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Empire State CEO: No Need for LEED

REIT Contends It Has 'Head Start' on Meeting Goals of New York City’s Version of Green New Deal
The Federal Deposit Insurance Corp. signed a five-year lease renewal at New York City's Empire State Building in the first quarter. Photo: Eddie Hernandez via iStock
The Federal Deposit Insurance Corp. signed a five-year lease renewal at New York City's Empire State Building in the first quarter. Photo: Eddie Hernandez via iStock
By Diana Bell
April 29, 2019 | 6:29 p.m.

Across the United States, more developers are adopting energy standards designed to address growing concerns about climate change and greenhouse gases. But the chief executive of the real estate investment trust that owns New York City’s iconic Empire State Building says some of those changes simply aren't worth the money.

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News | Empire State CEO: No Need for LEED