The Octagon

Location

888 Main Street
Roosevelt Island
New York, NY
http://www.octagonNYC.com

Program

500 apartments, daycare center, exhibition gallery, public ecological park, tennis courts, below-grade parking.

Construction Cost

$100 Million

Funded By

Conventional financing, Historic Tax Credit and New York State Green Building Tax Credit Equity.

Status

Fully leased by Fall 2006.

Role of Becker + Becker

Developer, architect and planner.

Unique Aspects of the Project

Historic rehabilitation of landmark Octagon Tower with construction of residential wings and development of two-acre park. Views of both channels of the East River and Manhattan skyline.

Sustainable Design Features

A variety of high performancy mechanical systems and materials, including a 50kw array of solar panels, enables the building to use 35% less energy than a conventional building.  The project uses 10% recycled materials, 20% local materials (produced or constructed within 500 miles), and at least 50% of construction materials are recycled.  In addition, the building meets strict indoor air quality standards.  The Octagon received the largest initial award of New York State Green Building Tax Credits and was recognized in the first New York City Green Buildings Competition with the "Green Apple Award" for leadership in applying sustainable design principles to residential development. 

Awards + Honors

Lucy Moses Preservation Award from The New York Landmarks Conservancy; Green Apple Award; Open House New York 2006; Presrvation Grant from New York State Office for Historic Presrvation.