NYC just got a little greener with Paramount Group’s 900 Third Avenue earning the LEED certification for Existing Buildings. Great Forest managed the certification process, which boosted sustainability on several fronts.
New waste and recycling initiatives increased the building’s diversion rate to 60%, energy efficiency efforts helped the building achieve an ENERGY STAR rating of 77, and new water fixtures brought usage levels to 36% below the LEED baseline. Due to these and other LEED performance enhancements, the project will have a simple payback period of 3.7 years, at which point the amount saved from efficiencies will match the amount spent on certification.