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345 PARK SCORES; UNION SQUARE

New York
345 PARK SCORES; UNION SQUARE
The financial benefits associated with energy-efficient design include reduced operating costs and reduced risk-and the real estate industry will ultimately latch on to this. However, many owners shy away from these improvements because the cost-benefit analysis is not clearly presented, says Israel Berger & Associates VP of energy & building sciences John Hannum, a panelist at Bisnow'sSustainability Summit on Aug. 12.
Israel Berger & Associates' John Hannum
Financial transparency, which IBA is assisting clients with, is needed to push the industry forward, he says-people need to become educated and make decisions on proven, detailed financial analysis, not component-level, simple payback periods. One of IBA's recent clients is now predicted to save up to $12k annually per floor after replacing a few floors of windows, he notes. Want to learn more? John joins the expert panel of GSA's Eleni Reed, Related's Charlotte Matthews, Tishman Speyer's Riggs Kubiak, Arent Fox's Stephen Del Percio, CodeGreen Solutions' Christopher Cayten, and FTI Schonbraun McCann Group's Elizabeth Kulik to discuss these trends and more. Great networking too! Sign up here.