Quote:
Originally Posted by kenratboy
Not odd at all - I am actually thinking and trying to use logic. Nobody gets anywhere without thinking and questioning what they hear and see. Not saying it is wrong, but skeptical that there would be such a small price difference for what seems like a significant amount of difference.
And like everything (especially press releases), there is often more than meets the eye. Of all places, this forum is used to hearing vague or not hearing known information at all from developers, agents, etc. (for example, lots of discussion about what is happening with some of the Sacramento projects, they are keeping a lot of information secret).
Being skeptical is one thing - saying something is outright false is another - I plead guilty to the former.
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Actually, having spec'd green construction materials/techniques for the Gap's San Bruno project several years ago, there is a consistent 2/3% material cost over standard high-rise construction. All materials have gone up in price with the demand from India and China, and the market for green/certified materials has expanded, so the price difference is fairly constant.
The savings doesn't come in construction, it comes in quick approval for product to get on the market. It's in the middle of the press release, btw... That's Tishman's primary motive for green cert.