125 Broad Street
125 Broad St
New York, NY 10004
This property is owned by The 125 Broad Condominium and managed by Cushman & Wakefield, Inc. With a rentable area of 1.3 million square feet, the building features floor plates of 35,000 square feet with an impressive tenant roster of leading companies including law firms and financial firms. Built in 1970, the 40-story 125 Broad Street is a state-of-the-art office space in the center of Downtown Manhattan's most dynamic, progressive neighborhood. The building is situated at the entrance to FDR Drive with enviable views of New York Harbor and the historic and picturesque Governors Island from all floors. Distinctive features include an impressive lobby, on-site coffee shop, newsstand, back-up child care, outdoor seating area with wireless connectivity, and an executive underground parking garage.
In addition to efficiency and flexibility, there are qualifications in place for economic incentives, such as the Commercial Revitalization Program, the Job Creation and Retention Program, and the Lower Manhattan Energy Program.
The Cushman & Wakefield management team established performance objectives to earn the ENERGY STAR for superior energy performance by permanently reducing electricity, steam and chilled water consumption. They were able to improve their ENERGY STAR energy performance score from a preliminary score of 48 to a present day score of 79. Further, the Carbon Footprint was reduced by 6,666.99 tons of carbon emissions in just 2 years. These goals were achieved while also enhancing occupant satisfaction by making changes in mechanical operations, upgrading the building management system (BMS), installing variable frequency drives (VFDs), monitoring steam traps, real-time monitoring of electric, steam, and chilled water consumption, insulating, and completing lighting upgrades.
The management team identified and orchestrated the implementation of the "Energy Dashboard" program, an energy management tool created by Integrated Energy Services Corporation (IES Corp). The Energy Dashboard monitors the building's ENERGY STAR and Carbon Footprint performance as well as real-time consumption of electric, steam, and chilled water. Through the Energy Dashboard, the management team receives alerts to spikes and leaks in electric, steam, and chilled water consumption while it is occurring so they can respond accordingly.
Certification and training of mechanical staff helped reinforce the energy reduction philosophy and provided the staff with the ability to enhance the building operations to meet reduction goals. The management team uploaded building data to EPA's Portfolio Manager and Intelligent Load Management programs. Program funding was provided though NYSERDA incentive programs; curtailment revenue auction trading; carbon offset trading; and sustainable energy conservation programming.
Through continuous improvement and monitoring of performance, 125 Broad Street was able to improve its' rating by 65 percent and earn the ENERGY STAR in just 2 years. In 2008 and 2009, the building reduced its carbon emissions by 4,296.25 and 6,666.99 respectively. Overall cost savings to ownership measured $7M over the 2-year period. The Cushman & Wakefield management team is committed to maintaining this prestigious status and further improving the building's performance.
Please note: Narrative information in this profile has been provided by 125 Broad Condominium or a representative of this facility. Other building information was verified and submitted to EPA at the time of application. Building energy performance, operating characteristics, and ownership/management may be subject to change over time.
Code Green Solutions Inc
125 Broad Condominium
125 Broad Condominium
Year(s) Labeled (Rating):
Facility Type: Office
Total Floorspace: 1302019 sf
Year Constructed: 1970
Contract Type: None
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New York, NY 10001