Retrofitting high-rises to go green
Iconic skyscrapers find new luster by going green.
When owners of the Empire
decided to blanket its towering facade this year with thousands of insulating
windows, they were only partly interested in saving energy. They also needed
tenants, states an Associated Press article .
After 78 years, Manhattan's
signature office building had lost its sheen as one of the city's most
desirable places to work. To get it back, the owners did what an increasing
number of property owners have done - they went green, shelling out $120
million on a variety of environmental improvements, a move would have been
considered a huge gamble a few years ago.
Buildings that define city skylines across the country, some national icons,
are catching up to the sleek, new structures designed with efficiency in mind,
as property owners and managers become convinced that a greener building now
makes financial sense.
That's because in recent years environmental retrofits have begun to pay off
for owners and tenants alike. Higher-profile companies are seeking out more
efficient office space, and new technology at older buildings has started to
translate into higher property values, leases, and occupancy rates.