search

The Real Deal Logo

Trending

Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsHousing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsLandlords to Rent Board: The Bronx will burn againLandlords to Rent Board: The Bronx will burn again
New York

SL Green saves $6M thanks to energy efficiencies

SL Green Realty has saved over $6 million thanks to new energy-efficient measures at its properties, the real estate investment trust said in its first ever sustainability report.

Measures such as LED lighting, real-time building energy management systems, recycling (SL Green reportedly recycles over 75 percent of building waste) and cutting water use earned the company a third LEED-EB Gold certification and 24 Energy Star Labels.

Sign Up for the undefined Newsletter

“Our general approach,” Jay Black, SL Green’s director of sustainability. told GlobeSt, “is about starting slow and building our sophistication over time. Sustainability is a tool to make our business better through continuous refinement of previous successes.”

The company aims to continue its investment in “key energy efficiency projects” and reduce costs by 15 percent in 2020. [GlobeSt] — Julie Strickland

Tags
SL Green