Publications

According to a November 2007 article published by the RREEF Research Foundation, “Buildings account for 39 of the nation’s primary energy use, 70 of its electricity consumption, 30 of raw materials use and 30 of greenhouse gas emissions.” At a June 2007 program sponsored by the New York City Bar and the Pace Law School Land Use Center entitled “Creating Profitable and Sustainable Urban Developments,” Stephen B. Siegel, Global Chair of CB Richard Ellis (CBRE), the world’s largest commercial real estate services company managing 1.7 billion square feet of building space, noted that today’s buildings account for 12 of the world’s water use, 40 of the world’s greenhouse gas emissions, 65 of the world’s waste output, and 70 of the world’s electricity consumption. CBRE’s reaction: it is “going green.”