#United States #Buffalo #Foss & Company #Good Carbon Co. #211 Summer

Foss & Company's Sustainable Initiative in Buffalo

Foss & Company, a leader in tax equity syndication, is making headlines with its recent collaboration with Good Carbon Co. on the 211 Summer project in Buffalo, New York. Situated at 209–213 Summer St., this initiative represents a significant step toward blending historical preservation with sustainable development.

The Project Overview

The 211 Summer project focuses on the adaptive reuse of two historic multifamily buildings along with an old carriage house, culminating in the creation of 22 updated apartment units. This venture not only revitalizes historical structures but also integrates modern technologies aimed at energy efficiency. Central to this effort are geothermal systems that will provide climate control and energy required for these residences, ensuring they meet sustainability goals while respecting the architectural heritage of the site.

As a proud investor of the Federal Historic Tax Credit and New York State Historic Tax Credit, Foss & Company emphasizes the importance of such projects in supporting urban regeneration and environmental stewardship. John Sorel, a significant figure in the investment acquisitions at Foss & Company, stated, "This project illustrates how historic rehabilitation can coincide with sustainable development." The collaboration with Good Carbon Co. highlights Foss's commitment to preserving Buffalo's architectural legacy while addressing contemporary energy challenges.

A Commitment to Sustainability

Good Carbon Co., led by CEO Adam Serbert, aims to breathe new life into historic spaces by lowering their carbon footprints. Describing the 211 Summer project as a model of sustainable preservation, Serbert said, "The initiative honors Buffalo's architectural legacy while integrating modern, low-carbon energy systems that make these homes efficient and future-ready." The project serves as an example for other cities looking to preserve historical sites while embracing sustainability.

This marks the second collaboration between Foss & Company and Good Carbon Co., following the success of the 334–346 Bryant St. project completed in August 2025. Their partnership signifies a growing trend in the real estate and investment sectors, merging interests in historic preservation and environmental responsibility.

Future Prospects

Looking forward, Foss & Company aims to expand its collaborations focused on enhancing Buffalo’s urban landscape while continuing to support eco-friendly projects across the state and beyond. By working alongside Good Carbon Co., they not only foster the revitalization of historic buildings but also promote a sustainable future for the community.

Founded in 1983, Foss & Company has invested over $9 billion in tax equity, primarily targeting historic rehabilitation projects, renewable energy, and advanced energy production facilities. Their expertise is invaluable for partners navigating the complex world of tax equity investments.

In conclusion, the 211 Summer project epitomizes the capstone of Foss & Company and Good Carbon Co.'s shared vision for a sustainable future that honors the past. For those interested in learning more about their initiatives, further details can be found on Foss & Company's website.