New York Governor Kathy Hochul announced on October 3rd that six new real estate partnerships will join the State’s $50 million Empire Building Challenge to help advance a climate-friendly building stock in New York State. The partnerships consist of “real estate teams made up of best-in-class building owners, engineers, and solution providers,” and Goldman Copeland is part of the team assembled by Equity Residential.
The teams will develop highly repeatable approaches to reducing carbon emissions in the heating and hot water systems for 5.6 million square feet of existing high-rise buildings—including 316 affordable housing units—that are advancing through the Empire Building Challenge. The initiative supports the goal of reducing greenhouse gas emissions 85 percent by 2050, set by the New York State Climate Leadership and Community Protection Act.
As part of the Equity Residential team, Goldman Copeland will focus on two multi-family buildings, 31 and 32 stories each, totaling 467,762 square feet. One is located in midtown Manhattan; the other in downtown Brooklyn.
Governor Hochul’s announcement is available here. For more information on Goldman Copeland’s energy services, please contact Sarah Ingber at [email protected].
