Recapitalization to achieve carbon neutral affordable housing
Located in Yonkers, NY, Whitney Young Manor, is a notable affordable housing complex with 195 apartments across 234,000 square feet and 12 stories. Built in 1974, the housing complex is now undergoing a $22 million makeover focusing heavily on decarbonization upgrades. This renovation aims to modernize the buildings by improving insulation and introducing a new heating and cooling system that’s energy efficient. These changes are expected to lower the buildings’ carbon footprint, enhance living conditions, and reduce energy costs. The developer, Paths Development LLC, is leveraging the recapitalization cycle of the property to upgrade its infrastructure and include decarbonization measures to meet its climate goals.
Project Status
Planning
Under Construction
Monitoring & Evaluation
Project Highlights
Step 1
Step 1: Examine Current Conditions
A baseline assessment is key to understanding current systems and performance, then identifying conditions, requirements or events that will trigger a decarbonization effort. The assessment looks across technical systems, asset strategy and sectoral factors.
Building System Conditions
- Equipment nearing end-of-life
- New heat source potential
- Comfort improvements
- Indoor air quality improvements
- Facade maintenance
- Resilience upgrades
- Efficiency improvements
Asset Conditions
- Recapitalization
- Carbon emissions limits
- Owner sustainability goals
Market Conditions
- Technology improves
- Utility prices change
- Fuels phase out
Step 2
Step 2: Design Resource Efficient Solutions
Effective engineering integrates measures for reducing energy load, recovering wasted heat, and moving towards partial or full electrification. This increases operational efficiencies, optimizes energy peaks, and avoids oversized heating systems, thus alleviating space constraints and minimizing the cost of retrofits to decarbonize the building over time.
Existing Conditions
This diagram illustrates the building prior to the initiation of Strategic Decarbonization planning by the owners and their teams.
Click through the measures under “Building After” to understand the components of the building’s energy transition.
Sequence of Measures
2024
2025
Building System Affected
- heating
- cooling
- ventilation
Step 3
Step 3: Build the Business Case
Making a business case for strategic decarbonization requires thinking beyond a traditional energy audit approach or simple payback analysis. It assesses business-as-usual costs and risks against the costs and added value of phased decarbonization investments in the long-term.
Strategic Decarbonization Action Plan
An emissions decarbonization roadmap helps building owners visualize their future emissions reductions by outlining the CO2 reductions from selected energy conservation measures. This roadmap is designed with a phased approach, considering a 20- or 30-year timeline, and incorporates the evolving benefits of grid decarbonization, ensuring a comprehensive view of long-term environmental impact.