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BPCA Selects Developers for Two Green Buildings

NEW YORK CITY-The Battery Park City Authority has selected the Albanese Development Corp. and the Related Cos. as developers for two environmentally-friendly high-rise apartment buildings on sites 18B and 19B, respectively.

By Betsy Kraat | Updated on March 26, 2001

NEW YORK CITY-The Battery Park City Authority has selected two development companies to build green high-rise buildings overlooking Teardrop Park. One of the two chosen developers, Albanese, is already in progress on the nation’s first environmentally-sustainable high-rise apartment building at adjacent site 18A.

Says James Gill, chairman of the BPCA: “The selection of Albanese and Related indicates our green building program is moving ahead with commendable speed. The high cost of fossil fuel makes it more important than ever to use environmentally advanced technologies to conserve energy.” Green buildings also address not only the expense of fossil fuels, but their scarcity as well.

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