Client Name: Friedman Management Industry: Property Management Client Representative: Cody Stryker,...
Upper West Side co-op saves thousands by fixing 15-year boiler leak
- Client Name: Brownstone Housing Corp.
- Industry: Residential Property Management
- Client Representative: Lance Dashefsk, President
Challenges Faced:
Brownstone Housing Corp. manages three buildings with 30 apartments on the Upper West Side and had challenges in balancing maintenance with financial sustainability. Conventional maintenance tasks, such as roof and facade repairs, did not yield financial returns, leading to a search for cost-effective solutions.
Solution Implemented:
Lance Dashefsky implemented Runwise as a key component of their approach to building management. This strategic move aimed to uncover and address inefficiencies in water and heating systems that were inflating utility expenses.
Results Achieved:
- Identification of Water Inefficiencies: Runwise detected high water usage, pinpointing a critical issue that led to water and oil waste.
- Significant Reduction in Utility Costs: Adoption of Runwise resulted in dramatic savings on water and heating bills.
- Accelerated Return on Investment: They experienced a significant return on their investment in Runwise within just six months, fast faster the initial one-year estimate.
- Continuous Savings Monitoring: Runwise’s real-time tracking enabled ongoing assessment and optimization of building energy usage.
Brownstone Housing Corp.'s deployment of Runwise has been pivotal in achieving cost efficiency and operational sustainability.