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Release the Lease

Construction Law Monitor

Just recently here at Wolfe Law Group , I had a client come to me with some ownership issues involving leases. Typically after a construction project is complete, especially in the commercial realm, there will be a lease of some type. The Louisiana Civil Code has an entire section on leases which starts with article 2668.

Leases 60
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DOE Releases Green Lease Website, and More Musings on the Split Incentive "Problem"

Green Building Law Blog

The Department of Energy and several interesting partners (both BOMA and NRDC, for example) have launched a website consolidating green lease resources. A number of public agency versions of leases, as well as some guidance documents are included. Energy costs represent about $1 per square foot, in a $150+ per square foot lease.

Leases 40
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Nevada Stops Subsidizing Net Metering

Green Building Law Update

The 113 page draft order found that under existing net metering rates other ratepayers were subsidizing net metering customers (e.g., Note that this occurred in the same week that Congress extended the 30% federal investment credit for solar through 2021, which in large measure benefits the same banks and corporate investors.

Nevada 120
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Green Building Data Risk as an Opportunity

Green Building Law Update

A properly drafted green building lease may contain a provision substantially like, Landlord shall provide to Tenant reports for the amount of electricity, natural gas and fuel oil (where applicable) consumed at the building broken down by utility type, energy unit usage (e.g., cities to report data to the local government.

Green 120
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HRECs in a Phase l are Not Recognized Environmental Conditions

Green Building Law Update

A properly drafted Phase I can create huge dollar advantages serving as a marketing piece in an associated real estate transaction, be it a sale, a lease or a loan secured by real estate or., And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.

Liability 156
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4 Commercial Construction Trends for Restaurant and Food Service Projects

HardHatChat

We’re also working with restaurant clients to make sure their mechanical infrastructure is set up to accommodate an extensive draft beer menu. For example, a BJ’s Brewhouse we recently completed in Livonia, Mich., has an entire cold-storage room just for kegs and beer cases alone.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

Draft new and improved attorney prepared loan documents that work to ‘sell’ PACE. Eliminate the requirement for a pre-improvement Energy Audit. Standardize the effective date of a PACE lien to be first advance of funds, not when the project is completed. Expressly authorize PACE for new construction (i.e., the top 10% of a building).

Maryland 136