Partner Ferdinand Gallo spoke with Law360 for an article about how real estate companies are caught in the political and regulatory tug-of-war over environmental, social, and governance (ESG) practices. While the growing anti-ESG movement has led firms to reframe their sustainability initiatives, Fred noted that efficient buildings are often a selling point for tenants.
“If your building is efficient, you’re demonstrating cost savings to your tenants, and that’s attractive to them,” Fred said.