Nuveen Real Estate, the building owner, and Taconic Partners, its development adviser, have invested $120 million in repositioning 730 Third Avenue, a 665,000-square-foot, 27-story office tower located between East 45th and 46th streets near Grand Central Station in the Midtown East neighborhood of Manhattan.
Over 1,100 new smart windows by View have been installed in the entire building, which will help ownership achieve the energy reductions required to meet New York’s Local Law 97, which seeks to reduce building-based emissions by 40 percent over the next decade and will impact more than 57,000 buildings across the city. The smart windows will also help the building to maintain its LEED Gold Certification.
“Sustainability and green development are vital components of our building designs, and we’re reducing energy consumption at 730 Third Avenue to mitigate the effects of climate change,” said Nadir Settles, managing director, New York regional head, office,
