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Bloomberg LP used the Tenant Energy Optimization process to determine that energy performance measures such as high-efficiency lighting and computer power management software would offer valuable benefits in its New York City office space. Through reduced energy costs, it will take Bloomberg only 2.5 years to earn a payback on those energy performance investments.
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Coty, a global leader in beauty products, used the process during the design and construction of its tenant space in the Empire State Building. With incremental costs of only $0.71 per square foot, Coty will earn a 328% return on investment (ROI) on the energy efficiency measures identified through the process.
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Despite its small amount of leased space (6,000 square feet) in the One World Trade Center building in New York City, Cushman & Wakefield achieved the highest energy reduction of all ten pilot projects (47.5%) and will save nearly $90,000 over its ten-year lease.
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Through reduced energy costs, Estée Lauder will earn a payback on its energy performance investments, including daylight harvesting controls and efficient equipment, in only 3.7 years.
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Global Brands Group, a worldwide leader in global retail and apparel, implemented the process on three floors of its Empire State Building office, representing over 137,000 square feet. The company will save more than $400,000 over its 15-year lease.
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By installing high-efficiency lighting and plug load controls, LinkedIn has reduced its energy consumption by over 30% at its Empire State Building office space in New York City.
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NYSERDA implemented this process in its own office to showcase the value of incorporating energy efficiency into design and construction. In doing so, the agency identified measures to reduce its energy consumption by nearly 40%.
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At the recommendation of its building owner, Brandywine Realty Trust, Reed Smith implemented the Tenant Energy Optimization process in its Philadelphia office space. The leading international law firm will earn a 410% return on investment (ROI) over the life of its 16-year lease.
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By using the process, Shutterstock identified measures that will save nearly $370,000 in energy costs over the course of its 11-year lease in the Empire State Building.
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Over the life of its 11-year lease, TPG Architecture will earn a return on investment (ROI) of 162% and reduce energy consumption more than 20% by implementing lighting and plug load control measures identified through the process.
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