View Inc. announced its smart windows will be installed at 111 Wall Street, a 25-story, 1.2 million-square-foot waterfront office tower in Manhattan’s Financial District, currently undergoing an extensive transformation by Nightingale Properties and Wafra Capital Partners.
The new smart windows will provide tenants with unobstructed views of the Manhattan and Brooklyn skylines, New York Harbor and the East River, while also reducing energy consumption at the property. In addition, the installation at 111 Wall Street will feature View Immersive Display, which allows tenants to transform their smart windows into transparent, high-definition displays for interactive remote collaboration, internet browsing and entertainment.
This is also the first property to receive funding through New York City’s recently launched C-PACE program, a financing structure that supports energy efficiency improvements. The C-PACE financing will help fund the building renovations and allow ownership to comply with the city’s new environmental regulations.
“We are focused on creating a safe and secure office space that will put employees returning to work at ease,” said Michael Gontar, CIO for Wafra Capital Partners. “With its numerous health and wellness benefits, incorporating View Smart Windows into the reimagined 111 Wall Street was an obvious choice.”
“The future of buildings is experiential, sustainable, healthy, and smart,” said Dr. Rao Mulpuri, chairman and CEO of View. “For every new building built, there are over 100 existing buildings and there is a tremendous opportunity to upgrade and reposition these buildings for the 21st century. View is excited to help Nightingale Properties and Wafra Capital Partners reposition 111 Wall Street.”
Additional renovations to the property include a new curtainwall, floor-to-ceiling windows, a renovated lobby, and other amenities. Studios Architecture is overseeing the redesign for 111 Wall Street and Hunter Roberts is managing the construction and renovation work.