The NYC Building Makeover Being Watched Around the Country

Building owners around the U.S. face new regulations on emissions.
Photographer: Jason Fulford
Publisher: The Wall Street Journal
Format: Digital
Date: 2024/03/14

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A 17-story office building in New York City is getting a new heating and cooling system that will produce reduced emissions. Photograph by Jason Fulford for The Wall Street Journal
The project to retrofit the property, built in 1931, is expected to cost $35 million. Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal
Mike Izzo, an executive at Hines, one of the building’s owners, says he thinks the investment will be worth it. Photograph by Jason Fulford for The Wall Street Journal
A heat pump at 345 Hudson St. connects to radiators along the perimeter of the 16th floor. Photograph by Jason Fulford for The Wall Street Journal
Piping at a property next door circulates water that is heated or cooled to control the building's temperature. Photograph by Jason Fulford for The Wall Street Journal
The real-estate investment manager Hines doesn't have an estimate for when its retrofit will pay off. Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal
Photograph by Jason Fulford for The Wall Street Journal

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