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The conversation around the "value of green" real estate now focuses on the long-term return on sustainability.

Hunts Point Tenant to Install Bronx’s Largest Solar Rooftop Array

Krasdale Foods, which provides grocery distribution, merchandising, and marketing to independent grocery store owners, will spearhead the largest solar rooftop project in the Bronx, adding a 2.7-megawatt system atop its Hunts Point warehouse.

As part of the company’s agreement with the New York City Economic Development Corporation—the lease administrator on behalf of the city—Krasdale will have the opportunity to extend its current lease through 2041. 

Working with PowerFlex, a national provider of renewable energy infrastructure, Krasdale will install more than 6,500 panels at its warehouse. Krasdale says the system will generate clean energy equivalent to offsetting 5.3 million pounds of carbon dioxide or removing 524 automobiles from the road annually.

“New York City is closer to achieving its energy goals with Krasdale’s new solar installation at the Hunts Point Food Distribution Center,” said NYCEDC president and CEO Rachel Loeb.

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Krasdale Foods

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 GlobeSt.com 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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