<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

760-762 Riverside Drive

56 Units in NYC Saving $322.75 per unit, per year with positive ROI after months..

Newly renovated nineteen story building

located in the heart of lower Manhattan.

Project completed in just over 4.5 months

760-762Riverside Drive is an apartment building in a community filled with landmarks and historical points of interest.

Built in 1902, located in Brooklyn. This building is managed by Milbrook Properties ltd.

A large residential development like 760-762 Riverside Drive 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. 760riverside 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 760-762 Riverside Drive 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 760riverside 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 760riverside 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

$18,704
Total Annual Savings
Combined savings on Water and Hot Water costs
$12,997.50
Annual Water Savings
annual savings on water & sewer bills due to reduction in water consumption
$5,077.15
Annual Energy Savings
annual savings on energy bills due to reduction in hot water consumption
$322.75
Annual Savings / Unit
average amount saved per apartment annually
26.9%
Reduction in Usage
percantage reduction in water usage from pre-installation levels

Testimonial

"I wanted to take a moment to thank the entire crew for a job well done in our properites. Thanks to you efforts identifying water leaks and installing water savings devices in bath and kitchen fixtures, we have been able to successfully reduce our water usage and energy costs without affecting water pressure. As fuel prices and water and sewer rates have steadily increased each year... you've given us a way to run our properties more efficiently. I sincerely appreciate that you took the time to evaluate our monthly bills and determine how our properties can benefit from your services. Thanks again for your personal attention and dedication to our account."
  • logo-parkchester.png
    Jeffery Katz
    Vice President