Hines Interests is a world-recognized leader in energy management and efficiency. The company, which serves as the property manager for several Morgan Stanley facilities in the New York City area, has been honored as an ENERGY STAR® Partner of the Year several times.
For the past five years, three Morgan Stanley properties supported by Hines Interests, have actively participated in energy efficiency programs offered by the New York State Energy Research and Development Authority (NYSERDA), including the comprehensive building performance program.
Through retro-commissioning activities, Hines and Morgan Stanley improved efficiencies in lighting, HVAC systems, boiler units and water systems. As a result, the Morgan Stanley properties are experiencing a 12 percent reduction in annual energy usage for an annual savings of $1.5 million.