2020 Roundtable

Upcoming “Kilowatts to Cash” Event To Examine Plentiful Financial Incentives for Energy Efficiency Projects Looking at Energy Retrofits through Green Eyeshades

May 15, 2009

Energy is needlessly squandered throughout New York City every day. Cost is widely perceived as a barrier to achieving energy efficiency gains. “For our city to get on top of its energy problem, property owners need help understanding how to cover the costs of energy-efficiency gains,” says Jack S. Nyman, director of the Newman Real Estate Institute. “With NYC government proposing new laws mandating greater energy efficiency — and in a tough economy — it becomes even more urgent to tackle cost issues head on. Our third Sustainability Shoptalk event will do just that.”

To be held on June 5, 2009, and titled “Kilowatts to Cash,” the free, half-day event is billed as “a workshop for NYC property owners who want to cut energy costs, get ahead of the compliance curve, and come out ahead.” Speakers from state and city government, NGOs, the private sector, and ConEd will take a hardheaded, “green-eyeshades” look at looming compliance issues, the financial resources that NYC property owners can tap for energy efficiency projects, and the benefits they can reap.

Topics include the following:

  • What, exactly, NYC’s proposed energy efficiency mandates would require building owners to do
  • How federal stimulus funds targeted to energy retrofit projects will be administered by the state and how to apply for them
  • What kinds of plentiful incentives — such as bonus accelerated depreciation, expensing of “soft” costs, tax credits and deductions, financing, and direct rebate provisions — are available through the federal stimulus package, the federal Energy Policy Act of 2005, tax codes, ConEd, and the New York State Energy Research and Development Authority
  • How companies can overcome pervasive internal administrative barriers,   misaligned incentives, and antiquated ideas

Speakers will include

Nancy Anderson, PhD, Executive Director, The Sallan Foundation

Kenneth M. Block, Esq., Tannenbaum Helpern Syracuse & Hirschtritt LLP

Ronald H. Bowman, Jr., Executive Vice President, Tishman Technologies Corporation

Michael T. Colgrove, Director of Energy Programs, NYSERDA

Nicholas D’Alessandro, Manager, Tax, Construction Tax Planning, KPMG

Ashok Gupta, Senior Economist, Natural Resources Defense Council

Bridgett Neely, Vice President for Energy Efficiency and Renewable Energy, NYC Economic Development Corporation

Dave Pospisil, Manager, Energy Efficiency Group, Con Edison

Geraldine Walsh, Vice President, Grubb & Ellis

The event will be held on June 5 from 8:30 a.m.-11:30 a.m. at the William and Anita Newman Conference Center, Room 750, 151 East 25th Street, New York, NY 10010. Pre-registration is encouraged.

The Newman Institute’s Sustainability Shoptalk series was launched in November 2008 to help advance the knowledge base and accelerate the massive knowledge transfer needed to make sustainability the norm in the metropolitan New York area. Many more Shoptalk events are planned.

The Steven L. Newman Real Estate Institute addresses issues important to the real estate industry and public policy, through interdisciplinary applied research and public events. It also offers non-degree courses in real estate. Its curriculum includes a new Certificate in Sustainability program.