![]() ![]() ![]() ![]() As part of that mission, Zara Realty feels it is important to make those investments part of our commitment to leaving a cleaner, greener world for our children. “As property owners, we are continually making key investments in infrastructure to secure quality housing for generations. “If there is one thing this last year of challenges has made clear, it’s that we all must do whatever we can to help one another and help our planet,” said Tony Subraj, co-managing partner at Zara Realty. Zara Realty plans to install solar panels on the rooftops of 45 of the company’s New York City properties. The Queens project was delayed by the coronavirus pandemic for part of 2020, but resumed when installation of solar power was deemed an essential business by New York State officials, who are continuing to support renewable energy installations. The electricity is being used to power the common areas of all the company’s Queens buildings. About 3,000 of a planned 6,500 solar panels have been installed. Zara officials said the $6.5-million project, being led by New York-based Premier Solar Solutions, at present is producing about 1.3 million kWh of electricity, with an eventual goal to produce 2.7 million kWh by the end of the year. The company said solar panels have been placed on 26 of its 45 buildings, part of its goal to eventually transform its entire real estate portfolio “and produce enough clean energy to offset the greenhouse gas emissions of 5 million vehicle miles driven each year,” according to the company. Zara Realty on April 12 told POWER it is “halfway” to completing installation of solar technology on every site it owns in the borough. A New York realty company is providing a model of solar power’s continued growth as it works to complete a project to install solar panels on all the buildings it owns in the borough of Queens. ![]()
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