Vornado Realty Trust Sets New Standard in Sustainability with Full LEED Certification
January 21, 2025 - 12:38
Vornado Realty Trust has reached a groundbreaking achievement by becoming the first major real estate firm in the United States to secure 100% LEED certification across its portfolio. This remarkable milestone encompasses an impressive 24.8 million square feet of property, with many of its buildings earning prestigious LEED Platinum and Gold ratings.
In recognition of its commitment to sustainability, Vornado has also been honored with the 2024 Sustainability Impact Award from Nareit, a testament to its leadership in environmentally responsible real estate practices. The firm’s dedication to green building initiatives not only enhances the value of its properties but also contributes to a healthier environment.
This achievement reflects a growing trend in the real estate industry, where sustainability is becoming increasingly important to investors, tenants, and communities alike. Vornado's success serves as an inspiring example for other firms aiming to adopt sustainable practices and reduce their carbon footprints.
MORE NEWS
September 23, 2025 - 02:29
Major Merger in Real Estate Services: Compass and Anywhere Real Estate Join ForcesIn a significant move within the real estate sector, two of the nation`s largest real estate services companies are merging in a deal valued at approximately $10 billion, including debt. This...
September 22, 2025 - 06:21
Historic Sale of Howe Manor Apartments in Arden-Arcade for $18.875 MillionHowe Manor Apartments, a long-standing fixture in Arden-Arcade, has been sold for $18.875 million, marking the first change in ownership since its development in the 1960s. This significant...
September 21, 2025 - 21:45
The Surge in Luxury Rentals: Why the Wealthy in L.A. Prefer Renting Over BuyingIn recent times, Los Angeles has witnessed a remarkable shift in the luxury real estate market as the ultra-wealthy opt for renting high-end properties rather than purchasing them. This trend has...
September 21, 2025 - 01:03
Explore Lucrative Investment Opportunities in San Antonio Housing MarketThe San Antonio housing market is presenting promising investment opportunities, with capitalization rates reaching as high as 6.1%. This trend is attracting both seasoned investors and newcomers...