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As the landlord of a large building in the Tri-state area, you know exactly how much you spend on water and energy. Water in New York City is currently $10.33/100 cubic feet and energy in commercial properties is 15.06¢/kWh — the second highest in the nation! So obviously, if there was something you could do to lower your costs, you would do it — pronto!
If you’re a property owner who includes utilities as part of the lease agreement, one of the best ways to improve your return on investment is by making the property more energy- and water-efficient. In this article, we’ll review the best ways to upgrade the properties you manage for long-term water conservation and savings.
The Water Scrooge is thrilled to announce an exclusivity deal with the Canadian water conservation company, Water Control Management. WCM is owned by Bob Langlois and Charles Levin, both of whom are experts in water conservation methods.
Running a condo or co-op management company isn't always glamorous.
As a landlord in New York City, you are required to pay tenant water bills.
The idea that we should conserve water has been around for enough generations that it’s been internalized by almost all of us, even those living in areas where there is no apparent water shortage.
It's been called "the champagne of drinking water," and for good reason. Compared to other major cities, New York City water is pricey. And if you've been the landlord of a multi-family building for the past several years, you are all too aware of the skyrocketing costs of water.
Leaking pipes are the kind of thing that keeps landlords up at night. Not only can they wreak havoc on the plumbing of individual units, but sometimes, they can affect the entire building’s infrastructure.
New York, along with other major metro areas nationwide, is at risk for a water shortage crisis brought on by drought, aging water infrastructures, and other factors.
Landlords in New York City have it tough. By law, landlords are required to pay for their tenants’ water and heating, and in some cases, even pay electricity.
