Our Development - Matrix Solar

A few of our Developments

Professional Overview

23 years of renewable and commercial project developmentsl Cells)

Key Applications – Utility, Community Solar and Rooftop experience

~45 megawatts of operating community solar projects in New York

2 megawatt-hours of Battery Energy Storage Systems (BESS)

Turnkey solar development services provider (project origination thru NTP)

Areas of Proficiency – electric (high & low voltage), civil, environmental, finance

7 Harrison Street

7 Harrison Street is a luxury condominium conversion located on the corner of Harrison and Staple Streets in central Tribeca. Built in 1893 as a dry- goods storage warehouse, the property measures approximately 40,000 square feet and was converted to 12 residences designed by AD100 architect Steven Harris and one retail unit. Matrix acquired the property in partnership with Clarion Partners with four IMD tenants in place, all of whom were vacated through the negotiation of buyout agreements. The project was completed in the first quarter of 2015, with over 90% of the units sold and closed. Total blended sales in excess of $3,000 per square foot. For more information, visit www.sevenharrison.com.

The Urban Glass House

The Urban Glass House is a ground-up 40-unit, 86,000 square foot luxury condominium development in the West Soho neighborhood of Manhattan. The last project designed by the Pritzker Prize Winning Architect Phillip Johnson, with interiors by Annabelle Selldorf, The Urban Glass House is a 21st-century reinterpretation of Johnson’s iconic 1949 Glass House in New Canaan, Connecticut. Located just one block east of the Hudson River, the 12-story building possesses sweeping views of the New York Harbor and the Statue of Liberty to the south and the low-rise West Village neighborhood directly to the north. The project was completed in 2007 and sold out at at average of $1,550 per square foot, a record for the neighborhood.

101 Ludlow Street

101 Ludlow Street is a ground-up 100,000 square foot student housing and retail development located on the corner of Ludlow and Delancey Streets in
the vibrant Lower East Side neighborhood of Manhattan. Built-to-suit for the School of Visual Arts, 101 Ludlow is 20-stories and contains 301 rooms housing 359 students.
The facility is was completed in 2009 and is leased to the school on a triple-net basis for 40 Years.

145 Perry Street

145 Perry Street is a ground-up luxury townhouse development project located on the northeast corner of Perry and Washington Streets in the West
Village neighborhood of Manhattan. The site permits the development of approximately 33,000 square feet (subject to Landmarks approval) across 190 feet of linear street
frontage along Perry and Washington Streets. The Sponsor acquired the site in 2007 by separately purchasing the six individual units comprising the existing under-built
commercial co-op and secured LPC approvals to construct an 8-story 50,000 square foot boutique hotel. The property was sold in 2013 to a high-net-worth individual for
development as a private single-family home.

19-23 St. Marks Place

19-23 St. Marks Place is a 40-unit multi-family rental development in the East Village neighborhood of Manhattan and completed in 2003. In addition to the residential rental units, the property contains 6 retail units and a single penthouse condominium unit owned and occupied by the project’s primary equity partner. Retail tenants include Chipotle, Supercuts, Quizno’s, Grand Sichuan Restaurant, and a Gourmet market. Prior to acquisition, the property was severely dilapidated and had been in use as a commercial club. In the 1960’s, the property had been home to The Electric Circus nightclub, where Andy Warhol’s Velvet Underground debuted in 1966.

The Kingswood

The Kingswood is a 72-unit, 110,000 square foot age-restricted (55 & over) condominium development located in Stamford, Connecticut. The property
was acquired as a distressed 120-unit assisted living facility from Atria Assisted Living Stamford, an affiliate of Lazard Freres, who were consolidating operations due to
softness in the assisted living market. The Sponsor purchased the property for $4.625 million or approximately $41 per square foot of gross building area. This relatively
low purchase price is reflective of the property being auctioned with a short due diligence period in addition to its non-conforming use. The project was completed in 2003.

Other Projects

Wheatfield, NY (6.3 mw)

Built on a parcel of land just off Lockport Road, Wheatfield Solar is a 6.3 MW project that will serve nearly 1,000 local residents who are National Grid customers. It features 15,548 solar panels and generates clean energy to feed the local utility grid. Subscribers receive community solar credits that will help reduce their annual electricity costs.

Mayfield, NY 2 (6.5 mw)

One of two co-located projects in Gloversville, NY, this 3.7 MW solar farm features more than 9,200 solar panels. Sending clean energy out to the National Grid electric grid, the project produces enough energy credit to offset the needs of approximately 500 average homes in the arca.

Mayfield 1 (6.5 mw)

One of two co-located projects in Gloversville, NY, this G MW solar farm features nearly 15,000 solar panels. Sending clean energy out to the National Grid electric grid, the project produces enough energy credit to offset the needs of approximately 1,000 average homes in the area. The solar farms are built on already cleared land and brought jobs and revenue to the area through construction and ongoing maintenance. Anyone who gets power from National Grid in the state can subscribe to this farm and save up to 10% on their electric

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Lets take it together!