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Holly Dutton

Holly Dutton is a Brooklyn-based journalist who has reported on real estate for more than 10 years. A Texas native, she spent her early years in journalism covering local politics and photographing professional basketball for publications including the Houston Chronicle.

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Resilience and Sustainability
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Climate Week
How Real Estate Professionals Are Reframing the Narrative Around ESG
The term “Environmental, Social, and Governance,” or ESG, has been around for two decades, first being coined by the United Nations Global Compact in 2004. However, the rise of the framework has led to increasing political backlash, with some states outright banning ESG in investment decisions.
October 17, 2024
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Holly Dutton
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Resilience and Sustainability
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Climate Week
Navigating the Inflation Reduction Act’s Incentives for Real Estate
When the Inflation Reduction Act (IRA) was signed into law a little more than two years ago, it was celebrated by many who work in the real estate industry as a crucial tool for encouraging and offsetting the cost of green buildings. The tax incentives offer a lot of opportunities for owners and developers to cut expenditures, sometimes significantly, in a time when interest rates and the cost of construction remain high. Navigating the various incentives and programs has broadly proved challenging, however, and experts hope to spark more awareness around the benefits of the IRA and how to move past common obstacles.
September 30, 2024
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Holly Dutton
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Development and Construction
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Economic Development
Nevada’s Manufacturing Boom: From Tesla to a New Industrial Frontier
Nevada, long synonymous with tourism and entertainment, is rapidly transforming into a manufacturing powerhouse. Spearheaded by Tesla’s massive gigafactory, the state has become a magnet for EV production, battery manufacturing, and other industrial sectors. With strategic incentives, a business-friendly climate, and prime geographic location, Nevada is luring companies away from high-cost states like California. However, challenges such as water scarcity and federal land ownership must be addressed to sustain this burgeoning industry.
August 5, 2024
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Holly Dutton
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Resilience and Sustainability
Demystifying Heat Pumps for Commercial Applications
In today’s real estate industry, developing and retrofitting buildings to be more sustainable and energy efficient is more important than ever. The urgency to decarbonize is being driven by local, federal, and global commitments to drastically cut energy use and reach net zero emissions.
June 12, 2024
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Holly Dutton
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Resilience and Sustainability
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New and Disruptive Technology
How Real Estate Professionals Are Using Climate Risk Data to Make Business Decisions
The implications of climate change are becoming hard to ignore. The frequency of natural disasters has increased significantly in recent years, with the United States experiencing an average cost of $18 billion–plus from climate disasters per year. As these kinds of events have grown more common, calculating climate risk has become a hugely important task for commercial property owners. The topic was the main theme during a panel discussion at the April 2024 Resilience Summit in New York City.
April 16, 2024
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Holly Dutton
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Resilience and Sustainability
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Multifamily
Making Progress on Net Zero, But a Long Way to Go
Eight years ago, the landmark Paris Agreement kicked off a worldwide campaign to reduce carbon emissions. The targets set were big: slash emissions by 45 percent by 2030 and be net zero by 2050. So far, the world is not making enough progress on those lofty goals, and the progress that has been made has been very unevenly distributed. Experts from major real estate firms, including Boston Properties, CBRE, and Community Preservation Corporation, drove home the net zero transition’s importance during a panel discussion at the 2024 ULI Spring Meeting in New York City. They talked about the costs of getting to net zero, what lenders and owners are doing to get there, and the risk of not addressing climate change.
April 12, 2024
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Holly Dutton
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Leadership
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Diversity Equity and Inclusion
Park Madison Partners’ Nancy Lashine on Finding Balance and Lessons Learned in Leadership
Women in leadership roles was the theme of a discussion during the 2024 ULI Spring Meeting in New York City. Kelly Nagel, who was recently named Head of Residential at EDENS, an owner and operator of mixed-use properties nationwide, hosted a fireside chat with Nancy Lashine, founder and managing partner at Park Madison Partners, a New York-based boutique advisory and capital-raising firm.
April 11, 2024
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Holly Dutton
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Development and Construction
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New York City
Five Affordable Housing Developments Shaping New York City
Nationwide, the urgent need for more affordable housing has become crystal clear. The United States is grappling with a housing crisis, and building affordable housing has become increasingly difficult. Developers face high construction costs, ongoing supply chain issues, and skyrocketing prices for land, especially in some of the country’s largest cities. Even when a project comes together and gets financing, the process to obtain permitting, gain city approvals, and actually construct a project can take years.
April 5, 2024
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Holly Dutton
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Development and Construction
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New York City
Penn District: Vornado’s New Office Towers—Penn 1 and Penn 2—Will Help Revitalize Midtown Manhattan
One of New York City’s busiest corridors is set for one of its biggest transformations in years. The area around Manhattan’s Penn Station has long been considered a sore spot for the city, as top-tier retail stores moved to more flourishing areas and local buildings became outdated. But now, with a billion-dollar plan by a New York state agency underway to revitalize public transit infrastructure in and around Penn Station, there is serious momentum for the Midtown neighborhood, which has stalled in growth as surrounding neighborhoods have evolved.
April 5, 2024
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Holly Dutton
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Economy, Market & Trends
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San Francisco
More Retailers Are Rolling out Small-Format Stores
Companies including Macy’s, Nordstrom, Kohl’s, and IKEA are rolling out small-format stores around the country, often in suburban areas, as they try other ways to connect with their customers.
January 8, 2024
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Holly Dutton
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