NEW YORK–(BUSINESS WIRE)–
SL Green Realty Corp. is proud to announce its participation in the New
York City Mayor’s Carbon Challenge for Commercial Owners and Tenants
across 7 million square feet of the Company’s portfolio.
In One New York: The Plan for a Strong and Just City, Mayor de Blasio
has established the ambitious goal of reducing citywide greenhouse gas
emissions 80 percent by 2050 (80 x 50). The Carbon Challenge is a
voluntary pilot program that encourages landlords and tenants to support
the City’s emission reduction goals through collaborative energy
“It is a company-wide priority that our buildings operate at the highest
efficiency standards,” said Marc Holliday, Chief Executive Officer of SL
Green. “We employ best practices and lead by example, while aligning our
sustainability program with the goals enumerated by the City and other
international urban business districts.”
SL Green and its participating tenants have committed to reducing
greenhouse gas emissions from their buildings by 30 percent or more in
“As New York City’s largest commercial landlord, SL Green is responsible
for working with our tenants to strengthen our community’s resiliency.
We recognize that landlord initiatives alone will not address the City’s
emission reduction goals—instead, landlord-tenant partnerships are
critical,” said Elizabeth Majkowski, Senior Vice President, Operations
and Director of Sustainability for SL Green.
According to the Mayor’s Office of Sustainability, the Challenge is
projected to reduce citywide greenhouse gas emissions by an additional
60,000 metric tons of carbon dioxide equivalent (tCO2e)—the equivalent
of taking almost 13,000 cars off the roads—and result in an estimated
$50 million in energy cost savings.
More information on SL Green’s sustainability program can be found in
the Company’s 2016 sustainability report and website, accessible here: slgreen.com/sustainability.
About SL Green Realty Corp.
SL Green Realty Corp., an S&P 500 company and New York City’s largest
office landlord, is a fully integrated real estate investment trust, or
REIT, that is focused primarily on acquiring, managing and maximizing
value of Manhattan commercial properties. As of December 31, 2016, the
Company held interests in 127 Manhattan buildings totaling 47.8 million
square feet. This included ownership interests in 28.1 million square
feet of commercial buildings and debt and preferred equity investments
secured by 19.7 million square feet of buildings. In addition, the
Company held ownership interests in 30 suburban buildings totaling 4.8
million square feet in Brooklyn, Long Island, Westchester County,
Connecticut and New Jersey.
To be added to the Company’s distribution list or to obtain the latest
news releases and other Company information, please visit our website at www.slgreen.com
or contact Investor Relations at (212) 594-2700.
This press release includes certain statements that may be deemed to be
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995 and are intended to be covered
by the safe harbor provisions thereof. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that we expect, believe or
anticipate will or may occur in the future, are forward-looking
statements. Forward-looking statements are not guarantees of future
performance and we caution you not to place undue reliance on such
statements. Forward-looking statements are generally identifiable by the
use of the words “may,” “will,” “should,” “expect,” “anticipate,”
“estimate,” “believe,” “intend,” “project,” “continue,” or the negative
of these words, or other similar words or terms.
Forward-looking statements contained in this press release are subject
to a number of risks and uncertainties, many of which are beyond our
control, that may cause our actual results, performance or achievements
to be materially different from future results, performance or
achievements expressed or implied by forward-looking statements made by
us. Factors and risks to our business that could cause actual results to
differ from those contained in the forward-looking statements are
described in our filings with the Securities and Exchange Commission. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of future events, new information or
SL Green Realty Corp.
Senior Vice President, Operations
Source: SL Green Realty Corp.
News Provided by Acquire Media