VRF Solutions Launches New Technology Energy Revitalization and
Retrofit of Gramercy Park Co-Op
NEW YORK VRF Solutions LLC has completed an all-inclusive energy retrofit of 240 East 24th Street, a 35 unit pre-war cooperative building in the Gramercy Park neighborhood. The co-operative shareholders chose VRF Solutions because of its long track-record in analyzing, designing, and building electrically driven, sustainable systems that are cost-effective, carbon free and resilient.
The energy scope of work for the 5 story building will include the installation of high-performance electrical systems, such as individual electric heat pumps providing heating and cooling directly by the unit owners. New Electrical service into the building and new electric panels in each apartment with a new stove plug. The program will bring this 1938 building up to the highest energy efficiency standards available in the market today.
“The shareholders of this cooperative building chose VRF to bring their homes into the 21st century by creating a sustainable infrastructure that literally replaces systems approaching the 85 year mark,” said Tom Esposito, President, VRF Solutions. “We are removing the old boiler, hot water system and inefficient radiators, and creating substantial energy savings for the shareholders, in addition to providing major indoor comfort improvements.”
Along with Mr. Esposito, the VRF Solutions team leading the project includes Paul Singh, Director of Engineering and Howard Schlesinger, AIA, Vice President. The work will also include new highly efficient induction stoves, replacing carbon emitting decades-old gas ovens.
Mr. Esposito added, “This retrofit will provide shareholders with an estimated 60 per cent savings over current energy costs, in addition to carbon penalty savings, that will be faced by thousands of New York City multifamily buildings in the near future.”
“We are very proud to be providing the entire scope of design-build services to the shareholders of this Gramercy Park co-op. Through our consulting services we have ‘value engineered’ the entire retrofit process and a clean carbon free future environment for all the residents,” stated Mr. Schlesinger.
The project is expected to be completed by the fall, 2023.