How One Bronx Co-op Cut $100K Annually Through Smart Building Technology Artwork

Problem Solved! For Co-ops and Condos

From building repairs and maintenance, energy upgrades, insurance, lobby redesigns, accounting and financing - the challenges facing co-op and condominium board directors are endless. In this series, Habitat Magazine editors interview New York City experts to learn how problems have been solved at their client co-op and condo buildings. We take a deep dive into the issues being confronted, the possibilities for solutions, the costs, the challenges, and the outcomes. Habitat Magazine, founded in 1982, is the trusted resource for New York City co-ops and condo board directors. Visit us at www.habitatmag.com

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Problem Solved! For Co-ops and Condos

How One Bronx Co-op Cut $100K Annually Through Smart Building Technology

June 16, 2025 • Season 3 • Episode 2

Tired of sky-high heating bills and residents complaining about wildly uneven temperatures? In this interview, Kelly-Ann Corrigan, CEO at the technology and service provider Runwise, reveals exactly how a 191-unit Bronx co-op transformed their bottom line using wireless sensor technology and strategic system upgrades. You'll discover how they invested just $60-70K and now save $50-60K every year on heating costs alone, plus an additional $50K in water savings by switching from fixed-rate to metered billing.

Board will learn practical strategies for detecting hidden problems like steam distribution issues and water leaks that silently drain budgets. Corrigan covers everything from understanding master steam venting to navigating Local Law 97 compliance, plus how modern building monitoring can extend equipment lifespan and prevent costly emergency repairs. Whether you're facing budget pressures or preparing for carbon emission regulations, this episode offers a roadmap for turning building efficiency into serious savings. Habitat's Emily Myers conducts the interview.

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