In an article that appears in this week’s edition of Real Estate Weekly (but is not available online), Stephen Pozycki, head of New Jersey-based SJP Properties, discusses the state of the New York City commercial real estate market in light of the recent U.S. economic woes. SJP, as you may recall, is building the speculative, LEED Silver 11 Times Square at the corner of 42nd Street and 8th Avenue (just across the street from the New York Times Tower). Last fall, we discussed the project in the context of the subprime lending meltdown and what it might mean for green building generally. Pozycki told Real Estate Weekly that he expects the tower to be half-filled with tenants by summer and that “[t]here’s just not many of these new green buildings that are being built in the city.” He noted the lack of available space in new green towers from the Times, Hearst, Bank of America, and also pointed to Boston Properties’ plans for a LEED Gold building, targeted specifically for law firms, at West 55th Street.
February 6th, 2008 | Stephen Del Percio | 3 comments | ContinuedAll Posts Tagged With: "LEED Silver"
Green Theater Planned for Brooklyn’s BAM Cultural District
Last month, the New York Times announced that the lagging $85 million redevelopment of the Brooklyn Academy of Music (“BAM”) Cultural District near Ft. Greene looks like it’s finally moving forward. Something that wasn’t highlighted in Times, though, is that the Theater for a New Audience, one of the cultural institutions relocating into the District, will be seeking LEED Silver certification for its new Frank Gehry-designed headquarters. The theater recently posted an update on its blog outlining some of the reasons it’s decided to make the up-front investment required to achieve a Silver rating. Among the sustainable features that will be incorporated into the new space are a stormwater filtration system, a white roof and landscaping, a mechanism to reduce water use by 30 percent, the use of recycled steel and recycling and salvage of waste during the building’s construction, and a green cleaning program.
January 31st, 2008 | Meredith Taylor | 0 comments | ContinuedCUNY Continues To Wave Its Green Flag
The City University of New York (”CUNY”) announced a budget request earlier this week for $77 million to build a new sustainable library on the campus of Bronx Community College (”BCC”). The North Instructional Building and Library, designed by Robert A.M. Stern, will be constructed for LEED Silver certification and is expected to be [...]
January 9th, 2008 | Meredith Taylor | 0 comments | ContinuedWilliamsburg’s Green Edge Stays on Silver Track, Seeks Retail Tenants
We briefly mentioned Brooklyn’s The Edge early last summer after it appeared at #12 on New York Construction’s list of the top twenty projects started in 2006-2007 (ranked by dollar value). Construction on the $390 million, mixed-used development along the East River waterfront at Kent Avenue between North Fifth and Seventh Streets in Williamsburg is [...]
January 8th, 2008 | Stephen Del Percio | 2 comments | ContinuedEagle Mountain Center for Green Technology and Innovation, Bristol, New York
Eagle Mountain is a Rochester, New York-based manufacturer and installer of geothermal heating and cooling systems. Last Friday, it broke ground on the $1.5 million Center for Green Technology and Innovation, a research and development facility that will rise across the street from Eagle Mountain’s corporate headquarters. The 20,000 square foot building, located at 4353 [...]
November 8th, 2007 | Stephen Del Percio | 0 comments | Continued330 Hudson Street Aims to Transform Tribeca’s Hudson Square
We’ve written previously about Brennan Beer Gorman-designed 330 Hudson Street, but this week’s edition of Crain’s offers a few more details about the $220 million mixed-use hotel and office building project which will seek a LEED Silver rating from USGBC. Trinity Real Estate, which granted a 99-year lease to Tribeca Associates to develop the project, [...]
November 6th, 2007 | Stephen Del Percio | 0 comments | ContinuedMonday LEEDoff*: Gensler’s Silver Office at 1230 Avenue of the Americas
As we mentioned previously, Cook + Fox isn’t the only architectural firm that’s sought (and received) certification for New York City office space under the LEED for Commercial Interiors (“LEED-CI”) rating system. Back in September, USGBC awarded Gensler with New York’s third LEED-CI rating, dishing out Silver to the firm for its 66,000 square foot [...]
November 5th, 2007 | Stephen Del Percio | 0 comments | ContinuedGreen Hotel by Brennan Beer Gorman Set to Rise on Hudson Street
GlobeSt.com reported yesterday that Connecticut-based Square Mile Capital Management LLC and Latus Partners closed on a ground lease with Manhattan-based Trinity Real Estate at 330 Hudson Street, allowing the developers to proceed with a $220 million mixed-use hotel and office building that will seek a Silver rating under the LEED program. Brennan Beer Gorman Architects [...]
September 13th, 2007 | Stephen Del Percio | 0 comments | Continued$50M OEM Headquarters in Brooklyn Receives LEED Silver
New York City’s new $50 million Office of Emergency Management (“OEM”) headquarters in Brooklyn, which I wrote about back in December, earned its LEED Silver rating from USGBC on Wednesday. The four-story building was designed by Swanke Hayden Connell Architects and is located on Cadman Plaza East near the Brooklyn Bridge. The project was funded [...]
August 17th, 2007 | Stephen Del Percio | 3 comments | ContinuedCitigroup’s Court Square Two: Long Island City, Queens
I briefly mentioned CitiGroup’s Court Square Two project in Queens’ Long Island City back in May (after its construction manager Turner was honored along with USGBC at Solar One’s Green Building Gala) but want to pass along more details about the 14-story, 528,000 square foot building designed by Kohn Pedersen Fox (with development manager Tishman [...]
August 3rd, 2007 | Stephen Del Percio | 0 comments | Continued$2B in Green Renovations About to Proceed at United Nations
The long-anticipated $2 billion reconstruction and renovation of the United Nations’ headquarters complex appears to be on the verge of breaking ground after last Friday’s selection of Parsippany, New Jersey-based Skanska USA Building as the project’s construction manager. Skanksa should start work on the first phase of the 2.6 million square foot, seventeen acre, six [...]
August 1st, 2007 | Stephen Del Percio | 0 comments | ContinuedMonday LEEDoff: Harlem Tower Seeks Silver at 125th and Park
Harlem’s first new office tower since 1973 is about to rise from the site of a former parking lot on the corner of 125th Street and Park Avenue. Designed by Swanke Hayden Connell Architects, the twenty-one story, 600,000 square foot Harlem Tower will seek a LEED Silver rating and is developer Vornado’s first project in [...]
July 16th, 2007 | Stephen Del Percio | 0 comments | ContinuedLEED Silver for Bronx Library Center & Local Law 86 Primer
The New York Public Library’s Bronx Library Center was awarded LEED Silver certification from USGBC last summer, but USGBC President Rick Fedrizzi officially presented the honor in person at a ceremony last Thursday, January 11th up in The Bronx. The Center is the first publicly-funded green building in New York City to receive LEED certification [...]
January 22nd, 2007 | Stephen Del Percio | 0 comments | Continued