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555 Greenwich Street Update 08/03/23

NYC is a continually evolving metropolis and a world stage that produces a steady stream of highly influential and boundary-pushing projects. With new energy codes and strict requirements on the way for both existing and future structures, developers will have to act deliberately in order to comply with the law. But in the midst of change, some projects don’t just seek to comply; they aim to lead the pack in sustainability. This week, we’re kicking off a list that will highlight some of NYC’s most exemplary buildings and current projects that could serve as role models for future sustainable development.


555 Greenwich Street

Developer: Hines, Norges Bank Investment Management, Trinity Church Wall Street

Architect: COOKFOX Architects

Contractor: Tishman Construction

Built as a horizontal expansion of 345 Hudson Street, 555 Greenwich Street is a 16-story, boutique office building, that recently completed in Manhattan’s Hudson Square neighborhood.

As one of NYC’s most sustainable office buildings, it combines a number of cutting-edge mechanical and electrical systems, which will help it to exceed NYC’s 2030 climate targets by 45%. These systems include a heat exchange system with geothermal piles and heat pumps, a dedicated outer air system (DOAS), thermally active radiant floor slabs, and a fully electrified heating system. With an electricity usage that is 40% less in comparison to other state-of-the-art, Class-A office buildings, it also maintains a 10% reduction in electricity demand. 555 Greenwich boasts LEED Platinum certification and is one of only ten new projects in all of New York State to receive this certification.


Stay tuned next week when we’ll present the second entry on this list. Hint: It’s a world-famous icon and a structure that’s nearly 100 years old, yet it’s one of the most sustainable buildings on the planet. For more insight on changing energy codes and sustainability right now, you can also check out our other articles, highlighting Local Law 97 and how energy codes vary across the United States.

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