Governor Andrew M. Cuomo today announced 10 real estate groups as partners in the State's $50 million Empire Building Challenge, to establish public-private partnerships and usher in the next generation of high-rise, low-carbon buildings to combat climate change.
Each real estate group was selected because it is committing to achieve carbon neutrality in one or more high-rise buildings it owns.
These selections are the first step in the multi-phase challenge which will lead to increased comfort, sustainability, and energy performance in the state's existing high-rise buildings.
The Empire Building Challenge is statewide and will accelerate New York's progress toward reducing greenhouse gas emissions 85 percent by 2050, as outlined in the Climate Leadership and Community Protection Act.
A full list of the Empire Building Partners:.
Beam Living -110 multifamily buildings totaling 12 million square feet.
Empire State Realty Trust - Its entire real estate portfolio of 10.1 million square feet, leading with the Empire State Building's 2.89 million square feet.
Hudson Square Properties, a joint venture comprised of Trinity Church Wall Street, Norges Bank Investment Management, and Hines - One commercial office building, totaling 928,366 square feet.
Jonathan Rose Companies - To mixed-use multifamily buildings including 274 units of affordable housing.
L+M Development Partners and Invesco Ltd. - Three mixed use, high-rise multifamily buildings with 600 total units, including 402 affordable housing units of which 134 units are set aside for formerly homeless households.
Omni New York - Two mixed use multifamily buildings with 195 affordable housing units.
Rudin Management Company - Three commercial office buildings, totaling 1.7 million square feet.
Silverstein Properties - Two commercial buildings totaling 2,825,000 square feet.
The Durst Organization - Up to three high-rise commercial office buildings, totaling up to 3.2 million square feet.
Vornado Realty Trust - Its entire office and retail real estate portfolio, leading with four high-rise commercial office buildings totaling 6.4 million square feet. ■