Commercial Real Estate Goes Green

This post was written by Karen Warner on April 8, 2009
Posted Under: Green Building

On my drive into the office this morning I heard an interesting story on NPR about the “greening” of New York’s Empire State Building. The energy sustainability program that is being implemented will reduce greenhouse gas emissions by up to 38%, giving the building an Energy Star rating of 90 – they are also pursuing LEED Gold certification. These are tough standards to achieve, even with new construction, let alone a building that’s going on 80 years old.

The retrofit will cost $20 million and will save $4.4 million per year in energy costs. This translates to $0.70 - $0.90 annual savings in per square foot operating costs.
Even better news…this project is part of a program that is planned for implementation in other older buildings across the country.

For more info, read the article on globest.com:
http://www.globest.com/news/1383_1383/newyork/177914-1.html

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