W&H Properties' 1333 Broadway earns Energy Star certification; $71 million upgrade includes energy-efficient windows

The U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE) have awarded the Energy Star designation to W&H Properties' 1333 Broadway in recognition of the building's energy performance, according to Anthony Malkin, president of Malkin Holdings, which supervises the W&H Properties portfolio. According to the two agencies, Energy Star buildings use 35% less energy and generate 35% fewer greenhouse gas emissions than similar non-designated buildings across the nation. "Sustainability is one of the hallmarks of W&H Properties," said Malkin. "Already three W&H buildings have the Energy Star certification, and we expect the others to achieve it in the near future." 1333 Broadway's Energy Star award closely follows another award from the EPA to the Empire State Building, which was named a 2011 Green Power Partner for purchasing 100% renewable energy. "Recognition from the EPA and DOE means a lot to us," said Malkin. "It confirms that our efforts to conserve energy, reduce water usage, recycle waste, and improve indoor environmental quality are very much on target. "Many people have heard about the retrofitting of the Empire State Building," he said. "That is only one component of our sustainability program, which extends to every property in the nine-property W&H portfolio." The recently completed $71 million upgrade program includes a new lobby, with a restored original lobby ceiling and elegant marble finishes, the addition of two new elevators and renovation of the three existing passenger elevators and freight elevators, new energy-efficient windows, renovated restrooms and air-conditioned public corridors, and upgraded building-wide systems, including electrical, plumbing, HVAC and security. Situated in the center of the Penn Plaza District, across from Macy's flagship location, 1333 Broadway contains 12 stories and 350,000 s/f of modern office space. It offers unsurpassed access to public transportation, and is just steps from the Long Island Rail Rd., New Jersey Transit and Amtrak at Penn Station, the Port Authority Terminal, the PATH, 15 subway lines and all major bus lines. Part of the W&H Properties Pre-War trophy office portfolio, the building is owned by 1333 Broadway Associates, L.L.C, a partnership led by Peter L. Malkin and Anthony Malkin, one of New York City's most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives. Available spaces include a partial floor of 14,000 s/f and a major retail branding opportunity with up to 62,000 s/f on the ground, second and lower levels and over 500 s/f of street frontage. Broker commissions are paid in full at lease signing.