111 East 85th Street

$44,233

Year 1 Actual Savings

10 Months

Actual Payback Period

How Parity Helped 111 East 85th Street

111 East 85th Street, or The Savoy, is a 30-floor co-op in Manhattan’s Upper East Side neighborhood. The building was built in 1971. Each of the 160 units has a Steam PTAC unit for heating and cooling.

Rene Rivera

Resident Manager for Douglas Elliman

“The alarms and alerts Parity gives me are like a security blanket. I have an extra set of eyes on my HVAC systems operations, even when I’m not at the building. Plus, we outperformed our savings guarantee. I highly recommend Parity to other Resident Managers.”

We projected at least $19,322 in utility cost savings during our first year at The Savoy. We over-delivered and saved the building $44,233! That means instead of a 1.9 year payback period, 111 East 85th Street saw its ROI in only 10 months.

Plus, we prevented 50 tons of CO2 from entering the atmosphere, which translates to $13,438 in potential reduced LL97 fine exposure.

30 Floors

160 Units

Co-op

Steam PTAC

Built in 1971

Central Heating & Cooling

This Project's Impact

$44,233

Year 1 Actual Savings

10 Months

Actual Payback Period

50 Tons

Year 1 Reduced CO2 Emissions

$19,322

Contracted Guaranteed Savings

1.9 Years

Projected Payback Period

$13,438

Potential Reduced LL97 Fine Exposure

Systems We Remotely Optimize To Automate Savings:

Heating Plant

Ventilation

Motors

Are You Ready To Let Parity Optimize Your HVAC Systems With No Upfront Investment?

Contact us now to get started.

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