The Building Owners and Managers Association (BOMA) International and the Greater Boston Real Estate Board (GBREB) released a report, “An Economic Perspective on Building Labeling Policies,” that questions the efficacy of mandatory building energy labeling. “Mandatory benchmarking and energy labeling often adds expense to building owners without necessarily improving energy efficiency significantly,” commented BOMA International Chair Joe Markling. The report did find evidence that building labels could boost property values, with properties that receive a “green” score seeing appreciation in their market value and properties receiving a brown score experiencing depreciation.
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Sponsored | | Oct 7, 2014
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| Oct 6, 2014
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| Oct 2, 2014
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| Sep 30, 2014
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Sponsored | | Sep 25, 2014
Architects transform warehouse into office space while preserving its historic nature
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| Sep 25, 2014
Look to history warily when gauging where the construction industry may be headed
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| Sep 24, 2014
Architecture billings see continued strength, led by institutional sector
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| Sep 23, 2014
Cloud-shaped skyscraper complex wins Shenzhen Bay Super City design competition
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| Sep 23, 2014
Designing with Water: Report analyzes ways coastal cities can cope with flooding
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