New WegoWise Case Study: New Holland Residences
New Holland Residences (NHR), a growing New York-based property management company and subsidiary of Sugar Hill Capital Partners, is passionate about elevating the living experience through innovation and sustainability. To stand out in a crowded NYC rental market, NHR is focused on increasing tenant comfort while simultaneously creating value for building owners--two aims the organization supports with building upgrades and retrofits that increase energy efficiency.
We spoke with Juan Herrera, Director of Field Operations at NHR, about how he and his team have used WegoWise to find the buildings in most need of upgrades within their portfolio, reduce overall utility expenditures, and track the success of retrofits. Additionally, the organization uses WegoWise’s automated utility tracking capabilities to save time that would otherwise be wasted on manual data entry and analysis--over 200 hours per year!
Since implementing WegoWise, NHR was able to conserve a whopping 40% in water usage, and reduce overall utility costs by 15% year-over-year.
If you’d like to see what our other clients are doing to track utility use, reduce costs, implement sustainability initiatives, and ultimately improve asset value with WegoWise, visit our full library of case studies!