W&H’s 112 West 34th Street Attains Energy Star Status
August 19, 2010
NEW YORK CITY – 112 West 34th Street, a W&H Trophy office building in the Penn Plaza district, has earned the nationally recognized Energy Star designation from the U.S. Environmental Protection Agency (EPA), announces Fred C. Posniak, senior vice president of W&H Properties.
The designation signifies that the property meets strict energy performance standards set by EPA and uses less energy, is less expensive to operate, and causes fewer greenhouse gas emissions than its peers.
“This is yet another milestone in W&H’s sustainability efforts, and it reflects our commitment to sustainable property operations and development,” says Mr. Posniak. “One of our organizational goals is to promote energy efficiency, water use reduction, recycling and indoor environmental quality – and this is a very nice federal validation of what we have been doing.”
Recently, the Empire State Building, which is also part of the W&H Properties portfolio and which is undergoing a groundbreaking energy-efficiency audit program, received its own Energy Star designation. This program – which at ESB identified eight rigorously evaluated and proven cost-reduction initiatives – is being implemented at each W&H property and will reduce overall energy consumption, leading to lower operating costs for tenants.
“Beyond the cost savings, there are additional benefits of our sustainability efforts,” notes Mr. Posniak. “Healthier work environments lead to better worker productivity, fewer employee sick days, higher employee retention and enhanced recruitment. We are proud to help our tenants achieve these results.”
Located across from the Macy’s flagship location, 112 West 34th Street contains 26 stories, and more than 750,000 square feet of modern office and showroom spaces. It offers exceptional direct underground access, scheduled to open in 2012, to the Long Island Rail Road, New Jersey Transit and Amtrak at Penn Station, the Port Authority Terminal, PATH, 15 subway lines and all major bus lines.
The property recently completed a top-to-bottom $80 million upgrade program that includes a sleek, new modern and energy-efficient glass curtain wall; a renovated stone and marble lobby, which features a 30-foot undulating ceiling, state-of-the-art security desk with concierge services, and new entryways at both 34th and 33rd Streets; renovated restrooms and air-conditioned public corridors; upgraded building-wide systems, including state-of-the-art life safety, electrical, security, plumbing, and HVAC with a direct digital control Building Management System (BMS); and several other energy efficiency upgrades.
Part of the W&H Properties Pre-War Trophy office portfolio, the building is supervised by Malkin Holdings LLC, one of New York City’s most financially stable ownerships.
W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.
Availabilities at the property include spaces ready for immediate occupancy from 1,500 square feet, W&H portfolio standard high-end pre-built units ranging from 4,176 to 6,067 square feet, and build-to-suit partial and full floors from 20,000 to 41,000 square feet.
Broker commissions are paid in full at lease signing.