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Brookfield contracts with Genergy. (Technology Update).


New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 firm Genergy, Inc. has contracted with Brookfield Financial Properties, a subsidiary of Brookfield Properties Corp., Lower Manhattan's largest landlord, to perform power grid identification and load management profile services--with profile updates available online on a per minute basis--for its key metropolitan facilities over the course of a five-year contract.

These two services are components of the unique Internet-based system known as gEnergyOne[TM], developed exclusively by Genergy and implemented in several of the city's top facilities.

Among the Brookfield-owned sites recently fitted with this proprietary energy management and analysis system are 245 Park Ave., One World Financial Center and One Liberty Plaza One Liberty Plaza is a skyscraper in lower Manhattan, New York, which resides at the location of the former Singer Building (in 1968, the second tallest building to be demolished). One Liberty Plaza is currently owned and operated by Brookfield Properties. .

The gEnergyOne[TM] system provides real time statistics and projections of energy usage, and is instantly accessible from both building managers' and tenants' desktop computers.

"The benefits of installing gEnergyOne[TM] are many," says Davide Gristina, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Genergy. "Among the most meaningful we've found is that by equipping building personnel and tenants with the ability to track usage and efficiency, customers are enabled to develop more effective long-term energy management strategies. That is not only beneficial for the bottom line, but for the building's overall environmental impact on the City as well."

Another advantage of the installation arises if one of the outfitted buildings is asked by the NYISO NYISO New York Independent System Operator (operator of the New York electric power grid)  (the state organization governing New York's bulk electricity system) to make cutbacks in usage, as gEnergyOne[TM] helps isolate where and how those cutbacks can be made most effectively.

Since its inception in the mid-1980's as a niche engineering consulting firm, Genergy has evolved into a full-service energy management and information services See Information Systems.  company offering property owners/managers, manufacturers, utilities, universities and hospitals comprehensive service packages critical to the profitable and efficient management of energy operations. In addition to Brookfield Financial Properties, prominent clients include Fordham University, Atco Properties, Trizec Office Properties, Vornado Realty Trust Vornado Realty Trust (NYSE: VNO) is a New York based real estate investment trust. It is the inheritor of real estate formerly controlled by companies including Two Guys and Alexander's. , Reckson Associates, Children's Hospital of Boston, Mack-Cali and Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. .
COPYRIGHT 2003 Hagedorn Publication
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Geographic Code:1CANA
Date:Jul 30, 2003
Words:319
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