What You Will Learn in This Video on Sustainable Buildings in Westchester:
- Large corporations are increasingly interested in green buildings as part of their commitment to reducing their carbon footprint.
- Westchester County has a shortage of modern office buildings, though many tenants in Westchester are small to medium-sized businesses, which may not be as focused on sustainability as large corporations.
- Landlords in Westchester may need to make significant capital investments to retrofit their buildings to be more energy efficient, such as upgrading HVAC systems and replacing single-pane windows.
- The cost of retrofitting buildings can be a significant barrier for landlords, making it difficult to make the necessary investments.
Video Transcript:
“How important is environmentally friendly building these days? To the client, are people looking, you know, for green buildings and to a landlord who may have to do a lot of retrofitting to make a building more energy efficient.
There are clients that are looking for green buildings, primarily large corporations, I think have committed to reducing their carbon footprints and things of this nature.
It’s a big problem in Westchester because we haven’t had any office buildings built since the mid-80s, so we’re not, we’re not in that level of quality. But by the same token, most of the tenants in Westchester are mid-sized to small-sized businesses. They are not as tied into sustainability, let’s say, as some of the larger corporations are.
As far as the landlords are concerned, you know, to change HVAC systems to turn single-pane glass into not only insulated glass but these days they have kind of transitions glass that reduces the heat load that comes into buildings and so on. These are just capital expenses that just don’t make any sense.”
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