A number of area real estate concerns were acknowledged at an event designed to raise awareness of initiatives to utilize renewable energy sources. The Durst Organization's, whose 4 Times Square has recognized nationally as one of the nation's most "green" buildings, has become New York State's largest commercial customer of wind power.

The company is making an annual purchase of approximately 10.5 million kilowatt-hours of clean and renewable "Green Power," which consists of NewWind Energy, a product of Community Energy Inc., for its 7.5-million-sf portfolio of seven high-rise office buildings in Manhattan.

"Green Power" is clean, renewable energy generated in New York State that is now available to all residential, commercial, industrial and government energy users in New York City, as well as Westchester, Rockland, and Orange counties.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.