(NEW YORK) – The New York office of Hines, the international real estate firm, announced today that 750 Seventh Avenue has earned the ENERGY STAR® from the U.S. Environmental Protection Agency (EPA) in recognition of exemplary energy performance.
Owned, managed and leased by Hines in a joint venture with General Motors, 750 Seventh Avenue, designed by the architectural firm of Kevin Roche John Dinkeloo and Associates,
is a 35-story, 600,000-square-foot
Class A office building located in the Times Square district of Midtown Manhattan,.
With an ENERGY STAR score of 79, 750 Seventh Avenue is 30 percent more energy efficient and saves $1.28 in energy costs per square foot per year when compared to the national average building. This translates to estimated greenhouse gas reductions equivalent to removing approximately 475 passenger vehicles from the road.
In addition to implementing Hines’ best practices of operations and engineering, Hines undertook an extensive retro-commissioning project that incorporated: the installation of new dampers; a full-building lighting retrofit including the addition of occupancy light sensors; and the installation of variable frequency drives on the chilled water and condenser water pumps and cooling towers. The property management team also worked with tenants to implement Hines’ GREEN OFFICE for Tenants program to reduce energy consumption in indoor spaces.
Hines Property Manager Enzo Paternostro said, “Our engineers have worked diligently to improve the building operations as well as the tenant experience at 750 Seventh Avenue. Achieving the ENERGY STAR in New York City—where commercial office properties are typically energy intensive due to data center needs—is something for which we can be very proud.”
Globally Hines is responsible for 145 projects, representing more than 89 million square feet that have been certified, pre-certified or registered under the various LEED rating systems.
Hines was a founding member of the German Sustainable Building Council, and is active in the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.
In 2009 Hines was recognized by the EPA, for the second time, with the ENERGY STAR Sustained Excellence Award; Hines has 138 buildings, representing approximately 77 million square feet that have earned the ENERGY STAR label.
Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,111 properties representing more than 449 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. Hines has offices in more than 100 cities in 17 countries and controls assets valued at approximately $22.9 billion.
Visit www.hines.com for more information.
To learn more about sustainability at Hines, visit www.hines.com/sustainability.