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690 Fort Washington Ave.

Owned and managed by Gatsby Enterprises.

Total savings of $51,678 on a total of 100 units

achieved in a three month installation


building

This building is located in 690 Fort Washington Avenue, New York, NY 10040

Located in Manhattan’s Hudson Heights, 690 Fort Washington Avenue is a six-story, 100-unit multifamily property built in 1940. With water and hot water expenses spread across 100 apartments, reducing unnecessary consumption can have a significant impact on the property’s operating costs.

Gatsby Enterprises turned to The Water Scrooge to address rising water and hot water expenses without compromising resident comfort. Water-saving solutions were installed throughout the building, helping reduce unnecessary water consumption and the energy required to heat hot water. This helped the property achieve $51,678 in annual savings and recover its initial investment in just 3 months.


Solving the problem of rising water costs for the city within the city

Post Installation Savings

$51,678
Total Annual Savings
Combined savings on Water and Hot Water costs
$37,466
Annual Water Savings
annual savings on water & sewer bills due to reduction in water consumption
$14,212
Annual Energy Savings
annual savings on energy bills due to reduction in hot water consumption
$517
Annual Savings / Unit
average amount saved per apartment annually
3 months
Time to Positive ROI
amount of time it took for initial investment to be paid back
42%
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 Parkchester 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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    Sean Piroozian
    General manager