New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Moinian Group Partners with Carbon Lighthouse on Properties in NYC, L.A.
San Francisco-based technology company Carbon Lighthouse is partnering with The Moinian Group, to lower carbon emission outputs in two of the owner-developer’s key commercial properties, while also reducing energy costs by $150,000 annually across the two properties.
Carbon Lighthouse’s AI-driven Efficiency Production identified the wasted energy hidden across HVAC and lighting system for two Moinian Group properties: 3 Columbus Circle in Midown Manhattan, where the company’s headquarters are located, and The International Jewelry Center in Los Angeles’ Jewelry District. Combined, they total more than one million square feet.
“We are thrilled to be partnering with Carbon Lighthouse on our first environmental initiative,” said Max Moinian, operations, design & development, The Moinian Group. “According to the 2016 NYC Greenhouse Gas Inventory, buildings create one-third of citywide emissions. This data-driven approach will have a real and lasting impact for our company and our tenants.”
- ◦Financing