Land Deal to Make Way for Green Project in Harlem

NEW YORK CITY-Synapse Capital closed on the purchase of a vacant lot in Harlem on Wednesday that will be the site of tie city's first residential building that will employ green guidelines and solar energy to fuel a potential 90% reduction in heating costs.

By John Jordan | Updated on December 05, 2013

NEW YORK CITY-Synapse Capital closed on the purchase of a vacant lot in Harlem on Wednesday that will be the site of tie city’s first residential building that will employ green guidelines and solar energy to fuel a potential 90% reduction in heating costs.

“We’ve discovered a process by which we can build a building we think will cost the same, consume less energy and create a better quality of life for the people inside,” said Al Picallo, managing partner at Synapse.

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