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New York & Tri-State  + Uptown/Bronx  + Industrial  | 

ULI NY Touts Geothermal Energy for Hunts Point Complex

The Urban Land Institute New York (ULI NY) recommended bringing geothermal energy to Hunts Point Food Distribution Center (HPFDC) in the South Bronx. The recommendation stems from a ULI NY study commissioned by New York City Economic Development Corporation (NYCEDC).

The measure would provide an annual $6.2-million utility cost savings, and increase HPFDC’s resiliency in the face of future severe weather events and rising sea levels.

“Protecting New York City from the threat of climate change requires big ideas and community-focused planning,” said Winthrop Hoyt, SVP, NYCEDC Asset Management. “ULI NY’s recommendations to explore geothermal energy as an additional renewable energy source amplify NYCEDC’s vision for a resilient campus that could protect HPFDC from the impact of climate change and will help safeguard residents in this South Bronx community.”

Nicknamed “New York City’s Refrigerator,” HPFDC is a network of distribution businesses on the Hunts Point Peninsula in the Bronx that handles 4.5 billion pounds of food flow each year.

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For comments, questions or concerns, please contact Paul Bubny

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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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