Multifamily Now Eligible for ENERGY STAR Bragging Rights
The ENERGY STAR label is synonymous with efficiency. New homes, commercial buildings, even refrigerators have been eligible for the EPA’s recognition for over twenty years, yet existing multifamily buildings have been historically left out, until now.
On November 13, 2014, ENERGY STAR announced the first seventeen existing multifamily residential buildings in the nation to receive their prestigious certification. Bright Power is proud to have worked with Related Management on three out of the five New York City properties:
- 30-50 21st: Owned by NYSANDY2 30-50 21ST LLC, managed by Related Management and with technical assistance from Bright Power
- Terrific Tenements 423 W 48th Street: Owned by Clinton Housing Preservation, LP, managed by Related Management, and with technical assistance from Bright Power
- Terrific Tenements 527 W 47th Street: Owned by Clinton Housing Preservation, LP, managed by Related Management, and with technical assistance from Bright Power
These three affordable housing properties were primed for certification thanks to Related Management’s commitment to sustainability. With existing technologies like bi-level lighting in all corridors and public spaces, occupancy sensors and high efficiency ventilation fans, boilers and domestic hot water systems, these buildings were already bringing their A-games when the certification process began. That’s right, all three properties were already receiving A grades in EnergyScoreCards.
Our engineers went on site to examine the systems, search for inefficiencies and speak with residents to make sure that the buildings’ needs were being met on the grounds of energy and comfort. The buildings got a clean bill of health on all counts which came as no surprise to our team of analysts who have been following the buildings’ performance in EnergyScoreCards for over a year.
“We are thrilled to be among the first owners recognized with the ENERGY STAR multifamily certification. It is a great acknowledgement of our continued commitment to environmental responsibility across all asset classes and we are especially proud that these apartments are not only more sustainable, but also affordable.” said Jeff Brodsky, President of Related Management.
The expansion of the ENERGY STAR program is a win for the multifamily industry. The impact of building efficiency on the lives of tenants is significant and will no longer go unrecognized by the public. We look forward to helping more of our clients achieve certification for years to come.
To read the full press release click here.