As discussed in Part I, co-working is a positive trend in real estate that is taking over our offices and the headlines in industry news. Co-working models are becoming specialized by industry and are beginning to morph and blend in different ways, leading to even more iterations and opportunities for change. Organizations within the same industry, or who share similar business lines or services are exploring corporate co-working models, and discovering opportunities for mutual… Read More
JLL’s Dana Robbins Schneider talks the benefits of retrofitting in the Commercial Observer
JLL Senior Vice President and energy and sustainability expert, Dana Robbins Schneider, was recently featured in an article in the Commercial Observer by Sara Pepitone, entitled “Green Day: The City and Landlords are Going Green,” which delved… Read More
See what’s possible…
Check out the video below to see what is trending and how JLL’s project and development services team has collaborated with clients to create inspirational spaces.
With over 60+ projects included, from hotel renovations to a museum exhibit installation, our project management team closely works with each client to make each program a success.
See what’s possible: http://www.us.jll.com/pdsbook
JLL’s energy and sustainability expert will address key building and public-sector stakeholders, innovators and disruptors in New York
With the rapid growth of cloud services, more and more companies who don’t occupy standalone data centers are locating their servers in office closets. NRDC estimates that these “accidental data centers” make up 1/3… Read More
Leading professionals share their vision for new educational facilities
On Thursday September 11, New York’s leading educational decision makers from institutions including CUNY, NYU, Columbia University, The New School and NYC SCA, will convene at Schools, Colleges and Universities: A Construction Report Card, to report on their future capital plans and strategies for meeting changing student demographics, faculty and research… Read More
And every project inspires a solution.
JLL’s new interactive book, Every building tells a story, showcases the work of our Project and Development Services team, featuring highlights of JLL collaborations around the world.
We invite you to explore the book, which includes 56 of our top projects across seven industries, to see what’s trending design-wise and to gain insight into how the “perfect space” is created for clients.
Discover… Read More
The Empire State Building (ESB) has surpassed the energy savings guaranteed through its innovative energy-efficiency program – developed by a team including JLL – for the third consecutive year.
This year, the iconic property beat its energy-efficiency guarantee by 15.9 percent, saving $2.8 million.
Over the past three years, the program has generated a total of approximately $7.5 million in energy savings. These savings are the result of continued enhancement of the iconic building’s new systems and the addition of many new tenants occupying hundreds of thousands of square feet of office space retrofitted according to program guidelines.
In 2009, Empire State Realty Trust and the Clinton Climate Initiative Cities program, an aligned partner of the C40 Cities Climate Leadership Group, assembled a coalition of leading organizations focused on energy efficiency and sustainability. The team, comprised of the ESB, JLL, Johnson Controls (JCI), and Rocky Mountain Institute (RMI), developed the now-implemented ESB energy-efficiency program, designed to reduce costs, increase real estate value and protect the environment. The comprehensive retrofit was launched by the ESB, President Bill Clinton and Mayor Michael Bloomberg in the same year.
In 2011, the ESB beat its year-one energy-efficiency guarantee by 5 percent, saving $2.4 million. In year two, the iconic property surpassed its guarantee by nearly 4 percent, saving $2.3 million.
“The Empire State Building retrofit project has dramatically exceeded projected energy savings for the third straight year, reducing costs by millions of dollars,” said Anthony E. Malkin, Empire State Realty Trust Chairman, President and CEO.
“As we continue our energy efficient installations for incoming tenants, we are confident we will meet and exceed our completed project goal of saving $4.4 million dollars each year. As for now, we are ahead of our projections and that means more savings and more returns on our investments to date.”
President Bill Clinton also commented on the success of the program.
“Five years into the retrofit of the Empire State Building, we have seen carbon emission reductions and cost savings that show this is a model for the rest of the country,” said President Clinton.
“Not only do investments like this help protect the environment and put people back to work, they pay for the cost of the improvements and generate additional savings into the future.”
The retrofit project focused on eight innovative improvement measures addressing core building infrastructure, common spaces and tenant suites. Improvement measures performed by JCI and JLL included the refurbishment of all 6,514 windows, installation of insulation behind all radiators, a chiller plant retrofit, new building management systems controls, new revenue-grade meters serving the entire building, and a web-based tenant energy management system.
The core base building retrofit is complete, with the balance of the project to be finished as new tenants build out high-performance workspaces. Once all tenant spaces are upgraded, the building is expected to save at least $4.4 million a year, at least a 38 percent reduction of energy use.
JLL client, AMC, has renovated its theatres – increasing ticket sales with fewer seats
Been to the movies lately? If so, you may have seen one of the new AMC theaters … which aren’t technically new, but have been dramatically renovated to create better movie-going experiences.
Watch the video below to see how enhancements like better concessions and incredibly comfortable seats have helped AMC increase ticket sales—and why they worked with JLL’s project and development services… Read More
When it comes to customer experience, renovation is inevitable
As retailers focus on their online and mobile strategies, customers continue to spend 94 percent of their time shopping in store. In addition, customers have broad expectations – they look for the same experience as they shop across channels and want their offline experience to evolve as their shopping behavior changes.
JLL’s Perspectives on Retail Renovation whitepaper outlines three questions smart retailers are… Read More
At JLL’s recent PDS Leadership Conference in Scottsdale, Arizona, members of the Tri-State PDS team were recognized with two significant awards.
Client Service Award: Scott Lesh
This award recognizes individuals who deliver outstanding service to clients, taking on complex assignments with the primary goal of building teams and exceeding client expectations.
The recipient of this award, Scott Lesh, is admired for his perseverance, confidence and unwavering dedication to meet… Read More