One year after an innovative building retrofit project to cut energy costs by 38 percent, the Empire State Building is ahead of plan and has exceeded its year one energy-efficiency guarantee by five 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," said 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."
The $550 million retrofit, as previously reported on ProudGreenHome, resulted in the famous landmark being awarded a LEED Gold for Existing Buildings certification.
The 2.85 million-square-foot building is one of a small number of National Historic Landmarks to earn the designation, which was established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI).
Read more about remodeling to make a building more green.