Castellan Real Estate Partners's profile

Community Partner Promotes Energy-Efficient Homes in NY

A leader in improving the energy-efficiency of the properties it acquires, vertically integrated Castellan Real Estate Partners has successfully transformed, managed, and sold numerous New York City multi-family buildings in historic neighborhoods. With some $750 million in equity and debt-related transactions since 2009, the company has established a record of returning substantial gains to its investors, often reselling its properties for two or three times what it originally paid for them. Castellan Real Estate Partners also prides itself on its ongoing positive relationships with local development, regulatory, and preservation organizations.

Among these vital partners is the Community Environmental Center in Brooklyn, which has worked successfully with the real estate developer to realize grant monies for numerous weatherization projects. When property owners weatherize their buildings, they typically experience significant cost savings, as well as enhance their tenants’ quality of life and help the community to reduce its environmental impact on its citizens.

The Community Environmental Center works to provide public education on environmental topics and to promote practices that address the effects of climate change at the local level. In particular, the organization strives to mitigate the problems existing in lower-income neighborhoods, whose buildings often feature substandard energy infrastructure.

For nearly a quarter of a century, the center has worked to empower individuals and communities to make practical improvements in their own living spaces that ultimately benefit the entire global ecosystem.
Community Partner Promotes Energy-Efficient Homes in NY
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Community Partner Promotes Energy-Efficient Homes in NY

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