The 2011-12 BOMA/NY Pinnacle Awards were handed out earlier this month and included the highest total of LEED- and Energy Star-rated buildings in the competition’s history. The Pinnacle – New York’s competition of the TOBY (The Building of the Year) Awards of BOMA International – is the highest award given to owners and property managers in Gotham’s commercial real estate industry. This year’s competition recognized a number of green buildings.
The Norman Foster-designed Hearst Tower became the first LEED for New Construction Gold-certified commercial office building in New York City to subsequently earn Platinum under the LEED for Existing Buildings: Operations and Maintenance rating system. Tishman Speyer manages the building in cooperation with Hearst. Since 2006, total annual energy consumption has dropped by 40 percent and water usage by 30 percent.
According to Crain’s, tenants looking for older, environmentally friendly buildings have a slightly better chance of finding one on the West Side than on the East. However, a mere 37 existing buildings in Manhattan have obtained LEED certification from the U.S. Green Building Council, or USGBC, which bestows the distinction.
There are 19 building on the West Side that were certified after renovations and retrofits, compared with 18 on the East Side, according to data from USGBC. The data does not include new building such as 11 Times Square or 7 World Trade Center, new skyscrapers that were designed with LEED certification in mind.
Three new speculative, LEED-hopeful office buildings are slated to come on line in 2013. Together, One World Trade Center, Four World Trade Center, and 51 Astor Place will deliver 6 million square feet of new space into the Manhattan office market. The Wall Street Journal points out that the success of leasing efforts at the 2013 towers will have repercussions for other high-profile projects who will also seek LEED certification. 7 Bryant Park, 510 West 22nd Street and Related’s Hudson Yards project on the far West Side are three such projects. While the more efficient use of office space is great for the environment, it’s not good for developers and landlords looking to fill up their buildings.