(Mayor Bloomberg hosted an event to congratulate Taconic Investment Partners and Clarion Partners on conversion to natural gas at Eastchester Heights.- Photo by Jill Lotenberg)
BRONX, NEW YORK, July 24- Mayor Michael Bloomberg recently hosted an event to congratulate Taconic Investment Partners and Clarion Partners on their conversion from #6 heating oil to natural gas at Eastchester Heights, a 1400-unit rent-stabilized development that was one of the city’s top 10 users of heavy oil.
The conversion will reduce carbon emissions at the property by nearly 60 percent while lowering energy costs by at least 25 percent. The changeover also enables Eastchester Heights to opt out of its Title V air permit and makes it eligible for emission reduction credits.
At the event, Mayor Bloomberg also announced more than $100 million in financing and other new resources to help city buildings convert to cleaner fuels. The financing and assistance results from innovative partnerships between leading banks, energy providers and environmental groups, and are a part of the NYC Clean Heat program the Mayor launched in 2011 to help buildings meet cleaner fuel requirements.