Norway’s Crown Prince visits 555 Greenwich


Norway’s Crown Prince Haakon visited the 555 Greenwich
construction site in Hudson Square this week as part of a U.S. tour by the
European monarch.

The high-performing office tower is being developed by Hudson
Square Properties – a joint venture of Hines, Trinity Church Wall Street and
Norges Bank Investment Management, a division of the central bank of Norway.

The skyscraper will be a benchmark for sustainable and
responsible development by exceeding New York City’s 2030 climate targets for
office buildings by over 45 percent while meeting NYS 2050 carbon neutral

Crown Prince Haakon visited the site as part of a four-day US tour focused on promoting Norwegian cultural and business interests, climate and energy issues.

L-R: Jan Christian Vestre (Norway’s Minister of Trade and Industry), Rachel Loeb (President & CEO of NYCEDC), Sujohn Sarkar  (Managing Director of Asset Management, Trinity Church Wall Street), Mie Holstad (Chief Real Assets Officer, Norges Bank Investment Management), Crown Prince Haakon of Norway, Tommy Craig (Senior Managing Director of Hines), at rooftop reception on 75 Varick St.

555 Greenwich will be a 16-story, 270,000 s/f office
building connected on nearly every floor with the adjacent 345 Hudson Street.
The project was designed by COOKFOX Architects will be one of the city’s most
sustainable buildings. It is being built with low-carbon emissive mechanical,
electrical, and plumbing systems, and below-grade geothermal piles. The
building will also be the first new office building to utilize its concrete
superstructure for thermal energy storage.

It is expected to achieve LEED Platinum-certification and is
an official partner of the NYSERDA Empire Building Challenge, a partnership of
private and public leaders in the climate change technology space aiming to
create a replicable model that permanently and drastically reduces carbon
emissions in the New York real estate sector.

“When we talk about reducing greenhouse gas emissions 85% by
2050, this is the type of investment we are talking about, we’re talking about
a transformation for the better for all New Yorkers and frankly, for the world,”
said Doreen Harris, president and CEO of the New York State Energy Research and
Development Authority (NYSERDA), during the Prince’s visit.

Tommy Craig, senior managing director of Hines, added, “Change
is something that is often overestimated in the near term, but underestimated
in the long term. Getting that right as we move forward from design to
construction is never easy and it is my belief that 555 Greenwich will prove we
have it right in terms of the long-term change.

“This is all thanks to the thinking that came out of our Hudson Square partnership team as well as our design and engineering professionals, all of which have been a vital force in every part of this project.”

Crown Prince Haakon and Mike Izzo (Vice President – Carbon Strategy, Hines) at 555 Greenwich presentation 
Sujohn Sarkar (Managing Director of Asset Management, Trinity Church) 

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