NYREJ

07-31-12

The New York Real Estate Journal provides the latest commercial real estate news for the entire state of New York. Read profiles of the most influential companies and people involved in the NY commercial real estate market.

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New England Real Estate Journal New York Real Esta e Journal Newsstand Price $3.95 USA Printed on recycled paper facebook.com/nyrej twitter.com/nyrej July 31-August 13, 2012 nyrej.com Volume 24 ■ Issue 14 Project of the Month / GB / PAGES 9-11 SPECIAL INSERT SECTION Atlantic Terrace: A LEED-Gold, 80-unit mixed-use cooperative nyrej.com Digital Edition Green Buildings SPECIAL INSERT This Week's Sections ROP, Shopping Centers, Billboard Cover Story Ash of Prince Realty Advisors brokers $280m sale of JD Carlisle/DLJ Real Estate's The Beatrice NY / COVER A Question of the Month FD / PAGE 4B Can a buyer recover for damages when unable to show that they were Glassberg & Associates, LLC Steven Glassberg ready, willing and able to close? SL Green Realty refinances 100 Church St. for $230m- financed by Wells Fargo FD / COVER B Economic Development SECTION C NY / PAGES 11-22A Spotlight Shopping Centers Feature Aaron Gershonowitz Attorney Columnist NY / PAGE 2A Botanical Garden: Designed by Weiss/Manfredi E.W. Howell finishes $28m Vistor Center for Brooklyn NY / LOWER COVER A Green Buildings Special Insert Section New York Real Estate Journal July 31, 2012 Douglaston Dev.'s The Edge achieves LEED Gold; Designed by Jacobs and sustainable design/LEED consulting by Kinetix Jeffrey Levine BROOKLYN, NY The Edge has recently been awarded Leadership in Energy and Environmental Design (LEED) Gold certification by the U.S. Green Buildings Council. The Edge is one of the largest residential projects in the city to receive the LEED Gold certification and ranks among the largest in the entire country. Certification is based upon the number of points earned across several categories including water efficiency, energy, indoor environmental quality, building site and materials resources. The 565-unit, mixed-use develop- ment is now one of the city's largest residential build- ings to achieve LEED certification at any level, let alone a Gold rating. "Douglaston Development truly believes in sustain- able development. We are proud to have The Edge rec- ognized as one of the greenest buildings in the country," said Jeffrey Levine, chairman of Douglaston Develop- ment, the building's developer. "Green design features Quick Read 10,000 s/f squash ctr.; Seeks LEED cert. The Sleepy Hollow Golf Club constructed a new James G. Rogers Archts. designs 10,000 s/f, $4 million squash center. The building will operate above the NYS energy code requirements to qualify for LEED certification. SEE PAGE 12 Mark Bourbeau ..........................................................................2 Green Building Experts...........................................................3-8 Also Inside 20 Pages facebook.com/nyrej twitter.com/nyrej Printed on recycled paper at The Edge translate into both healthier living and cost savings for the resi- dents." Architect Steven Jacobs The Edge, Brooklyn integrated sustainable fea- tures into the design: from energy and water conserva- tion, to the use of renew- able and local materials. During construction, 84% of waste was diverted from landfill and recycled. Addi- tionally, biodiesel was used for most of the onsite con- struction equipment. "Sustainability plays a large role at The Edge – from building design to resident lifestyle, demonstrating Douglaston Development's commitment to environ- mental and social leadership. As a result, Edge home- owners enjoy a higher quality of life than most" said Michael Block, president of Kinetix, the sustainable design and LEED consultant for the project. •for full story visit nyrej.com• utiliVisor installs energy monitoring system at NYU Langone Medical Center MANHATTAN, NY utiliVisor has installed a system to provide detailed end-to-end energy monitoring services for the chilled water generation systems at NYU Lan- gone Medical Center. The center, comprised of 11 build- ings with 2.9 million s/f, is located at 545 First Ave. The energy monitoring is being conducted under a grant given to NYU Langone from a $7.4 million NY- SERDA program to support 30 energy conservation projects in the city. utiliVisor is providing energy oversight of the chilled water generation systems and assisting NYU's facili- ties staff in analyzing and improving the energy perfor- mance of the operations for three interconnected chiller plants located in the Tisch, Skirball and Smilow build- ings, with an overall cooling capacity of 23,200 tons.

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