View, Inc. (NASDAQ: VIEW), a specialist in smart building platforms and smart glass, on July 12 announced that its smart windows will be installed as part of new overbuild construction at 100 Pearl Street, a Class-A office tower in Lower Manhattan currently undergoing a top-to-bottom transformation by GFP Real Estate and Northwind Group.
100 Pearl Street, which encompasses a full city block on Hanover Square, is being renovated into a premier downtown New York City office asset with rare all-glass penthouses offering uninterrupted 360-degree views across the East River toward Brooklyn and south over New York Harbor to the Statue of Liberty.
The design of the double-height, 24-foot all-glass penthouses are made possible by the View Smart Windows technology, which uses artificial intelligence to tint automatically, optimizing natural light and views of the outdoors while minimizing heat and glare.
The View Smart Windows are designed to make buildings healthier, smarter, and more energy efficient -- "a critical differentiator in asset renovations which ultimately boosts the bottom line for both landlords and their tenants," as contended by the manufacturer.
According to a press announcement, as part of the 100 Pearl Street transformation, investment firm Fred Alger Management, LLC, is leasing out the 28th and 29th Floor penthouses. The move-in will mark Fred Alger Management’s return to downtown Manhattan after nearly 20 years.
“Our vision was to transform 100 Pearl Street into a statement piece on the busy Manhattan cityscape,” said Brian Steinwurtzel, co-CEO of GFP Real Estate. “Our tenants want exclusive amenities. They want their offices to adapt to their needs and enhance the mental and physical well-being of their employees. View’s smart window technology helps us accomplish that goal.”
View claims its smart glass technology offers significant health advantages by reducing the incidence of eyestrain and headaches by over 50%.
In a recent study, the company said employees working next to View Smart Windows improved their sleep by 37 minutes per night and cognitive function by 42 percent. "These findings are particularly important today as users are focused on health, wellness, and re-entering the workplace with confidence," noted the company's statement.
100 Pearl Street is the first downtown Manhattan property to feature smart windows from View. Previously, GFP installed View at its N6 Lofts property, a former warehouse building that was reimagined into a high-end creative office space located in Williamsburg, Brooklyn.
“Companies around the world are reinventing buildings to be experiential, sustainable, healthy, and smart,” concluded Dr. Rao Mulpuri, Chairman and CEO of View. “Renovations like those taking place at 100 Pearl represent a tremendous opportunity to transform the built environment to optimize the health and well-being of occupants. We’re thrilled to once again partner with a developer as forward-thinking as GFP Real Estate.”
View notes its technology is designed into 75 million square feet of buildings, including offices, hospitals, airports, educational facilities, hotels and multi-family residences. For more information, visit www.view.com.