The Durst Organization repositions landmark Manhattan building by installing View Smart Windows
May 26 2021 - 7:30AM
The Durst Organization today announced it has installed smart
windows from View, Inc. (Nasdaq: VIEW) (“View”) at 825 Third
Avenue, its newly-renovated, 530,000-square-foot, 40-story office
tower in New York City. 825 Third Avenue will be the first office
building in New York City to use smart windows that also
incorporate View Immersive Experience, a solution that transforms
smart windows into transparent, digital screens to enable truly
immersive communications, content sharing, and user interactions.
Learn more at:
https://view.com/product/view-immersive-experienceSmart windows
transform the tenant experience by providing more natural light and
views, improve human health, and also reduce energy consumption by
blocking heat and glare.
“The real estate industry is going through a transformation, and
825 Third Avenue showcases the future by providing better health
and wellness for the users, taking care of our planet, and creating
a transformative experiences for tenants," said Jonathan (Jody)
Durst, president of The Durst Organization. “With View, we are
reimagining the office experience by deploying smart windows that
not only provide more natural light and views but also turn into
high-definition, transparent, touch displays that enable
collaboration through video conferences, digital whiteboards, and
entertainment reminiscent of what was once science fiction.”
“The Durst Organization has been a leader in sustainable
buildings for decades, long before legislators began discussing the
impact of climate change,” said Dr. Rao Mulpuri, Chairman and CEO
of View. “With 825 Third Avenue, Durst is again setting a new
standard for sustainable, healthy and connected buildings to usher
in a new era of real estate that’s all about the tenant
experience.”
View is the market leader in smart windows that use artificial
intelligence to automatically adjust in response to the sun,
increase access to natural light and views of the outdoors,
minimize heat and glare, and reduce energy consumption and
greenhouse gas (GHG) emissions. View is designed into 75 million
square feet of buildings including offices, hospitals, airports,
educational facilities, hotels and multi-family residences.
Research shows that employees working next to View Smart Windows
experience 50% reductions in eyestrain and headaches, improve their
sleep by over 30 minutes per night and improve their cognitive
function by 42 percent. These findings are particularly important
today as companies focus on employee health and wellness, and
re-entering the workplace with confidence. Research also shows that
buildings designed to increase access to natural light yield 5% -
6% higher rents.
The Durst Organization is targeting LEED Gold certification for
825 Third Avenue and View Smart Windows can capture points in up to
seven LEED categories.
About ViewView is a technology company and the
market leader in smart windows. View Smart Windows use artificial
intelligence to automatically adjust in response to the sun and
increase access to natural light, to improve people’s health and
experience in buildings, while simultaneously reducing energy
consumption to mitigate the effects of climate change. Every View
installation also includes a smart building platform that consists
of power, network, and communication infrastructure. For more
information, please visit: www.view.com
About the Durst OrganizationThe Durst
Organization, founded in 1915 by Joseph Durst, is the owner,
manager, and builder of 13 million square feet of premiere
Manhattan office towers and over three million square feet of
residential rental properties with 2,500 rental residences built,
and over 3,500 rental residences in the pipeline. The Durst
Organization is recognized as a world leader in the development of
high-performance and environmentally advanced commercial and
residential buildings where people live, work and thrive. For more
information, please visit www.durst.org
Contacts:
For
Investors: IR@View.comSamuel Meehan408-493-1358
For Media: Tom Nolan,
Great Inktom@greatink.com908-392-0333
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/666f117a-b25c-4b42-bfb5-1fb0d651aaf2
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