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New York & Tri-State  + Downtown New York  + Office  | 
Building 301 Rendering Governors Island New York City

Partnership Will Bring Climate Policy Hub to Governors Island

Buttermilk Labs, a new multi-tenant office, research, training and convening hub dedicated to environmental sustainability, offshore and coastal climate solutions, and urban resilience, adaptation and mitigation will take space within the Governors Island Historic District under a long-term lease.  

A partnership led by New York City-based real estate development firm North River Company and BJH Advisors will reimagine the Island’s historic Building 301 as a 23,000-square-foot hub dedicated to fostering and growing businesses and non-profits that advance local climate solutions with potential for global scale.   

“This project will support New York City’s leadership in climate policy and green jobs while restoring one of Governors Island’s most treasured historic structures,” said Clare Newman, president and CEO of the Trust for Governors Island. 

The lease represents a milestone in the Trust’s ongoing strategy and vision to reactivate the Island’s nearly 1.3 million square feet of historic buildings.   


Inside The Story

Trust for Governors Island

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).

  • ◦Development
  • ◦Policy/Gov't