By signing a term sheet last week for 300,000 square feet, the General Services Administration has vaulted the LEED Gold-hopeful 1 World Trade Center past the critical 50 percent-leased threshold.
Tag Archives | LEED Gold
Dust Clearing at Riverhouse as Developer Secures $61M in Additional Financing
By Stephen Del Percio on June 17, 2010 in Battery Park City, Finance, Manhattan, New York City, Riverhouse
The news that CBRE Capital Partners has originated $61 million in financing for the LEED Gold-hopeful Riverhouse condominium project also provides a bit of backdrop to the fledgling Gidumal litigation.
Brand New Colony: Jamestown Properties Commits to Greening Nearly All $4 Billion Worth of Its U.S. Buildings
In one of their rare turns in the gbNYC spotlight, Jamestown Properties is acquitting itself well. Jamestown recently announced a commitment to do up to $10 million worth of green retrofits on its entire U.S. building portfolio. Given the size of Jamestown’s $4 billion portfolio, that’s a lot of buildings, with such major New York City properties as LEED Gold-hopeful 1250 Broadway and Chelsea Market among them. While Jamestown isn’t doing this out of the goodness of its Multinational Corporate Heart — they’ll make their money back through energy savings and higher rents and sale prices — their choice carries with it a number of heartening potential effects. In the Times, Alison Gregor explains the possible curve-bending effects of Jamestown’s decision to green its fleet.
Where (Downtown) Brooklyn At: Downtown’s LEED Gold Toren Condos Gets FHA Approval, Critical Love
While it’s tempting to write, “if you’ve seen one luxury condominium, you’ve seen them all,” it’s probably more accurate of me to write, “if you’ve seen one Flash-driven website for a luxury condominium, you’ve seen them all.” At some point, though, all these listings kind of collapse into one — one endless state-of-the-art fitness center, one sprawling rooftop sundeck, and so dully on. But while Brooklyn’s Toren has many of the same amenities and attributes as the endless parade of luxury condos in Manhattan that fills my days, a few notable things set Toren apart. For one thing, Toren is pursuing LEED Gold certification. For another, it’s architecturally striking in the extreme, thanks to a gutsy Skidmore Owings & Merrill design. And for a third, Toren is flourishing where many cookie-cutter condos in Brooklyn and Manhattan are not. Call it real estate meritocracy, if you want. I’m just happy not to have to have to write anything about its gourmet kitchens or windowed baths or whatever.
Indian Restaurant to Battle Boston Properties at 250 West 55th Street
By Stephen Del Percio on May 20, 2009 in LEED-CS, Litigation, Manhattan, Midtown West, New York City
The owner of an Indian restaurant in Midtown has filed a lawsuit against Boston Properties in connection with excavation and foundation work for the (currently suspended) LEED Gold-hopeful 250 West 55th Street project.
Beijing Vantone Finalizes Lease at LEED Gold Hopeful 1 World Trade Center – Freedom Tower
By Stephen Del Percio on March 27, 2009 in 1 World Trade Center, Ground Zero, Leases, LEED-NC, Market Analysis, New York City, Transactions, World Trade Center
The Chinese real estate investment firm Beijing Vantone Industrial Co., Ltd. has formally signed its 20-year, 190,000-square-foot lease with the Port Authority at the LEED Gold-hopeful 1 World Trade Center.
Port Authority Close to Freedom Tower’s First Private Lease with Chinese Real Estate Co.
By Stephen Del Percio on June 4, 2008 in 1 World Trade Center, Leases, LEED-NC, Manhattan, Market Analysis, New York City, Transactions, World Trade Center
It’s both symbolic and important: the LEED Gold-hopeful Freedom Tower has secured its first lease with a Chinese real estate company for nearly 200,000 square feet of office space.
2008 Vintage of Microturbines Now Operating on Lafayette Street
By Stephen Del Percio on March 28, 2008 in Greenwich Village, Legislation, Manhattan, New York City, Retail
At Astor Wines and Spirits, two microturbines are providing enough electricity to heat, cool, and power the store and its upstairs cooking school and gallery space.
Silverstein, Port Authority Escalating Green Efforts at Ground Zero
By Stephen Del Percio on March 13, 2008 in 1 World Trade Center, 7 World Trade Center, Ground Zero, Manhattan, New York City, World Trade Center
With $2 billion in construction contracts already on the street for the $20 billion redevelopment of the World Trade Center site, Larry Silverstein calls the project a “freight train – the only way to stop it will be when all of the [LEED Gold] buildings are complete.”
Installation of City’s First Microturbines Under New Code Completed in Battery Park City
By Stephen Del Percio on March 11, 2008 in Alternative Energy, Battery Park City, Intellectual Property & Technology, Legislation, Manhattan, New York City
The first set of microturbines to be installed under new New York City legislation authorizing their operation has been completed in Battery Park City.
