The Empire state building is a very famous place and major landmark in the city of New York. This landmark place is going to create history by probably being the first place or building that will be green! The environmental retrofit, as the project is known, is aimed at mainly decreasing the energy expenditure of the building. The Empire state building is being renovated and changes are being made to give a new look to the building. The cost of this project is $500 million.
Though such a huge amount is being used to change the look of the building, a sum of about $20 million is being used to retrofit the building and it is hoped that it will cause the building to go green. This expenditure is being made to save a lot of energy from going to waste. In fact, it is hoped that over 38 percent of energy will be saved each year.
It is hoped that the expenses that are used to refit the building will not only cause reduced expenses in the energy consumption, but will also help many new clients to occupy the building because of the fact that the building will be according to various environmental standards. This will also cause increased revenues because the people who will occupy the empire state building will also be willing to pay more rent for the property.
It is said that this building will be an example as to how a big building could save a lot of energy. The retrofit will also help to reduce the carbon footprint by reducing the effects of global warming. It is also hoped that many other such big buildings will start saving energy by going green. The energy consumption can usually be reduced by using energy efficient elevators and also energy efficient heating and lighting systems.