IAG Energy Success Stories

Renaissance Properties - 627 Broadway

627 Broadway New York, NY 10012 US

Overview

The following Energy Assessment was performed on behalf of Renaissance Properties at 627 Broadway to identify energy efficiency measures that, when implemented, would make the property more efficient in terms of energy and water usage.

The procedures and methods used in this analysis exceed the requirements of an ASHRAE Level II Energy Evaluation. Moreover, this Report has been designed to satisfy the Energy Audit requirements of New York City Local Law 87.

Building Information

627 Broadway, also called the NoHo building, was constructed in 1894 and has ten stories above grade and two below grade levels. The building is located in the West Village and has approximately 19 commercial units and retail space. The occupancy is 250 people and the building is operational Monday to Friday from 8 to 5. The tenants have their own meters located on the floors and maintain their own air conditioning units. The base building is responsible for a gas fired central steam boiler and its distribution system.

Assessment Highlights

  • For the past 12 months, the building used 10,357,689 kBtu of energy
  • The electric usage equated to $204,357
  • The building Energy Utilization Index (EUI) is 86.31 kBtu/Ft2
  • The target Energy Utilization as determined by portfolio manager is 64 kBtu/Ft2 which represents a 25% reduction in energy utilization
  • The national energy utilization index for office buildings is 212 kBtu/Ft2
  • The study came up with 10 Energy Efficiency Measures
  • A total of $35,180.00 independent energy efficiency measures were identified
  • The simple payback for all measures is under 5 years

Benefits & Savings

Date Completed: January 2013

Annual Energy and Cost Savings:

  • Demand Savings: 1496.11 kW
  • Electricity Savings: 41,255 kWh
  • Gas/Fuel Savings: 4,681.9 therms
  • Total Cost Savings: $35,180.47

IAG Featured Success Stories

View More Properties