In this episode, we explore the concept of green leasing, its components, benefits, and how legal professionals can play a role in promoting sustainable building practices. Our guest, Alexandra Kosmides, shares insights on standards, lease negotiations, and the importance of ongoing management.

Chapters List

00:00 Introduction to Green Leasing

02:26 Understanding Green Leases

04:54 The Importance of Green Leasing Today

07:26 Components of a Green Lease

09:45 Challenges in Implementing Green Leases

11:58 Financial Structures of Leases

14:31 Navigating the Split Incentive

16:44 Energy Aligned Leases

19:03 Renegotiating Existing Leases

21:22 The Role of Tenants in Green Leasing

23:52 Staying Current with Standards

26:15 Practical Takeaways from the Discussion

Resources

• Legal Sustainability Network - https://legalsustainabilitynetwork.org/ 
  • Email us at [email protected] 
• Institute for Market Transformation (IMT): imt.org
  • Green Lease Leaders: https://imt.org/?s=green+lease+resources 
  • Green Lease Library: https://imt.org/resource-library/ 
  • Benchmarking Policies: https://imt.org/public-policy/ 
• New York City - The Energy Aligned Clause: https://www.nyc.gov/html/gbee/downloads/pdf/eac_overview.pdf; and https://www.nyc.gov/html/gbee/downloads/pdf/eac_presentation.pdf
• BOMA Green Lease Guide: https://boma.org/?s=GREEN+LEASE 
• Rethink Re Tech Podcast: 
  • Advancing Green Leasing Through Collaboration and Practical Guidance: https://re-think-with-re-tech.simplecast.com/episodes/advancing-green-leasing-through-collaboration-and-practical-guidance-IJNqwPBI 
• Large, commercial brokerage companies have green leasing resources

Speaker links

• Michael Bloom - https://www.linkedin.com/in/michael-bloom-1159501/ 
• Ralph DiNola - https://www.linkedin.com/in/ralph-dinola-2092ab1/
• Alexandra Kosmides  - https://www.linkedin.com/in/alexandra-kosmides-5a90567/