Mar 21, 2022
Manhattan Skyscraper to Be Fully Powered by Renewable Energy
(Bloomberg) -- Brookfield Properties will power its One Manhattan West office skyscraper with renewable energy from upstate New York.
Another unit of parent Brookfield Asset Management Inc. will provide hydropower for the 67-story tower, part of the 8-acre (3.2-hectare) Manhattan West project on the borough’s far west side. The agreement is one of the largest in-state renewable energy deals for a single building in New York, according to a statement Monday.
Brookfield Renewable operates more than 70 hydropower facilities and three wind farms in the state, with capacity to generate roughly 900 megawatts of electricity, according to the firm.
“Our pledge to obtain 100% renewable electricity at One Manhattan West underscores our unwavering commitment to reach net-zero emissions by 2050 across Brookfield’s portfolio,” Brookfield Properties Executive Vice President Callie Haines said in the statement.
The 2.1 million-square-foot (195,000-square-meter) tower, in the Hudson Yards area, has tenants including the National Hockey League and law firm Skadden, Arps, Slate, Meagher & Flom. Last week, Blackstone Inc. said it bought a 49% stake in the building from Brookfield and partner Qatar Investment Authority.
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