GID, a real estate owner and fiduciary that invests in multiple asset classes, announced that it has earned the Well Health-Safety Rating for its mixed-use development project, Waterline Square, through the International Well Building Institute (IWBI). The Well Health-Safety Rating is an evidence-based, third-party verified certification that evaluates operational policies, maintenance protocols, stakeholder engagement and emergency preparation that addresses health and safety within the building.
As a community designed with sustainable specifications in mind, Waterline Square already had a strong foundation to implement the health and wellness protocols needed to achieve the rating, GID said in the announcement. The community has comprehensive indoor air quality and water filtration systems in place, along with numerous wellness-forward amenities that aided in the certification efforts. With a focus on the interrelations between health, wellness and sustainability, key changes include the use of eco-friendly certified cleaning products, public cleaning logs in the community’s common areas, improved data collection methods and data quality and the installation of signage to encourage healthy practices like social distancing and masking.
“Waterline Square is one of New York City’s most iconic development projects, in part because of the seamless incorporation of sustainable technology and wellness amenities throughout the community,” said Phil Carmody, vice president, head of ESG at GID. “The community is emblematic of GID’s overall commitment to incorporating ESG principles that create value for both residents and investors.”
GID’s ESG program has been recognized by other industry organizations, including the GRESB Benchmark and Green Lease Leaders.
