Responsible Development and Investment Strategy

Rockefeller Group develops real estate projects in multiple asset classes throughout various regions of the United States . We believe that commercial real estate development can benefit both the environment and the communities in which we work, and that strong ESG efforts can enhance marketability and the overall value of our investments . In recognition of our commitment to ESG and in response to an ever-increasing movement to mitigate negative impacts on the environment, we design, construct and operate our buildings to achieve sustainable outcomes, optimize conditions for occupants and reduce net operating expenses . Our developments factor in environmental principles and often seek to satisfy industry measurement standards such as the U .S . Green Building Council’s Leadership in Energy & Environmental Design (LEED) framework .

We employ a due diligence checklist for all prospective development projects . The checklist examines topics across five key areas: Existing Site Conditions (topography, drainage, etc .), Environmental (site remediation, soil/groundwater contamination, natural resources, water resources, threatened and endangered species, among others), Geotechnical (soil characteristics, infiltration, etc .), Zoning/Land Use, and Legal (due diligence studies) . We employ responsible development strategies in our projects including design enhancements such as active circulation (which includes aesthetic elements for hallways and stairs); the inclusion of on-site amenties such as outdoor restorative spaces, water features and walking paths; and stormwater on-site capture and retention to replace outdoor potable water usage .

SPOTLIGHT: CHARTER MEMBERS OF FEDERAL ENERGY STAR BUILDINGS

Rockefeller Group’s New York City office buildings, 1221 and 1271 Avenue of the Americas, were selected in 1998 to become the first Energy Star Buildings recognized by the federal government for having achieved energy efficiency levels in the top 25% of all commercial buildings . As part of their broad drive to cut greenhouse gas emissions, the Energy Department and the Environmental Protection Agency launched the Energy Star building program to provide incentives for improved efficiency and to recognize the country’s top performers . “If all commercial buildings in the U .S . participated in the Energy Star program,” President Clinton said at the time, “we would save $25 billion a year and achieve over 10% of the carbon dioxide reduction needed” to keep the promises made in the Kyoto Protocol of 1997 .

1271 AVENUE OF THE AMERICAS New York, NY