2000 Westchester Avenue, NY, May 1, 2006
Turnkey Thermal Storage Project for Morgan Stanley
Built in 1983, 2000 Westchester Avenue, located at the intersection of the Cross Westchester Expressway (Route 287) and the Hutchinson River Parkway, was the former headquarters of the Texaco Oil Company. Morgan Stanley purchase the 750,000 square foot facility in 2001 for use as a critical facility containing a data center, trading floor and general office space. Morgan Stanley is one of the world's largest diversified financial services companies, with a reputation for excellence in advice and execution on a global scale. The firm has leading franchises in the three businesses: Global Securities, Global Asset Management and Global Credit Card Services.
The Challenge
Morgan Stanley faced the dual challenges of an aging cooling infrastructure as well as increased cooling capacity requirements of its critical operations. They decided to pursue a high performance infrastructure solution with the goals of energy efficiency, increased site resiliency and environmental responsibility.
The Solution
Morgan Stanley engaged the Trane New York - New Jersey Energy Services team to evaluate their building's needs and develop innovative, high performance solutions. Using Trace 700, the team developed multiple energy models of the facility for a variety of potential solutions. Ultimately, the team proposed a thermal storage solution that would shift the building's electric load from day to night. Electricity produced during the night (off-peak) hours is more plentiful, less expensive, and generated more efficiently. The solution included the replacement of a 17-year old chiller with a new, more efficient and inherently more reliable non-CFC chiller.
The Results
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