Industry News

Realtors open for business in D.C.

NAR building incorporates latest 'green' design

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

The National Association of Realtors today officially opened for business in Washington, D.C., in an environmentally advanced commercial building expected to receive "green" certification. The blue-green, glass-wrapped structure, which will serve as the Washington home of Chicago-based NAR, creates a dramatic presence at 500 New Jersey Ave., with a reportedly breathtaking view of the U.S. Capitol, only three blocks away. NAR said in a press statement that the building will be the first newly constructed building in the District of Columbia to meet "green" standards, which are high levels of environmental performance as set by the U.S. Green Building Council. NAR said it expects to earn a certification from the LEED (Leadership in Energy and Environmental Design) Green Building Rating System for the structure. Some of the "green" aspects of the building include a landscaping plan that uses native plant species to reduce irrigation demands and captures rain water for reuse in irrigation...