Congratulations to Benenson’s Continuing Commitment to Sustainable Design!
On February 14, 2012 an announcement was made by Richard A. Kessler, Chief Operating Officer of Benenson Capital Partners LLC. They are one of the nation’s oldest privately-held real estate investment and development companies. The announcement was made at their five acre campus located at 1600 Summer Street, in Stamford, CT. The highlight of the announcement was the installation of their state-of-the-art rooftop solar energy equipment and paneling at the six-story, 260,000-square-foot, technologically-advanced property.
Benenson commissioned energy leader Elliot Isban of American Solar and Alternative Power, to oversee the project at 1600 Summer Street. The site is one of Stamford’s premium office properties, which is currently leased to GE Asset Management, Philips Electronics, North American Corporation and Aon Corporation.
“Over the years, we have transformed the property at 1600 Summer Street to meet the needs of the most innovative and successful businesses,” said Mr. Kessler. “From the newly designed lobby and Euro Café to the Wi-Fi connected public areas and the fully equipped conference center. Every effort has gone into fostering creative interactions. Providing an efficient energy source for the building was a natural next step, which reflects the Benenson tradition of caring for our communities and standing at the forefront of innovative fossil fuel-free environmental technology progresses.”
The building at 1600 Summer Street is one of only a handful of properties in Stamford to boast rooftop solar panels,while it reflects Benenson’s long-term commitment to supporting environmentally sensitive projects, which benefit not only the building’s tenants but also the larger community.
American Solar and Alternative Power, which has been in the energy conservation business for 25 years. They provided Benenson with an integrated offering of solar solutions, with the ultimate goal of maximizing the potential of the solar array to reduce the property’s reliance on non-renewable resources.
The positive environmental impact of the solar project is extensive, including a reduction in carbon dioxide emissions to the tune of 113,147 pounds per year. Also noted, are reductions in sulfur dioxide (479 pounds per year) and nitrous oxide emissions (189 pounds per year). These savings are equivalent to a passenger car reducing its annual mileage by 139,808. The building features premier Sun Power solar panels, which are the most efficient in the nation, which features a system that tracks the solar power produced and the consequent benefits to the environment.
“Benenson Capital Partners is part of a very elite group of companies that have had the foresight to take such a bold step forward toward sustainability,” said Mr. Isban, CEO of ASAP. “The commitment that the firm has made to utilize solar energy offers tenants yet another example of Benenson’s pledge to consistently provide a best-in-class work environment.”
The Benenson group of companies is still owned and controlled by the Benenson family, and it dates back to 1905 . Benenson Capital Partners, is a leader among privately held operating companies in real estate investment, development and asset management. BCP manages 150 properties, including retail, office, industrial, multifamily, hospitality and land throughout the United States, Canada and Europe on behalf of the Benenson group of companies. The company focuses on core, value-add, and opportunistic investments across all major property sectors, as well as its historic leadership in the ownership of single-tenant triple-net leased properties occupied by major corporate tenants.
American Solar and Alternative Power was founded in 1988. They provide a range of commercial solar energy solutions for a a variety of companies. ASAP has also built its success through trusted, long-term partnerships,while working with the best renewable industry professional organizations. Through strong business partnerships, they are able to offer their clients the best solutions and support in today’s market and meet a reasonable budget. Together they are working toward better and greener tomorrows for everyone.