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FirstService Residential Re-Ups on Clean Energy for NYC Offices

FirstService Residential’s New York City regional office has entered into an agreement to purchase 100% clean energy for its 622 Third Ave. headquarters through 2021. The three-year agreement extends a commitment that began in 2016.

The regional office at 622 Third uses approximately 700,000 kilowatt hours of energy annually. This conversion was accomplished by the purchase of Renewable Energy Certificates through 3-Degrees Inc.

The conversion follows on FirstService Residential’s success with its managed portfolio in the New York City region. Since 2016, the region has converted more than 55% of its portfolio to green energy, totaling over 125 million kwh of renewable energy annually.

“It’s an amazing testament to the environmental commitment of the co-op and condo boards in the FirstService Residential portfolio,” said Dan Wurtzel, president of FirstService Residential New York City. “We’re very proud of this achievement, and we look forward to continued progress towards full participation.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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