Transparently Green: Landlords, Tenants, Gear Up for Local Law 84
By Daniel Geiger March 12, 2012 7:00 am
reprintsYet about 800,000 square feet of its space is used by the building’s anchor tenant, Bank of America (BAC), as trading floors, a use that consumes tremendous loads of power. Compared to all but a handful of other buildings in the city that house similar functions, its power consumption will likely seem glaring even though the building itself is a paradigm of efficiency.
“These are in a class of buildings that are what we are calling ultra high-performance properties,” Don Winston, the Durst Organization’s vice president of technical services, said.
“There is a very small sample of properties really of this type to compare it to,” Mr. Winston said, indicating that it has hence been difficult for the city to evaluate One Bryant Park in an objective way that would account for its high energy tenant and still identify its level of efficiency.
For now, the city is dealing with this by omitting Energy Star ratings from the data it releases, a figure that essentially judges a building’s efficiency, for towers that have a significant amount of trading operations. One Bryant Park’s Energy Star rating won’t be the only one struck from the list: Several other office buildings, such as 1585 Broadway, which is home to Morgan Stanley; 383 Madison Avenue, which houses JPMorgan Chase (JPM); and 745 Seventh Avenue, the New York headquarters of Barclays; will also be left out for the time being.
