DEPM Videos Highlight Our Strengths

What makes DEPM stand out from the crowd? According to company President Jim O’Connor, “Clearly, what separates us from other management firms is our people. Fully 180 of our 240-plus employees have been with us for over 15 years.”

Toni Hanson, Vice President of Management adds, “We attract great managers and I think it’s because we have a wonderful support group. And because of that our clients stay with us for a long time. I personally have one client that has been with us since the 1950’s. And we’re very proud of that.”

In a recent video, Jim O’Connor also talks about how DEPM is able to save our clients considerable amounts of money: “Our central purchasing department consistently buys supplies at five to 15 percent lower than our competition. We also purchase insurance for our buildings. We have two competing master insurance programs, each of which offers umbrella liability coverage of $150 million aggregate per building.”

When it comes to energy savings, he adds, “We have demonstrated recurring savings of over $3 million a year for the last three years.”

In our Energy Savings video, Peter Lampen, Vice President + Architect for DEPM, adds, “A good example of the kind of savings measures that we’ve been able to implement, which save energy costs for the buildings and reduce their long-term capital expenditures, as well as benefit the City and the environment through carbon reduction, are boiler conversions. This has represented a significant savings to buildings.”

To view the videos in their entirely, visit our YouTube channel at bit.ly/DEPMvideo.

DEPM's long-term staff and cost-savings are two of the things that set us apart from other firms in the industry. Pictured here are VP Toni Hanson, CFO Harris Bornstein, President Jim O'Connor, and VPs Peter Lampen and Elly Pateras. Listen to more on our videos at bit.ly/DEPMvideo.

DEPM’s long-term staff and cost-savings are two of the things that set us apart from other firms in the industry. Pictured here are VP Toni Hanson, CFO Harris Bornstein, President Jim O’Connor, and VPs Peter Lampen and Elly Pateras. Listen to more on our videos at bit.ly/DEPMvideo.

Rebate Programs and Free Offers For Energy-Efficient Equipment

At DEPM, we are always looking for ways to help our properties save money. We have been working with Con Ed and National Grid, who offer a wide variety of rebates, discounts, and refunds for installing energy-saving equipment. Right now there are incentive programs for energy controls, efficient boilers and burners, hot water heaters and more. In many cases, the utility will actually provide and install products—such as lighting and control valves—that will conserve energy, completely free of charge.

In one of our properties, a rental complex in Queens, we have signed up to receive free thermostatic radiator valves, which will be provided and installed at absolutely no cost. With 1500 units in the complex, and an average of two to three valves per unit, this represents an enormous up-front savings of around $375,000! Not to mention the reduced fuel consumption that these valves will result in, since they will allow residents to turn the heat down if they experience overheating, instead of opening the windows and wasting precious energy.

Other conservation incentives include low-flow showerheads and faucet aerators, “smart” power strips, and LED lights. Some buildings are eligible to receive these important energy-saving devices at no cost for individual units. Others, depending on building size and location, may be eligible for free high-efficiency light bulbs for common areas as well.

Replacing traditional lighting with high efficiency bulbs can save your building thousands of dollars. You may be eligible to receive free energy-efficient lights, showerheads or other equipment through Con Ed and National Grid's rebate programs.

Replacing traditional lighting with high efficiency bulbs can save your building thousands of dollars. You may be eligible to receive free energy-efficient lights, showerheads or other equipment through Con Ed and National Grid’s rebate programs.

Because these programs are constantly changing, depending on funding, building size, and location, it’s difficult to know what is available and who is eligible. To understand the programs offered, and expedite the paperwork required, you really need to speak to the experts. Your Douglas Elliman Property Manager can help your building navigate through the often complicated and confusing process of finding and qualifying for these ever-changing incentive programs. Ask your Managing Agent how your building can make some of these improvements, protect the environment, upgrade systems, and save on fuel bills. We are already beginning to schedule free equipment installations in some of our buildings, that will result in very welcome savings on electricity and gas costs.

 

Remote Controls Saved This Building 15% on Heating Fuel

DEPM recently embarked on a very interesting project to save energy and cut fuel costs at one of our properties, a 38-building complex that straddles the Sunnyside and Woodside neighborhoods in Queens.

The residential rental property has been owner managed for over 50 years, but recently, DEPM was brought in to provide professional management. All facets of the property were evaluated, and one of the first initiatives was to analyze heating costs, operations and procedures. After some analysis, we determined that the complex was a prime candidate for a fully computerized, remotely managed heat control system.

Here’s how it works: Sensors are placed in the buildings to determine the heat levels throughout each property. Then the computerized controls determine if any heat is called for. The machines monitor how each boiler is operating, and send out a signal to an app that DEPM managers, supers and emergency staff all have on their iphones.

On this app, from literally anywhere, DEPM can monitor and control heat, discover immediately if there is a problem with any of the boilers, and adjust heat to any of the buildings remotely.

Last winter, even though it was one of the coldest in many years, these new controls and monitors saved this property 15% on gas bills! And because National Grid offers a large rebate on the installation of these controls, there is the opportunity for further discounts, and even greater savings.

For more information on using these types of computerized controls in your property, email us at info@ellimanpm.com.

DEPM can monitor and control heat, discover immediately if there is a problem with any of the boilers, and adjust heat to any of the buildings remotely.

DEPM can monitor and control heat, discover immediately if there is a problem with any of the boilers, and adjust heat to any of the buildings remotely.

Oil-to-Gas Conversion Update

In 2011, the NYC Department of Environmental Protection (DEP) issued regulations phasing out the use of “dirty” fuel oils No. 6 and No. 4. Effective immediately was the provision that all new boilers and burners must use clean fuel: natural gas, No. 2 oil, biodiesel or steam. All buildings must convert by January 1, 2030, or whenever their existing system needs replacement. The last three-year Certificates of Operations for buildings burning No. 6 oil will expire July 1, 2015, somany buildings are up against an impending deadline.

When the NYC Clean Heat plan was initiated, the City estimated that 10,000 buildings would need to convert to cleaner fuel. These buildings—just one percent of the City’s properties—create 86 percent of the building-produced soot pollution, an environmental and health threat that can lead to fatal heart and lung conditions, including asthma.

Already half the buildings have converted to cleaner fuel, leaving just 5,000 left to do so, and this change has resulted in the best air quality in New York city in more than 50 years. But the conversion itself can be both complex and expensive. Many buildings wishing to convert to cleaner and cheaper natural gas, have been unable to do so because they don’t have the required gas lines, and are thus forced to switch to No. 4 oil while waiting for Con Ed to complete the infrastructure work, which they expect to take five more years (see Area Grown Map). As Con Ed runs the pipes,
buildings in the zones pictured may be able to connect at no cost. Gas service requests may be made through Con Ed’s website to determine the time frame and costs involved, if any.

DEPM is working with our client buildings to be sure they meet conversion deadlines. For more information on program requirements, deadlines and assistance, contact your DEPM Account Executive or visit NYCcleanheat.org, coned.com/gasconversions or edf.org/cleanheat. Or call us at 212-370-9200.

Con Ed expects to run gas lines to buildings in the areas of Manhattan shown on the map below by the dates in the color-coded key. Buildings must request gas service from Con Ed using their online request form at ConEd.com/es. If you are in the Bronx or Queens, visit bit.ly/ConEdmap to see your borough’s map.

area_growth_map

Con Ed expects to run gas lines to buildings in the areas shown by the dates in the color-coded key. Buildings must request gas service from Con Ed using their online request form at ConEd.com/es.

 

Save Fuel, Water and Electricity With Boiler and Utility Monitors

In our ongoing efforts to improve efficiency and energy conservation in all our properties, Douglas Elliman Property Management (DEPM) is constantly seeking out the latest tools and technology. Recently, we have implemented two types of systems that are on track to produce significant cost savings for the buildings where we are testing them.

In several buildings, we have installed heating controls on the boilers that allow the super, manager or board members to monitor heat levels any time, from anywhere. Using a computer, a smart phone, or any Internet access, we can log in and view the temperature in the buildings. This information helps us to prevent overheating, and keep temperatures nice and steady. The cost of the new equipment is reduced by 50 percent through a conservation rebate program, resulting in a payback period of less than two years.

According to Steve Stadmeyer, Manager of a building complex in Sunnyside, Queens that has installed these boiler controls, “We hired an independent engineering firm to analyze the projected annual savings, and they have estimated that these controls should reduce fuel costs by 15 percent.”

Carl Reinlib, General Manager of London Terrace, another DEPM-managed property, reports that heating sensor controls were installed there in February. “Preliminary results show that we are already seeing savings over previous years. In addition, the increased ability to monitor the system helped uncover other inefficiencies that needed correction.” This summer, London Terrace will embark upon their mandatory conversion from “dirty” No. 6 oil to a much cleaner fuel combination of gas and No. 2 oil.

This type of proactive energy policy has a huge impact on the City as a whole, by reducing greenhouse gas emissions, and on the buildings themselves, by reducing energy consumption and significantly reducing energy costs. The end result for residents is improved comfort and better budget controls.

A second level of monitoring has also been implemented in a number of DEPM properties. Using a unique digital application, we can now track water, electric, gas and oil usage in buildings where we have implemented this system. Boards and managers can then view and compare usage from the current year to previous years, as well as comparing the building’s usage to that of other buildings in the City.

This information helps us focus on where there are inefficiencies, and how we can correct them. Thus we can help our buildings reduce consumption and save money, while also improving their ability to forecast their utility budgets. Once we’ve made energy improvements, we can see how much savings have resulted, and make informed decisions about how to proceed in other properties.

If your board would like to view the monitoring sites, please contact us at info@ellimanpm.com or through our Facebook page at Facebook.com/DouglasEllimanPropertyManagement.

In many DEPM-managed buildings, including London Terrace in Manhattan, we're using technology to monitor and conserve fuel, electricity and water use.

In many DEPM-managed buildings, including London Terrace in Manhattan, we’re using technology to monitor and conserve fuel, electricity and water.

Take the Carbon Challenge And Help Reduce Greenhouse Gas Emissions

Launched in 2007, the City’s ambitious PlaNYC program laid out long-range plans for improving the quality of life in New York City. In the years since, huge strides have been made toward achieving many of these goals, from cleaner air to more comprehensive recycling. An important part of this plan is the “NYC Carbon Challenge,” whose goal is to reduce greenhouse gas (GHG) emissions by 30 percent by the year 2030.

Residential buildings are the largest single contributor to the City’s GHG emissions, accounting for 37 percent. As leaders in our industry we recognized our responsibility to advocate for positive change in the City, and Douglas Elliman Property Management became an active Participant in the Carbon Challenge.

Since joining the program in January, we have embarked on meeting the Multi-Family Property Challenge goal of reducing emissions by at least 30 percent over ten years in at least 15 of our managed properties. We expect to far exceed that goal, and are already well on our way as more of our clients recognize the impact they can have in creating cleaner, safer air.

Nearly a year ago, DEPM was recognized by the NYC Clean Heat program, another facet of PlaNYC, for converting over 75 percent of our managed properties to cleaner fuel. As one of the few property management firms on the Clean Heat Task Force, we have worked hard to convert our properties from highly polluting No. 6 and No. 4 fuel oil to cleaner sources of heat, such as No. 2 oil, natural gas, biodiesel or steam. Not only are these buildings helping to improve the air quality in their neighborhoods, but in many cases they are saving money as well.

There is plenty that multi-family buildings can do to help make the Mayor’s Carbon Challenge a reality. Start by visiting the website at http://www.nyc.gov/html/gbee/html/challenge/multifamily-buildings.shtml and download the Handbook for Co-ops and Condos at http://www.nyc.gov/html/gbee/downloads/pdf/handbook_for_co-ops_and_condos.pdf for tips on the benefits of conservation, and how to make changes in your building that will save both energy and money.

Properties that participate in the program will receive a free mini-energy audit to help them get started. For more information, please call our in-house expert Vice President + Architect Peter Lampen at 212-370-9200 or email peter.lampen@ellimanpm.com.

Help build a cleaner New York City: Take the Carbon Challenge!

Visit nyc.gov and download the handbook to learn what Co-op and Condo owners can do to help reduce carbon emissions and improve the City's air quality.

Visit nyc.gov and download the handbook to learn what Co-op and Condo owners can do to help reduce carbon emissions and improve the City’s air quality.

 

Winter Energy Conservation

When it’s cold outside, it’s nice to have a warm place to come home to. There’s a lot that you can do to help keep your apartment cozy while also keeping heating costs in check for the entire building.

The manager, super and staff will attend to building-wide maintenance issues such as annual cleaning and overhaul of the boiler/burner, servicing radiator steam traps, checking pipe insulation, and draining outdoor water sources.

But there is a lot that individual residents can do to help. Be sure your windows are closed and locked. For extra insulation, use curtains or shades. Leaky windows may warrant plastic covers or foam insulation that fits into the seams.

Most buildings control unit thermostats from one central location. By programming daytime heat to around 68 degrees and nighttime temps to around 62 to 65 degrees, the building can save thousands of dollars in fuel. Rather than ask the doorman if the heat can be turned up, keep a sweater handy if you are at home and feeling less than toasty.

Be sure to report any overheated areas, as they can indicate a problem in the heat distribution system. If your unit has a fireplace, be sure that flues are closed in cold weather and that chimneys are cleaned out annually. Your super should monitor fuel usage throughout the winter, comparing it to the previous year, to be sure there are no drastic changes, which could indicate a problem.

With taxes and common charges constantly on the rise, one of the best ways that residents can control their costs is to be proactive about energy conservation.

To help keep your apartment warm in the winter, and save on fuel, be sure your windows are closed and locked. For extra insulation, use thermal shades.

To help keep your apartment warm in the winter, and save on fuel, be sure your windows are closed and locked. For extra insulation, use thermal shades.