The Silver Towers are twin residential buildings in the Hell’s Kitchen neighborhood in Manhattan, New York City. Located at 620 W 42nd Street, on the West side of 11th Avenue between 41st and 42nd Street near the Hudson River , the 60 stories development includes a 75-foot pool, the largest in a New York City Residential Building, as well as a quarter-acre public park on the west side of the towers.
DVM Industries furnished, installed and handled incentives for the Art Wall LED Lighting Project in Silver Towers, retrofitting 285 T5 fixtures with LED T5 lamps in the 130 ft exterior art wall of the buildings.
Project Cost | $65,000 |
Annual Energy and Maintenance Savings | $35,000 |
Net Cost | $59,300 |
Rebate Amount | $5,700 |
Payback | 1.6 Years |
The 58 stories twin residential buildings had ballasts installed in their hallways that were failing very frequently, beign changed out montly. These was causing a very high maintenance cost.
DVM Industries retrofitted 2500 Corridor Wallsconces to LEDs, providing material, labor, and rebate management for the project.
Project Cost | $300,000 |
Rebate Amount | $75,000 |
Net Cost | $225,000 |
Payback | 2.4 Years |
Annual Maintenance Savings | $76,546 |