There is change in the air. Hamptons.com picks up on an important shift in the market for new homes:
New World Home, a rapidly growing and award-winning producer of sustainable housing, has earned Platinum certification under the U.S. Green Building Council’s (USGBC) LEED® for Homes program for a home built in East Hampton, representing the first factory-built home in Long Island to earn this designation. Additionally, the Hamptons project is the first home of any type in Long Island to earn a Platinum rating without requiring the use of any renewable energy sources, such as solar panels, wind turbines or geothermal systems. In 2009, New World Home produced the first factory-built LEED® Platinum homes in New York and Georgia.
The financial benefits to building a New World Home are particularly relevant to the Long Island housing market, specifically the Hamptons, where it is extremely expensive to build a new home. “Taking into account the high cost of land and labor, many would perceive building one of the greenest homes in the country in this setting to be cost-prohibitive” says Tyler Schmetterer, CMO and Founder of New World Home. “It is a fundamental objective for New World Home to develop a housing solution with minimal up-front premium for green products and features. Currently, we’re able to build at a cost competitive range of $180 to $250 per square foot versus $400 to $500 for a comparable quality site-built home in the Hamptons.”
