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Two Exemplary NYC Buildings Win BOMA International TOBY® Award

 BOMA New York, the City’s most influential commercial real estate trade organization, is proud to announce that 10 Hudson Yards and 11 Madison Avenue have each won a prestigious BOMA International TOBY® Award at the 2022 BOMA International Conference, hosted by Nashville, TN.

The Outstanding Building of the Year® (TOBY) BOMA International Awards are the most prestigious and comprehensive awards of their kind in the commercial real estate industry. The TOBY Awards recognize quality in commercial buildings and reward excellence in building management in hundreds of communities around the country.

The 2022 international competition featured 14 awards and 62 buildings from multiple BOMA International regions. The TOBY Awards program began at the local level and culminated at the international TOBY Awards Banquet. All awardees first won an award from their BOMA local association in one of the TOBY categories and then went on to compete and win at the regional level. Buildings are judged on all facets of building operations, including energy management, tenant relations, community involvement, emergency preparedness, and security.

BOMA New York Executive Director Lori Raphael said, “It was an exciting experience to have two New York winners at my first International Toby Awards. I am proud to represent the leading owners and managers in the CRE industry and happy to celebrate their respective achievements at 10 Hudson Yards and 11 Madison Avenue.”

10 Hudson Yards won the BOMA International TOBY Award “Operating Office Building of the Year (Over 1 Million SF)”. 10 Hudson Yards is the cultural hub of Manhattan’s New West Side. Designed by global architects KPF, the 1.8 million-square-foot tower stands an astounding 895 feet tall and features panoramic views. Designed for the new workplace paradigm – typified by expansive, column-free floor plates, above-average ceiling heights, and an abundance of natural light – 10 Hudson Yards is the first NYC commercial skyscraper to receive LEED v2009 Platinum Certification. Lindsay DeFouw, Vice President at Related Companies said, “It’s an honor to receive this highest recognition from our industry peers. 10 Hudson was the first building to open in our Hudson Yards campus, showing the way forward in prioritizing customer experience at the center of property management. Congratulations to the entire 10 Hudson Yards team – Stephanie Beckwith, Samantha Barone, Olivia Frasco, Jon Montes (BOMA NY Chief Engineer of the Year), Director of Security Jody Almodovar and many others. I have no doubt that this team will continue to set and raise the bar for our industry.” 10 Hudson Yards is owned by Allianz, Related Companies, and Oxford Properties Group; and managed by Related Companies.

11 Madison Avenue won the BOMA International TOBY Award “Earth Building of the Year”. 11 Madison has been a cornerstone of innovation since its conception in 1929. Nine decades and multiple renovations later – including NYC’s largest – it has fully taken on the mantle of sustainability. Today, 11 Madison is BOMA360, LEED Gold and Fitwel certified; houses two ice plants, and has achieved Energy Star certification since 2016. Forty-nine elevators transport tenants throughout its 2.3 million SF of diverse workspace. Tenant corporate sustainability commitments enhance the building’s profile through LEED-certified and ISO40001-compliant facilities, where infrastructure, programs and practices encompass ice plant technology, the drive to achieve 100% renewable power by 2030. Edward V. Piccinich, Chief Operating Officer of SL Green said, “Taking home this award demonstrates how our strategic capital upgrades and industry-leading standards reawakened a 2.3M SF Art-Deco mainstay, all while exceeding the highest standards for efficiency and social responsibility. The competition was fierce! We appreciate BOMA’s support and recognition and are very proud to win this prestigious award.” 11 Madison is owned by SL Green Realty Corp. and PGIM Real Estate; and managed by SL Green Realty Corp.

Matt Duthie, Chair of BOMA New York, said, “Congratulations to the ownership and management teams at 10 Hudson Yards and 11 Madison Avenue.” He continued, “Your exemplary leadership in building operations and steadfast commitment to sustainability positions New York City as the international benchmark for premium property management.”

Join BOMA New York in September at the 2022 BOMA New York Pinnacles Awards Gala, where the TOBY competitive cycle begins again.

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