New York Real Estate Journal

Tides opens Thoreau Center for Sustainability

October 9, 2007 - Brokerage
Tides has opened a green nonprofit office center, Thoreau Center for Sustainability. Tides provides an array of services that amplifies the efforts of forward-thinking philanthropists, foundations, activists and organizations to make the world a better place. The new Thoreau Center for Sustainability offers shared workspace and a healthy work environment for its nonprofit tenants, as well as a social investment opportunities for its funders.An opening celebration for the center was held on October, 3. Thoreau Center for Sustainability New York is an environmentally sustainable workplace shared by twelve nonprofit organizations and programs. Located at 55 Exchange Pl. in the old JP Morgan Building, across from the New York Stock Exchange, it is the first shared community and conference space for nonprofits in Lower Manhattan. It is also one of the first office spaces in New York City registered for LEED CI (Commercial Interiors) certification. Tides is pioneering social investment opportunities in creating green nonprofit centers by offering values-based investors an opportunity to earn a strong financial return while supporting nonprofit groups.