According to a recent Yahoo survey, energy efficiency is the No. 1 desirable feature of the American “dream home.” Likewise, the commercial building sector has been slowly but surely increasing its focus on energy efficiency, with high-profile retrofits such as that of the Empire State Building leading the way. But one building sector still lags behind on green renovations: multifamily housing.
Why? The answers are, well, complicated. Like those who manage commercial buildings, developers and owners of multifamily housing are increasingly cognizant of the benefits of green retrofits, which include lower out-of-pocket costs (for utilities covered by the owner) and greater desirability on the part of tenants, both of which help to strengthen their bottom line as landlords.
Read more...Green Retrofits For Apartments Face Hurdles via EarthTechling
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