Market Overview

New Yorkers Face Financial Strain Over Emission Law Compliance
Market Overview New Yorkers Face Financial Strain Over Emission Law Compliance

New York City residents, particularly condo and co-op owners, are grappling with the financial impact of complying with Local Law 97. Mandating significant reductions in greenhouse gas emissions from large buildings by set intervals until 2050, this ambitious legislation is causing concern among

January 9, 2025
Real Estate Market Trends for 2025: Innovation and Sustainability
Market Overview Real Estate Market Trends for 2025: Innovation and Sustainability

The real estate market remains a dynamic sector, continuously adapting to a myriad of economic, technological, and societal changes. As we look ahead to 2025, there are several trends anticipated to significantly impact the landscape, bringing about notable shifts for investors, developers, and

December 19, 2024
Energy-Positive Buildings Transform Construction for a Greener Future
Market Overview Energy-Positive Buildings Transform Construction for a Greener Future

The architecture and construction industry is a significant contributor to global carbon emissions, accounting for approximately 40% of worldwide emissions. This substantial share results from various factors, including material extraction, transportation, the construction process, and the

December 19, 2024
How Will ABB and WorldGBC Drive Energy Efficiency in Europe's Buildings?
Market Overview How Will ABB and WorldGBC Drive Energy Efficiency in Europe's Buildings?

In a bold move to champion sustainable and energy-efficient building practices across Europe, ABB’s Smart Buildings Division has announced a strategic collaboration with the World Green Building Council’s European Regional Network (ERN). This partnership is set to leverage ABB’s extensive expertise

December 18, 2024
Green Building Materials Market Projected to Reach $891.45 Billion by 2031
Market Overview Green Building Materials Market Projected to Reach $891.45 Billion by 2031

The green building materials market is on a trajectory of significant growth, with projections indicating a valuation of USD 891.45 billion by 2031. This surge is driven by a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031. Heightened awareness of sustainable construction practices is

December 16, 2024
Brightworks Sustainability: Leading Innovative Green Building Consulting
Market Overview Brightworks Sustainability: Leading Innovative Green Building Consulting

Brightworks Sustainability, established in 2001, is one of the United States' pioneering sustainability consulting firms. Since its inception, the company has been at the forefront of innovation in sustainability, assisting clients in creating and executing operational sustainability programs.

December 12, 2024
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