Developers Preserve Key NYC Portfolio

NEWS

As part of the rehabilitation, 197 kilowatts-DC of solar capacity was installed across several buildings.

The 21 buildings that make up the Ascendant Heritage Apartments have been an important source of housing in New York City’s East Harlem neighborhood since the early 20th century. However, after years of use, the properties required renovations to make them more functional, sustainable, and resilient.

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The scope of work included installing new roofs and windows; renovating kitchens and bathrooms, and upgrading building systems. As part of the rehabilitation, the team also installed 197 kilowatts-DC of solar capacity across four of the largest buildings in the rehab project, which will offset common area electricity usage in those buildings and several others in the portfolio. As a result, AND will be able to direct the savings to other uses. The solar array was designed and installed by Bright Power.

Read the full article on Affordable Housing Finance’s website.