31 May '12, 8pm

The Empire Saves Cash: After one year, the Empire State Building's retrofits are paying off.

One year after an innovative building retrofit project, the Empire State Building is ahead of plan and has exceeded its year one energy-efficiency guarantee by 5 percent, saving $2.4 million and establishing a commercial real estate model for reducing costs, maximizing return on investment, increasing real estate value, and protecting the environment. "First and foremost, making the Empire State Building energy efficient was a sound business decision that saved us millions of dollars in the first year," says Anthony Malkin of the Empire State Building Company."We have a proven model that shows building owners and operators how to cut costs and improve the value of their buildings by integrating energy efficiency into building upgrades." Malkin and the Clinton Climate Initiative (CCI) Cities program, an aligned partner of the C40 Cities Climate Leadership Group, assembled a...

Full article: http://www.edcmag.com/articles/94485-the-empire-saves-cas...

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