CRE HOLDINGS SUB 1 L

How does CRE HOLDINGS SUB 1 L compare with other hotel buildings in New York City?

The latest disclosures cover 970 hotel buildings in New York City, out of 48,310 buildings citywide. CRE HOLDINGS SUB 1 L's ENERGY STAR score of 85 compares with an average of 50 across the 853 that report a score; it scores higher than 85% of them and lower than 15%. Its site EUI of 43.9 kBtu/ft² is about half of the average of 94.3 kBtu/ft² — it uses less energy per square foot than the typical building in that group. Its emissions intensity of 4.8 kgCO₂e/ft² is about 38% below the group average of 7.8 kgCO₂e/ft².

At 143,731 sq ft, it is roughly in line with the average floor area of 137,256 sq ft for those buildings. It was built in 2008, 33 years later than the group's average year built (1975). Across all 24 jurisdictions BuildingCensus covers, the 3,812 hotel buildings average an ENERGY STAR score of 65 and a site EUI of 77.8 kBtu/ft².

How has CRE HOLDINGS SUB 1 L's energy performance changed over time?

BuildingCensus holds 2 New York City disclosures for CRE HOLDINGS SUB 1 L, covering report years 2022–2023. Its ENERGY STAR score went from 83 in 2022 to 85 in 2023 (+2 points). Site EUI moved from 46.8 kBtu/ft² (2022) to 43.9 kBtu/ft² (2023), a 6% decrease. Reported emissions went from 538 tCO₂e to 649 tCO₂e over the same span (up 21%).

What does an ENERGY STAR score of 85 mean?

ENERGY STAR scores run from 1 to 100 and are computed by the EPA's Portfolio Manager as a percentile against similar buildings nationwide, adjusted for climate, size and use: a score of 85 means the building performs better than about 85% of its national peers. BuildingCensus bands the score into report-card grades; 85 falls in band A — high performer (85–100). Scores of 75 or higher meet the threshold for ENERGY STAR certification; certification itself is a separate, verified application that the disclosure does not record. In New York City, 43% of scored buildings are at 75 or above.

Site energy-use intensity (EUI) is the energy a building uses on site in a year divided by its floor area, in thousand Btu per square foot — lower is more efficient. CRE HOLDINGS SUB 1 L's 43.9 kBtu/ft² across 143,731 sq ft works out to about 6.3 billion Btu (1,849 MWh-equivalent) in 2023. Its source EUI of 122.5 kBtu/ft² also counts the energy lost generating and delivering that power, which is why it is higher. The disclosure also reports 1,743,005 kWh of electricity, 393 therms of natural gas and 82 thousand gallons of water for the year.

Which law requires CRE HOLDINGS SUB 1 L to report its energy use?

CRE HOLDINGS SUB 1 L reports under Local Law 84 (LL84), the legal basis of New York City's Energy and Water Data Disclosure program, which publishes each covered building's annual benchmarking results. The record shown here is the report-year 2023 disclosure (source record nyc:27577934:2023). Under Local Law 97, buildings over 25,000 sq ft face carbon caps with fines of $268 per metric ton of CO₂e over the limit, phasing in from 2024.