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People are thinking more reasonably and making more careful decisions. More and more clients want 'green' materials – a term often misused but generally meaning sustainable. A Chicago penthouse was heralded for its 100 percent LEEDS certification. “But this was a very large penthouse for two people,” Magliocco says. “Think about the costs of running a house that size, just in water and energy use. It isn’t a judgment; it’s a question of lifestyle and philosophy.”

“No matter how well-planned the project is, once you open up walls, you’ll see something that’s been covered up for years and it will need to be upgraded. I’ve seen it repeatedly in 25 years of practice; whatever your budget is, you have to plan on it costing more.”

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