Green Street Properties Achieves NYC Green Building and LEED Milestones

January 13, 2011

The Reynolds Group

Green Street Properties, a national green consulting and development firm, announces two milestones in sustainability, receiving Leadership in Energy and Environmental Design (LEED) Gold certification for 1250 Broadway, a Midtown Manhattan office building located adjacent to the Empire State Building, and directing a LEED feasibility study for 666 Fifth Avenue, a landmark class-A office building in the Plaza district. The announcements mark the expansion of the firm’s green consulting portfolio. Led by a team of LEED Accredited Professionals, Green Street is an established authority in green development, new urbanism and sustainable buildings, including LEED administration for existing buildings and new construction, LEED feasibility assessment and LEED analysis for building portfolios. With offices in Atlanta and New York, the firm is engaged in multiple projects in cities throughout the U.S., providing property repositioning and green consulting services in addition to developing sustainable, mixed-use communities.

“The 1250 Broadway and 666 Fifth Avenue projects exemplify the real estate industry’s increasingly progressive approach to green building and development, and Green Street is excited to expand in response to this movement,” said Katharine Kelley, President and CEO for the firm. “Our role in working with industry stakeholders is to differentiate real estate assets. Ultimately, an investment in sustainable real estate has a positive impact on the environment, operational costs and overall asset value.”

In 2009, Green Street began the LEED-Existing Buildings: Operations & Maintenance Gold certification process at 1250 Broadway, a 770,000-square-foot project that represents an ecologically balanced approach to commercial asset management. Achieving a positive measurable impact on the building’s environmental footprint, the LEED administrative team received 63 of 65 points applied for to obtain LEED-EB O&M Gold certification in December 2010. Improvements included retrofits on all energy systems resulting in a 25% reduction in total energy consumption and a 45% reduction in water use. The building also established rigorous recycling programs, indoor air quality improvements, alternative transportation initiatives and new green cleaning and green purchasing practices. The resource efficient components and financial analysis at 1250 Broadway will also apply to Green Street’s new LEED feasibility study at 666 Fifth Avenue, a prominent 1.5 million-square-foot office building in New York, where the project administrators will focus on determining the building’s suitability for LEED certification.

With a unique and holistic approach to environmental sustainability, Green Street is also performing green consulting services for dynamic urban developments such as Chelsea Market in New York City, Pacific Place in San Francisco, Calif., and Beach Place Apartments in Miami, Fla. For more information, visit www.greenstreetproperties.com     

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