LendLease Secures $4M NYSERDA Grant for 1 Java Street in Greenpoint, Brooklyn

1 Java Street. Designed by Marvel Architects.

The New York State Energy Research and Development Authority (NYSERDA) has awarded LendLease a $4 million grant to complete 1 Java Street, a high-rise residential complex in Greenpoint, Brooklyn that will debut as the largest residential project in New York State to use a geothermal heat exchange system.

The development site occupies a 2.6-acre parcel and will eventually comprise five interconnected buildings. Designed by Marvel Architects, this will include a 37-story and 20-story tower with 834 rental units.

“Community thermal networks are an important step in scaling building electrification and helping more residents benefit from clean energy infrastructure that can lead to long-term energy savings,” said Donovan Gordon, NYSERDA director of clean heating and cooling. “Our support for this innovative project using the latest in clean heating and cooling technology will help us meet New York State’s climate and clean energy goals while reducing emissions in Brooklyn.”

The geothermal system will reduce annual carbon emissions from heating and cooling by 53 percent compared to comparable mechanical systems found in typical residential developments. The tower will also be fully electric, with no reliance on natural gas to generate energy, and is expected to achieve LEED Gold certification.

Together, these systems will ensure compliance with New York City Local Law 97, the central component of the Climate Mobilization Act. This bundle of laws aims to drastically reduce the carbon emissions produced by the city’s largest buildings by 40 percent by 2030 and 80 percent by 2050.

“1 Java Street presents us with the opportunity to establish a pioneering model for geothermal energy, aligning with New York’s ambitious climate goals, as well as our global targets of absolute zero carbon by 2040,” said Scott Walsh, development director and vice president for Lendlease. “Our decision to use geothermal was driven not only by the environmental benefits and cost savings, but also enhanced marketability upon completion.”

The building is on track to debut by 2025.

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