Building Performance Stakeholder Consortium

A Stakeholder Consortium meeting.

From 2007 until 2011, BPL and the Steven L. Newman Real Estate Institute convened the Building Performance Stakeholder Consortium, a unique group in the city’s building industry. Stakeholders – a cross-section of commercial real estate and property management professionals – met twice a year to discuss the benefits and challenges of improving energy-efficiency and other measures of building performance. By the consensus views reached by its members, the Consortium directly informed BPL’s research and educational agendas.

The Consortium was co-chaired by Nancy Anderson, executive director of the Sallan Foundation, and Barry Hersh, a professor of real estate at the NYU School of Continuing and Professional Studies.

Nancy Anderson, Stakeholder Consortium co-chair, speaks with Consortium members.

Members represented a true cross-section of the city’s sustainable real estate sector, representing the following groups:

  • Leading property owners and managers, including Vornado Realty Trust and JP Morgan Chase
  • Labor unions, including the International Union of Operating Engineers Local 94 and Service Employees International Union 32BJ
  • Utilities, including ConEd and National Grid
  • State and city agencies, including NYSERDA and the NYC Mayor’s Office of Long-Term Planning
  • Non-governmental organizations, including the Clinton Climate Initiative and Sustainable South Bronx

The Consortium was instrumental in identifying market needs and directing BPLresearch and training initiatives. For example, we learned from members that there was a need for training opportunities for higher-level real estate professionals, such as asset and property managers. With the Newman Real Estate Institute, we won grants from EPA Region 2 and the U.S. Department of Energy to help fill that gap, first with the Building Performance Toolkit, an online resource that covers the basics of performance improvement, and later with Advanced Energy Performance, an online certificate program that takes an asset-based approach to energy training, the first of its kind.