BluefoxToday blog : Condominiums going green

Condominiums going green

 

New York green condoCondo developers are gradually putting their arms around the green building concept and doing so in innovative ways. They know the residential real estate market for the eco product is still in its infancy, evolving, yet there are encouraging signs that it's gaining traction. More of it every passing day. Let's look at some recent environmentally-friendly projects across the country and what they've done.

A loft development in Massachusetts gets heating and cooling from underground geothermal plants. In essence they've drilled twenty wells deep into the earth and filled them with water that maintains 50 to 55 degrees throughout the year. Then heat pumps that operate like refrigerators transmit cold from the water in summer and heat in winter into the units. Utility bill savings go from 25 to 50% using this system, which can add up nicely over the years.

A Manhattan high-rise condominium has unique triple-pane windows. The inside space, the one closest to the living area, is vented during summer which lets cool air to flow through. And then in winter the same vent is shut and now the space creates an extra thermal barrier against the chill from outside. That's a creative solution. This development also features geothermal plants for heating and cooling.

Do you know what Trespa is? Well, it's a company making high-performance, high-quality panels for exterior cladding. Although their manufacturing technology is proprietary, it's known that wood pulp and resin materials are being used for their durable panels. A large San Francisco condo project is protected by Trespa, a practical product that has thus far earned multiple international certificates for its environmental considerations.

We're on the right track.

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Provided by: 

Esko Kiuru
Mortgage, real estate and apartment industry analyst 

www.BluefoxToday.com - syndicated mortgage, housing and property management blog

eskokiuru@gmail.com
My cell: 702-499-1006

Comment balloon 3 commentsEsko Kiuru • July 30 2007 06:41PM

Comments

It's about time developers caught on to the fact that we need "green space" just as much as we "need" cement. Here in Miami and Sunny Isles Beach, FL ~ Developers are given special concessions for "green space" and open air parks. On several occasions, a developer was granted height and unit number increases in exchange for open parks on the property.
Posted by Mott Marvin Kornicki (WaterWay Realty, Ltd. Co.) over 11 years ago
This is just great news!  I can't wait for this sort of thing hit Charleston. 
Posted by Jim & Maria Hart, Charleston, SC Real Estate (Brand Name Real Estate) over 11 years ago

Jim & Maria,

We are slowly making headway. Good news. Hopefully soon in Charleston, too.

Posted by Esko Kiuru over 11 years ago

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