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L&L Holding Company and Schneider Electric Collaborate to Develop Smart Commercial Office Building

ANDOVER, Mass. – August 8, 2016 – Schneider Electric, the global specialist in energy management and automation, today announced an agreement with L&L Holding Company, a privately held real estate developer, to build an intelligent commercial office building at 390 Madison Avenue in New York City. The new building will feature an array of connected technologies that aggregate data from various building systems to improve energy and operational efficiencies while creating superior experiences for tenants and building operators. Construction is underway, and the core and shell are expected to be completed near the end of 2017.