Tuesday, August 15, 2017

Castellan Collaborates with Agencies for Greener Buildings


Based in New York City, Castellan Real Estate Partners has acquired investments valued at approximately $750 million in debt and equity. The company has demonstrated success in purchasing multi-family residential buildings, installing considerable upgrades, and maintaining its properties by working closely with tenants. Castellan Real Estate Partners is also invested in the future and remains committed to planning green renovations throughout the properties in its portfolio. The firm has developed relationships with programs and agencies that have made environmental needs and energy efficiency part of New York’s new way of doing business. 

The Northern Manhattan Improvement Corporation, serving Inwood and Washington Heights, is one of several organizations whose weatherization services the firm has used to improve its investments. It has also worked with Brooklyn’s Community Environmental Center, which fights climate change locally, and the Harlem Community Development Corporation, which focuses on reinvigorating that historic neighborhood’s economy. In fact, the Harlem organization specifically chose to work with Castellan to install new solar energy panels on its building on West 141st Street, the first-ever HCDC partnership with a property owner.

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