<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=371857613227084&amp;ev=PageView&amp;noscript=1"> Parkchester Case Study

320 Sterling Street

113 Units in NYC Saving $387 per unit, per year with positive ROI after 7 months..

Renovated six story multi-family home

located in the middle of Yorkville County.

Project completed in just under 7 months

320 Sterling Street is an apartment building in a diverse community with various people of different cultures.

Built in 1928, located in the Prospect Lefferts Gardens in Brooklyn. This building is managed by C & C Management and is likely to be populated by young families with diverse cultures and beliefs, affecting how the team may approach each family.

A large residential development like 320Sterling Gardens faces unique challenges when trying to reduce costs while keeping their property operations running smoothly. Every problem and every cost is amplified on a large scale. 320Sterling condominiums were concerned with their constantly increasing water and hot water usage and the rising cost of water and energy in New York City. They needed a solution that would work on a community wide scale and they needed someone that would be able to implement that solution seamlessly. The management team at 320Sterling Gardens turned to The Water Scrooge because of their industry leading, proprietary solutions and their track record reducing water and hot water related costs in large multi-family properties in the New York City area.


The Water Scrooge team needed to identify the cause of the rising water usage at 320Sterling so they can provide the right solution, and they had to do it for more then 170 buildings. They started by analyzing the water usage for the entire 320Sterling development, building by building. After extensive research, The Water Scrooge was able to propose a solution. The Water Scrooge implemented their solution in phases in order to test their assumptions about the causes of the community wide water problem. After succesfull deployment in the first group of buildings, they scaled up to the rest of the locations. The Water Scrooge was able to identify the root causes of the high water usage, and and confirm the reduction in water usage at each building throughout the project.

Don't let water usage be a pain in your wallet.

client goals

Client Goals

Control and Reduce Water Cost
  • Provide proffesional service
  • Save clients hundreds in water costs
  • Reduce water and energy waste
  • Respond to any concerns regarding our products
solution

Solution

Deploy Multi-Family Solution
  • Provide proffesional service
  • Save clients hundreds in water costs
  • Reduce water and energy waste
  • Respond to any concerns regarding our products

Post Installation Savings

$43,745
Total Annual Savings
Combined savings on Water and Hot Water costs
$16,862
Annual Water Savings
annual savings on water & sewer bills due to reduction in water consumption
$6,389
Annual Energy Savings
annual savings on energy bills due to reduction in hot water consumption
$387
Annual Savings / Unit
average amount saved per apartment annually
7 months
Time to Positive ROI
amount of time it took for initial investment to be paid back
36%
Reduction in Usage
percantage reduction in water usage from pre-installation levels

Testimonial

"The Water Scrooge staff was courteous, timely, professional and very easy to work with. Through their efforts, The 320Sterling North Condominiums has been able to save over 30% on our water and hot water expenses. Water and energy prices have skyrocketed and this has enabled us to control this large expense. I highly recommend The Water Scrooge to all building owners and management companies who are interested in controlling their water and hot water expenses."
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    Josh Haggarty
    Asset Manager