It’s clear from pandemic-related energy data that buildings are wasting energy—and traditional leases are a big part of the reason why. Green leasing is a proven alternative that creates a win-win strategy for building owners and tenants by equitably aligning the costs and benefits of energy and water efficiency investments. As the real estate market rebounds from the COVID-19 pandemic, green leasing is becoming the new standard.
In the following case study, IMT and DOE’s Better Buildings Alliance highlight Empire State Realty Trust (ESRT), a 2021 Green Lease Leader, that received Gold designation for implementing effective strategies in their leasing practices and overall building operations. ESRT, the most efficient REIT in New York City, differentiates itself by making sustainability, and green leasing, a business advantage.