November 14, 2014
Providing more affordable housing to New Yorkers is at the top of the De Blasio administration's agenda, but greening the city is certainly a major concern as well. It is anticipated that a new bill aimed at cutting the city's greenhouse gas emissions 80% by 2050 will be signed in to law, much of which is expected to center on green building. Ambitious, yes—but is 2050 too late? The Globe and Mail recently interviewed Canadian architect and journalist Lloyd Alter on the glass condo obsession, which, as with NYC, is taking the cities of Vancouver and Toronto by storm. What Alter shares for the future of glass towers worldwide is quite bleak, but he also proposes a number of measures and case studies that NYC developers should certainly take note of if they want to reduce costs and keep property values up in the long run.
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