New York City's residential buildings are the largest single source of citywide pollution, producing 34% of greenhouse gases. In addition to these environmental costs, energy costs can comprise up to a third of a multifamily property's budget -- its largest controllable expense.
To mitigate these effects, FirstService Residential established FS Energy, an energy management and advisory subsidiary, that has helped FirstService Residential clients save more than $23 million in energy costs while reducing the carbon footprint of the New York portfolio by nearly 16%. Click here
to read the full article in Green Matters magazine.