Albanese Organization (AO) is a great example of an interesting phenomenon: once you go green, you don’t go back. AO is the forward-thinking real estate firm behind two other green buildings, The Solaire and The Verdisian. Their specialty is sustainable and high performance buildings. They’ve partnered with Starwood Capital Group Global LLC for their third green project, which has yet to be named, located at 70 Little West Street, surrounded by Battery Place, Little West Street, Second Place, and Third Place. The $310 million, 33-story project will have 152 condominium units and retail space on the first floor. Slated for occupation in 2008, the design architect is Pelli Clarke Pelli Architects; the building architect is Schuman, Lichtenstein, Claman & Efron; the interior design is by Stedila Design Inc.; and the general contractor is Turner Construction.
The glass and terracotta tower will have a curved facade to create river views from all four corners of the building. Like most modern buildings, this building will include a state-of-the-art fitness center, a pool, rooftop gardens, dining area, children’s playroom, parking garage (not always a given in NYC), and a lounge room with a fireplace.
I’ve heard rumors that some LEED buyers (not necessarily this one) are looking for the LEED label and point shopping around the energy efficient requirements–why do that? The point is, buildings need to be grid-independent and levered less to energy price fluctuations. By point shopping, you’re losing money by purchasing a hollow certificate (not to mention losing valuable environmental benefits).
Anyway, this building will be 35% more energy efficient than standard code buildings; 5% of the energy load will be provided by building-integrated solar panels and 35% of the building’s energy will be provided by wind generation. Geothermal systems will provide heating/cooling for part of the building. Low or no-VOC materials will be used throughout. There will be a high efficiency air filtration system to optimize indoor air quality ("IAC"). Individual residences will have year-round climate control via digital thermostat that controls a four-pipe fan coil system. A black water treatment plant will recycle bathroom and kitchen water to resupply toilets and supply make-up water for the HVAC system cooling tower. 10,000 gallons of water will be harvested and used to irrigate the rooftop garden, which provides a layer of insulation for the building. See also Multihousing News.