THE BENEFITS AND TECHNIQUES TO MAKE IT HAPPEN
There are myriad benefits, such as energy and climate savings that come with recycling an old building rather than razing it and using all new materials for a fresh building.
Redeveloping within existing infrastructure saves money because none
has to be spent on water, sewer, roads and other services because they are
already there.
“These are risky projects.
Some buildings don’t easily lend themselves to adaptive reuse.
That justifies the tax credits,” Evan Liddiard,
CPA, director, Federal Taxation | Federal Policy and Industry Relations for
NAR, said.
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