Greystone Develops $3M – $7M Green Condos in New York’s Carnegie Hill Neighborhood

By Lisa Iannucci, Green Building CorrespondentNew York–Manhattan’s Carnegie Hill neighborhood — known for its mansions and townhouses — will soon be a little greener with nine three- and four-bedroom green condominiums now in construction. Developed by New York-based Greystone Property Development and designed by Barry Rice Architects, the homes will include recycled, local and sustainable materials, a geothermal well that will feed the primary heating and cooling system; and collected rainwater to irrigate the private bi-level garden.“At Greystone, we are committed to developing buildings that are innovative and eco-conscious,” says Jeffrey Simpson of Greystone Property Development. “Geothermal heat pumps allow for more functional space in the building, less noise for neighbors and most importantly, lower energy costs for residents. Green is golden as far as we’re concerned.”Green is golden, but it does come with a slightly higher price tag. Although Greystone wouldn’t comment on the cost and financing of the project, they do admit that green features are increasing development costs. However, this isn’t stopping them from applying for Leadership in Energy and Environmental Design (LEED) certification through the U.S. Green Building Council, or from publicizing this during their sales presentations. Richard Steinberg of Warburg Realty, sales director for the project, emphasizes the environmentally-conscious nature of the building as well as its energy efficiency, which Greystone says, “is a big plus for buyers.”Other eco-friendly features that will help with certification include energy-efficient insulation, ENERGY STAR appliances and water-saving fixtures throughout the building, mechanical and electrical codes that exceed standards and low emissions paint, solvents, carpet, caulking and window glass. Residents at 180 East 93rd St. will also appreciate the latest in home automation with cutting-edge technology for customized environmental control. From just one integrated interface, owners can adjust climate, multi-room audio, multi-media entertainment, surveillance, security and lighting.Each home also features water-saving Dornbracht fittings, oversized showers, soaking tubs, and double-sink vanities. Amenities include doorman service, a children’s playroom, temperature controlled wine storage, outdoor space and a fitness facility. The units are now available and cost between $3 million and $7 million.