ULI Philadelphia: Member Breakfast Series: Tax Incentives for Energy Efficient Commercial Buildings

When

2025-04-22
2025-04-22T08:30:00 - 2025-04-22T10:30:00
America/New_York

Choose Your Calendar

    Where

    CFI Workspace 1735 Market Street 14th Floor Philadelphia, PA 19103 UNITED STATES

    Pricing

    Standard Pricing Until April 22 Members Non-Members
    Private $55.00 N/A
    Public/Academic/Nonprofit $45.00 N/A
    Retired $45.00 N/A
    Student $30.00 N/A
    Under Age 35 $40.00 N/A
    Refunds must be requested by April, 2025 by writing to [email protected].

     

    Join us for our next monthly Member Breakfast Series event which will focus on tax incentives for your projects. 

     

    The program will feature two guest presenters who will walk through case studies and how to access incentive programs offered from federal and state resources.

     

    Speakers

     

    Jesse Stanley, P.E., Director and Practice Leader of KBKG’s Green Building Tax Incentive Group will provide an in-depth exploration of how the 179D deduction for energy-efficient commercial buildings can be leveraged by designers, developers, and property owners. This session will cover changes made as a result of the Inflation Reduction Act, eligibility criteria, key strategies for maximizing deductions, and recent updates or proposed changes under the new administration that could impact future claims. Additionally, attendees will gain insights into the benefits of the 45L tax credit for energy-efficient residential properties, including qualification requirements, financial advantages, and how it complements other sustainability incentives. 

     

    Brad A. Molotsky, Partner, and lead for the Duane Morris Project Development/P3 group and as co-head of the firm's Opportunity Zones group. Brad will dive into two local programs, Act 129 and New Jersey's Clean Energy Programs and Incentives. Act 129 is Pennsylvania's energy efficiency law requiring the state's seven largest electric distribution companies (EDCs) to reduce energy consumption and demand within their service territories;

     

    There will also be a discussion on how the shift in political administrations could influence tax reform, and what changes may affect the availability and structure of these incentives. 

     

    Light breakfast will be provided. This program is members-only and intended to be a dialogue between presenters and attendees. 

     

    Speakers

    Presenter

    Brad Molotsky

    Partner, Duane Morris LLP

    Brad A. Molotsky practices in the area of real estate law. He serves as the team lead for the Duane Morris Project Development/P3 industry group and as co-head of the firm's Opportunity Zones practice group. Mr. Molotsky’s primary practice is focused in the areas of opportunity zone fund creation and fund deployment, financing, public private partnership (PPP or P-3), real estate joint ventures (including mixed-use, life sciences and multi-family development), commercial leasing (including a focus in cannabis leasing), and acquisitions and divestitures. He also has deep experience in environmental, social, governance, public company issues such as enterprise risk, internal audit, compensation, as well as energy efficiency, sustainability and corporate social responsibility. Prior to joining Duane Morris and for nearly 20 years, Brad served as executive vice president, general counsel and corporate secretary of Brandywine Realty Trust. At Brandywine, Mr. Molotsky was responsible for all legal operations of the company, including acquisitions and divestitures, financings, joint ventures, board matters, insurance procurement, litigation oversight, SEC filing oversight and the legal aspects of capital raising. During his tenure, the company grew from 40 buildings to approximately 300 buildings, totaling 28 million square feet. In 2020, 21 and 22, Mr. Molotsky was named a national influencer in the Opportunity Zone space by OZ Magazine and won The Philadelphia Inquirer Influencers of Law Award for Real Estate. He was also named by The Philadelphia Inquirer as an Influencer of Real Estate for Real Estate Legal Excellence in 2019 and 2021. He was also named in The Legal Intelligencer's list of Pennsylvania Trailblazers for 2019. Mr. Molotsky was named one of Philadelphia Business Journal's 2018 and 2020 "Best of the Bar: Top Lawyers in Philadelphia. He was also named General Counsel of the year by the Philadelphia Business Journal in 2014 and NJBIZ in 2013 and was awarded the Martin Luther King Community Service award in 2014, the Township Sustainability Leader Award in 2016 and the Roger Davis Community Service Award in 2017.

    Presenter

    Jesse Stanley

    Principal, KBKG

    Jesse Stanley, P.E. is a Director and Practice Leader of KBKG’s 179D Tax Deduction Group. Prior to KBKG, he spent nearly a decade leading a team of 100+ Professionals identifying tax savings for Building Owners and Designers. He helped Architects, Engineers, and Design Build Contractors, claim the 179D Energy Efficient Commercial Building Tax Deductions for their new and existing building projects across over 2 billion square feet of commercial building space. Jesse has over 15 years of experience in the Energy, Sustainability, and Tax Consulting industries. Jesse is a licensed Mechanical Engineer in 38 States. He is a subject matter expert on energy efficiency in buildings, sustainability, mechanical system design, building controls, and daylighting design having presented to ASHRAE Conferences, Former Congressmen, federal agencies, and state government officials. Jesse is passionate about helping Architects, Engineers, Design-Build Contractors, Building Automation Companies, and Energy Service Companies claim 179D Deductions from their work. This includes a wide range of projects such as convention centers, courthouses, higher education and universities, hospitals, hotels, international airports, IRS facilities, k-12 schools, libraries, prisons, military facilities, multifamily, municipal buildings, stadiums, and more.