L&L Holding’s 195 Broadway Cops 2008 Energy Star Award

This 1 million-square-foot, landmarked tower in the Financial District recently earned an Energy Star Award from EPA – just another accolade added to what’s been a fascinating history since it was built in 1912.

195 Broadway is a 29-story, landmarked tower at the corner of Fulton and Dey Streets in lower Manhattan. Owner L&L Holding Company recently earned a 2008 Energy Star Award from EPA for the 1 million-square-foot building, which was built in 1916, and was home to AT&T until the company moved to Midtown in 1983. The Energy Star label denotes that 195 Broadway is using 35 percent less energy than a comparable structure.

Designed by William Welles Bosworth, the neo-classical tower was built in three phases between 1912 and 1923. AT&T actually asked Bosworth to design a structure that “imparts a sense of solidity, permanence, and enduring quality.” As you can see, the architecture is a direct reference to the ancient Greeks and Romans; 50 Doric columns line the lobby and all 183 exterior columns and walls were built with Vermont granite. The building also, allegedly, contains the most marble of any building in New York City. CB Richard Ellis is 195 Broadway’s exclusive leasing agent and L&L reports that the tower is currently 100 percent occupied.

As you’ll recall from previous posts where we’ve discussed Enery Star Award winners, in order to participate in Energy Star, eligible commercial buildings must earn a score of 75 on a scale of 1-100 that’s relative to other buildings in the U.S. The comparison is made to a statistical model of building energy use that’s compiled every four years by the Department of Energy. An Energy Star building with a rating of 75 performs better than 75 percent of its peer buildings as determined by the survey. Applications are submitted online and require supporting building and energy use information. Energy Star ratings are awarded each year and EPA periodically reviews labeled buildings in order to ensure performance.


About Stephen Del Percio

Stephen Del Percio has written for gbNYC+ since 2006 and currently serves as in-house counsel for one of the world's largest engineering, construction, and technical services companies. He earned a B.Eng. from Columbia, his J.D. at William & Mary, and lives in New York City with his wife and daughter. You can follow Stephen on Twitter, email him at stephen@gbNYC.com, or join gbNYC on Facebook to continue the conversation.

about gbNYC

gbNYC is a multi-disciplinary consulting and real estate services firm. In addition to representing office tenants and commercial buyers in leasing and acquisitions, we also provide innovative consulting solutions from a unique, green building perspective. We advise on green building financial incentives, comment on proposed green building marketing strategies, author white papers, treatises, and market analyses, organize seminars on the LEED process and professional accreditation, and provide advice and analysis on green building risk management and the overall state of green real estate, leasing, and construction, in New York City and beyond.

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