New York Governor Andrew Cuomo has announced an award of $13m to 14 projects in the second round of the Buildings of Excellence competition, which was launched in 2019.
The award recognises the design, construction and operation of carbon neutral or low-carbon multi-family buildings. The winners include various small, large, and community not-for-profit developers.
Go deeper with GlobalData
Highlights of the awarded projects include affordable housing, first all-electric skyscraper, predictable utility costs, carbon neutral performance, and cost compression and increased resiliency.
A $40m competition, the Buildings of Excellence has awarded grants for the construction of more than 36 ultramodern new constructions and renovations, including more than 4,200 units for low- to moderate-income households.
The competition favours Governor Cuomo’s climate and clean energy goals, including the reduction of greenhouse gas emissions by 85% in the next three decades.
See Also:
Governor Cuomo stated: “New York has shown that it can successfully construct low or zero carbon emitting buildings to combat the existential threat of climate change, and the Buildings of Excellence competition puts the state’s money where its mouth is.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe 14 projects receiving awards will help us provide good-quality, comfortable, healthy and affordable housing for our most vulnerable residents while providing a blueprint for building owners to shrink their carbon footprints. New York has set nation-leading goals to reduce carbon emissions and protect the environment, and this competition adds to our state’s ongoing efforts on all fronts to achieve that.”
Celebrating the achievements at a virtual awards ceremony, Lieutenant Governor Kathy Hochul said: “Our innovative Buildings of Excellence competition is yet another way New York is taking bold action against the threat of climate change. Not only do these forward-thinking designs set the standard for carbon neutrality, they directly serve our most vulnerable populations. This is how we create a cleaner, greener and more inclusive post-pandemic future for New Yorkers.”
Highlights of the awarded projects include affordable housing, first all-electric skyscraper, predictable utility costs, carbon neutral performance, and cost compression and increased resiliency.
The only one of its kind in the US, this competition offers financial incentives and recognition for the design, construction, and operation of low- or zero-carbon emitting, durable buildings.
The competition is managed by the New York State Energy Research and Development Authority.
The Architectural League of New York recognised five of the awarded projects with a ‘Blue Ribbon for Design Excellence’ with respect to function, aesthetics, and sustainability, apart from proving to the world that carbon neutral designs can exhibit beauty, function and esteemed connection to their community.
NYSERDA President and CEO Doreen M. Harris said: “Addressing harmful carbon emission in our building sector is a cornerstone of Governor Cuomo’s nation-leading climate plan and these winning projects demonstrate tremendous progress in low-carbon building design that sets a new standard for environmentally-friendly construction and operation. Working with our industry partners to develop turn key low-carbon solutions and designs moves us one step closer to achieving the State’s clean energy goals and we congratulate all of today’s winners for their exemplary proposals.”
As buildings form one of the largest sources of greenhouse gas emissions in New York, NYSERDA and other utility programmes have invested over $6.8bn to decarbonise buildings across the State.
The State Clean Energy Fund sponsors the programme and is part of NYSERDA’s investment, worth over $165m, in new construction and gut-renovation projects in the multi-family building sector.
A $40m competition, the Buildings of Excellence has provided awards for the construction of over three dozen state-of-the-art new construction and gut-renovation projects. Credit: Tobias Zils/Unsplash.
