Roof painting in ST/PCV should make buildings cooler in summer

Painters at work in Stuyvesant Town (Photos by Gursimran Toor, StuyTown Property Services)

By Sabina Mollot

Early in June, Stuyvesant Town Property Services (SPS) announced that work had begun on a project aimed at cooling the complex’s buildings down in the summer — by painting the roofs.

Dubbed “Cool Roofs,” the initiative is part of a city program that debuted in 2009. For Stuy Town’s buildings, the city is footing the bill for the painting of the building roofs in white, reflective paint. (So tenants do not have to worry about a looming major capital improvement rent increase.)

An email sent to residents on June 8 said the work began that day with all of Stuy Town’s and Peter Cooper Village’s roofs to be included.

As the email from SPS notes, “during a typical summer day, flat, black asphalt rooftops can reach temperatures of 190°F. A roof treated with a specialized white coating can reduce internal building temperatures by up to 30 percent due to the sun’s rays reflecting off the roof instead of being absorbed. As an added benefit, this lessens the power needed to run A/C units resulting in less greenhouse gas emissions. Every 2,500 square feet of roof coated with the reflective paint can reduce the city’s carbon footprint by 1 ton of CO2. The program aims to coat 1 million square feet of rooftop annually.”

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Stuy Town management hires new COO and CFO

StuyTown Property Services’ new COO Kelly Vohs, CFO Andreas Spitzer and Rick Hayduk, CEO (Photo by Sabina Mollot)

By Sabina Mollot

Stuyvesant Town Property Services, the now year-old subsidiary of Blackstone created for the management of Stuyvesant Town and Peter Cooper, has recently completed a round of hires, including two in upper management.

One is new chief financial officer Andreas Spitzer, who previously served as CFO of the American Farmland Company, which he helped sell. He also worked for three years at retail REIT Equity One and four years at the New York City Housing Authority, where he served as CFO. He also spent 10 years as a mergers and acquisitions banker.

Spitzer has spent the last six months since getting hired by SPS conducting internal audits, which hadn’t been done on the property in over seven years.

The other hire, who started last week, is chief operating officer Kelly Vohs. Like SPS chief executive officer Rick Hayduk, Vohs has worked extensively in the hotel and resort industry. He is also an Army veteran who served in Iraq.

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