Often perceived as inefficient and antiquated, historic buildings may be viewed as an obstacle to, rather than a vehicle for, sustainable improvements. Fortunately, these perceptions of historic buildings are far from the truth. Built before modern HVAC and lighting, there are several energy and sustainability advantages historic architectures have over newer buildings.
In this Globe St. article, John Gajewski, MRICS, discusses how historic buildings can play a valuable role in improving the efficiency of a CRE portfolio and the tax incentives available.