CompassRock Real Estate announced that Peter Cooper Village/Stuyvesant Town (PCV/ST) has been recognized by the U.S. Environmental Protection Agency (EPA) as one of the first multifamily housing communities to earn ENERGY STAR certification for superior energy performance.
PCV/ST is the first multifamily community in New York and one of the first five communities nationwide to receive this recognition which signifies that the community is in the top tier of energy performance for multifamily buildings nationwide.
On average, ENERGY STAR buildings contribute 35 percent fewer greenhouse gasses to the atmosphere than comparable non-ENERGY STAR buildings.
Since taking control of PCV/ST in 2010, CWCapital along with property manager CompassRock Real Estate identified energy efficiency as a key priority to achieve cost savings, improve the resident living experience and act as a good corporate citizen.
CompassRock oversaw and implemented a multi-million dollar capital program to upgrade infrastructure and invested in technology and training to improve maintenance operations and procedures resulting in significantly improved energy efficiency.
“We recognize that multi-family residential buildings are among the most significant contributors to greenhouse gasses in New York, which is why reducing our environmental footprint is such a major priority for Peter Cooper Village/Stuyvesant Town,” said Andrew MacArthur, managing director of CWCapital,
“We are honored to be recognized as a national leader in energy efficiency and look forward to continuing our leadership by seeking new ways to improve energy efficiency to meet the Mayor’s goals for our industry.”
PCV/ST will begin to display its ENERGY STAR certification in the lobbies its buildings.
“Older buildings operating off inefficient and dirty fuel systems make up an enormous share of our carbon footprint in New York City,” said New York City Council Member Dan Garodnick, “The specific steps taken to upgrade Stuyvesant Town and Peter Cooper Village, a complex built in the 1940s, set a good precedent for how other properties can significantly reduce their environmental impacts.”
“PCVST’s achievement demonstrates that it’s possible to overcome the many traditional barriers to energy efficiency in the multifamily housing market and reap significant energy and cost savings,” said Jean Lupinacci, Chief of the ENERGY STAR program for Commercial and Industrial Buildings.
“Through the example they’ve set, we see how we can all help to make properties more cost-effective for renters, while cutting greenhouse gas emissions and protecting human health.”
PCVST has implemented several energy efficiency upgrades that have contributed to the building’s ability to achieve ENERGY STAR certification:
• Building Management System (BMS) – PCVST installed a BMS system across the property to monitor performance of heating, hot water, and ventilation systems operations. BMS is a series of sensors that are applied to pipes and mechanical systems that allow engineers to monitor and adjust system performance from a central control room.
• Energy Efficient Lighting – PCVST retrofit the entire property with energy efficient lighting, including energy efficient bulbs in all the hallways and apartments, and occupancy sensor-controlled lighting is planned for the stairwells.
• ENERGY STAR Appliances – All renovated apartments have ENERGY STAR refrigerators. All laundry rooms across the property are equipped with ENERGY STAR washing machines.
• Building Envelope Efficiency – All windows have been checked to ensure they don’t leak air. Residents who have window air conditioners have specially made window panels, installed by the PCVST maintenance team, to ensure there is no loss of conditioned air. Weather-stripping on all doors, apartments and exterior doors, is in excellent condition and is constantly monitored by the maintenance team.
• Sustainable Operations & Maintenance – The maintenance team at PCVST has invested in and developed one of the most extensive and comprehensive operations and maintenance plans of any building in NYC. New technology platforms allow for tracking of preventative maintenance which ensures building system continue to operate at maximum efficiency.
The new 1-100 ENERGY STAR score and certification for existing multifamily properties is based on nationally representative survey data provided by Fannie Mae and will be integrated into other green building certification programs, including the U.S. Green Building Council’s popular Leadership in Energy and Environmental Design rating system.
It is the first time existing multifamily properties have been able to be certified as ENERGY STAR.
Previously, only new construction multifamily properties have been able to earn certification by meeting prescriptive design requirements for high performance.
ENERGY STAR was introduced by the EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions through energy efficiency.
Today, the ENERGY STAR label can be found on more than 65 different kinds of products, 1.4 million new homes, and 20,000 commercial buildings and industrial plants that meet strict energy-efficiency specifications set by the EPA.
Over the past 20 years, Americans have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions with help from ENERGY STAR.