Setting the standard for Zero Waste in New York City luxury real estate development
Bizzi & Partners Development, Aronov Development and Halpern Real Estate Ventures, the development partners behind luxury condominium 565 Broome SoHo, announced today a partnership with Think Zero, a consulting firm specializing in waste reduction and diversion planning and implementation. The partnership is a first between Think Zero and a luxury condominium, setting 565 Broome SoHo on track to become one of Manhattan’s first residential Zero Waste buildings, and a model that can be replicated citywide.
“The partnership with Think Zero is consistent with Bizzi & Partners Development and Renzo Piano Building Workshop’s approach to sustainability at 565 Broome SoHo, including the thoughtful selection of building materials, and a focus on energy efficiency to minimize the building’s impact on the environment. This is the future and we see this as staying ahead of the curve.” said Davide Bizzi, CEO of Bizzi & Partners Development.
Sarah Currie-Halpern is Founder and Partner of Think Zero, an industry leader in waste reduction consulting, as well as Chair of the Manhattan Solid Waste Advisory Board. Prior to Think Zero, Mrs. Currie-Halpern spearheaded the Solid Waste and Zero Waste Programs for the Mayor’s Office of New York City where she was instrumental in the development and implementation of the Zero Waste Section ofOneNYC.
“Setting Zero Waste goals and implementing a Zero Waste program in a large luxury building involves a lot of upfront work and the cooperation of all stakeholders in the building, but the benefits are huge,” said Sarah Currie-Halpern. The building has an opportunity to give back to the local community by being a better neighbor (little to no bags at the curb) and to save money by cutting down on the materials they would have otherwise purchased (for example by switching to water bottle refillers in all amenity spaces and not offering plastic water bottles), all while reducing its environmental footprint. “We look forward to helping 565 Broome SoHo become one of the first Zero Waste residential buildings in Manhattan and rolling out our model to the broader real estate community in the near future.”
The U.S. Zero Waste Business Council (USZWBC) defines Zero Waste as, “achieving over 90% diversion of waste from landfills, incinerators and the environment.” The building’s goal is to reach 90% diversion of waste from landfill and incineration by the anniversary of its first year open. 565 Broome SoHo aims to achieve 90% diversion with Think Zero’s guidance on implementing waste reduction, recycling, and donation programs, Zero Waste amenities, and the establishment of a conscientious culture of creating less waste. Think Zero hopes to work closely with the building’s staff and future occupants to create and implement a process to track waste, enabling 565 Broome SoHo to pursue the first Zero Waste residential building facility certification in Manhattan.
Renzo Piano Building Workshop’s design of 565 Broome SoHo is already pushing the limits of building technology to redefine modern luxury residential living in Manhattan. The exterior is a fully unitized aluminum curtain wall system with low iron insulated glass that is both beautiful and functional, providing UV protection as well as enhancing the building’s energy efficiency. The sweeping lobby features a soaring atrium with a living wall of hanging gardens. 565 Broome SoHo’s commitment to Zero Waste will contribute to New York City’s efforts to send zero waste to landfills by 2030.
For more information, visit www.565BroomeSoho.com
About Bizzi & Partners Development
Bizzi & Partners Development is a global real estate firm with offices in Milan, New York, São Paulo, and Tallinn. Founded by Divide Bizzi in 2000, the firm’s expansive portfolio of residential and commercial properties spans throughout Europe and the Americas with a focus on bringing market-leading, design-driven development into emerging and established locations. Bizzi’s senior management team brings over a century of combined multidisciplinary experience to every facet of development, from design and architecture to finance and construction. The firm’s current projects include an 88-story tower at 125 Greenwich Street in Downtown Manhattan as well as further collaborations with Renzo Piano on Eighty-Seven Park in Miami Beach, and Melanoses: a 10 million square foot mixed-use project in Milan. Previous New York projects include the distinguished 400 Fifth Avenue and the luxury condo conversion at 101 Leonard Street in Tribeca.
Aronov Development was established by real estate developer Boris Aronov. The firm has a combined and proven experience of over 20 years in strategic land assemblies, zoning and planning initiatives, development and asset management across a range of sectors. The company’s principals have a comprehensive understanding of the New York and various global real estate markets, ensuring a rapid and accurate appraisal of properties. Aronov Development has access to substantial sources of equity from both corporate and private funding, which is not otherwise available to other developers. Recent New York projects include a 147,000-square-foot luxury residential co-development at 101 Leonard Street.
About Halpern Real Estate Ventures
Halpern Real Estate Ventures is an established boutique real estate investment and operating platform led by a seasoned team of professionals with experience as owners, investors, and capital markets professionals. With an entrepreneurial platform that has sponsor investor and development expertise, Halpern Real Estate Ventures has a proven track record of creating value for investors, partners, and the communities in which they do business. Focused on opportunistic equity and structured investments across multiple asset classes, Halpern Real Estate Ventures has a presence in key markets, including the New York City Metro Area. HREV is a sponsor of multiple ground up developments including mixed-use and residential projects which are nearing completion or currently in development.
About Think Zero
Think Zero is a consulting firm specializing in helping buildings owners and corporate facilities with their waste reduction and diversion planning and implementation. We take a comprehensive approach to waste reduction which looks up and down the supply chain, both at the procurement of goods and how these goods are used and disposed by the company, and in turn finding opportunities to reduce, reuse and divert materials; all while saving money by reducing costs. We work with companies to ensure they are meeting or exceeding all local commercial waste-related laws. Visit www.thinkzero.com for more information.