Archive for May 2008
Q and A: EcoTimber CEO Says Woven Bamboo Has Better Environmental Footprint
By Lisa Iannucci, Green Building Correspondent EcoTimber, a supplier of wood products from environmentally sound sources in San Rafael, Calif., created a new, patented woven bamboo flooring product. This is a new form of bamboo flooring from sustainably-harvested, rapidly-renewable, Timber Bamboo. Grown without pesticides, herbicides or chemical fertilizers, this woven bamboo can be sanded and refinished…
Read MoreMike Patellis Named 2008 RAM of the Year
By Erika Schnitzer, Associate EditorWashington, D.C.–The National Association of Home Builders (NAHB) has named Mike Patellis its 2008 Registered in Apartment Manager (RAM) Professional of the Year. Patellis is the founder of Patellis Property Management Co., headquartered in Marietta, Ga., and is one of few property managers to receive the advanced RAM designation.RAM is a…
Read MoreClosings on Condos in Former Historic Warehouse Begin
By Anuradha Kher, Online News EditorNew York–Closings have begun on the first of 63 units at the TriBeCa Summit, the former historic warehouse located at 415 Greenwich St., which has been converted to luxury condos by developers Joel J. Silver and Ethan C. Eldon. Constructed in 1912, the TriBeCa Summit was once the Summit Warehouse,…
Read MoreStricter Energy-Efficiency Mandates for Multifamily Will Result in Rising Construction Costs
By Anuradha Kher, Online News EditorWashington, D.C.–In ongoing efforts to combat climate change, lawmakers at all levels are increasingly looking to apartment owners and developers to further improve the energy-efficiency of their buildings. “But if policymakers impose unrealistic energy-efficiency mandates on the sector, the cost to develop properties will spiral, exacerbating the affordable housing shortage,”…
Read MoreMarch Construction Numbers Are Out–But February’s Hold More Insight
The Commerce Department said today that construction spending dropped in March–but the news was offset by a surprise revision to February’s numbers. The revision showed an 0.4 percent increase in construction in February–a vast difference from the original 0.3 percent decline that had been reported. And yet, spending fell 1.1 percent in March from the…
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