potential forreducingcarbonemissionsandsavingmoney,accordingtoDavidLichtenstein,butthe
buildingsthatgoa stepfurthertowardssustainabilityandgreenbuildingbasedonthe criteria
stipulatedbyinternational certificates, convincinglyattractqualitytenants,have betteravailability,
more healthyandmore comfortable forusers, all of whichdirectlyaffectthe value of the building
itself, finishesLichtenstein.
Despite the potential benefitsof greenbuilding,aswell asdirectiveswhichNew Yorkandco-
signatory,the questionof responsibilityof national governmentsandlocal governmentstooffer
incentivesforinvestorsanddeveloperstobuildgreenbuildings. MrDavidLichtensteinsaysthat
Americanpractice showsthatthe role of governmentmostoftenmanifestedthroughvariousforms
of tax relief andsimilarincentivesbyreductionoreliminationof municipal tax, butremainsobvious
that the rightinvestorsincommercial real estatewhoare the leadersof greenbuilding- whether
because of hissense of dutytosocietyandthe environment,due tothe recognitionof corporate
social responsibilityordue tothe fact thatgreenbuildingisreally gainingabetterbusiness
outcomesforall - investors,customers, society,the questionremainsopen.Noone iswithouta
doubt,the buildingthatbearsthe internationallyrecognizedgreenbuildingcertificate,actually
achievesmore salespricesandbetterconditionsinthe lease,betterandlonger, anddefinitely
enjoyedabetterreputationinthe real estate market!
For more information,goto:http://cityroom.blogs.nytimes.com/2013/03/19/city-approves-700-unit-
rental-complex-on-gowanus-canal/