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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.
- ◦Development
- ◦Policy/Gov't