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Case Study

New office tower soars to LEED Platinum

One Bryant Park, a 2.1 million square foot high rise in midtown Manhattan, is owned by a joint venture between Bank of America and The Durst Organization, a New York real estate company. Jones Lang LaSalle, representing Bank of America throughout development of the property, was instrumental in arranging financing and incentives for the building. Our team also negotiated the lease for 1.6 million square feet of tenant space for Bank of America in One Bryant
Park, and served as project manager for the oversight of building core and shell construction and Bank of America’s critical infrastructure, as well as the fit-out of the Bank’s tenant space.

When the building and interior space were completed, we managed Bank of America’s move-in process. Jones Lang LaSalle is now providing property management services for One Bryant Park.

A high-rise LEED-er The building received LEED Platinum CS certification for the core and shell, and Bank of America has received LEED CI Gold certification for its interior space. As currently the second tallest building in Manhattan, it was the world’s first office tower to be awarded LEED Platinum CS. On an energy-efficiency basis, the building performs as originally designed. The occupancy scenario changed as the building neared completion and tenants were secured, and the change affected the energy usage pattern. Building operating hours have increased to accommodate tenant business needs, plus there is significantly more trading space, which was not part of the original program.

These changes led to higher energy demand, and our team has made adjustments to maintain optimal operational efficiency. Energy and resource efficiency measures such as the inclusion of a co-generation plant that produces 70 percent of the building’s power added approximately 10 percent to the cost of construction. This incremental cost would be less if undertaken today since the market for energy efficiency and sustainable construction practices is more mature and competitive. The additional cost is expected to be offset by lower operational costs in seven or eight years at current resource prices.

Occupants like green features
Bank of America educates its employees on the benefits of working in a green environment, and how they can support sustainability in the workplace. For example, one program explains how to dispose of recyclable lunch containers containing food residue, and urges employees not to use certain cleaners and hand lotions that contain environmentally-harmful chemicals. The Bank also conducts employee satisfaction surveys that include questions on working in a green environment, and receives favorable feedback on this point.

One Bryant Park has direct connections to all major New York subway lines, and includes an underground pedestrian passage to some of these stations. An urban garden open to the public provides a popular gathering spot, and a separate public space provides a covered pedestrian connection between 42nd and 43rd Streets, hosting cultural and performance events by non-profit organizations.

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