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Lendlease JV Tops Out NY State’s Largest Residential Geothermal Building

Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, topped out construction of 1 Java Street’s two towers, reaching 37 and 20 stories, along Brooklyn’s Greenpoint waterfront. Upon completion in 2026, the 834-unit 1 Java Street will be the largest residential geothermal building in New York State, according to the New York State Energy Research and Development Authority, and is believed to be one of the largest geothermal residential buildings in the U.S.

The project’s vertical closed-loop geoexchange system will reduce annual carbon emissions from heating and cooling by 53% compared with typical residential systems, according to Lendlease. As an all-electric building, 1 Java Street will also avoid carbon emissions associated with natural gas.

“With 1 Java Street, we are setting a new standard for next-generation multifamily living with a high-quality, mixed-income development that is both fully electric and powered by geothermal energy,” said Monique Henley, executive general manager, East Coast development, Lendlease.

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Lendlease's Henley

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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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