Written by Meave Gallagher, with reporting by Tom Soter on September 10, 2014
Credit Ira Meister, president of Matthew Adam Properties, with a "brilliant" idea. That's what Jacqueline Stein, board secretary at York River House, a 225-unit Upper East Side building he manages, calls his method to save dollars.
As part of a renovation to switch from No. 6 oil to dual-fuel boilers for heating, the York River House also wanted to install new, high-efficiency hot water heaters and storage tanks — a common project for a green-thinking building. But the cooperative's approach was anything but typical. "Ira figured out that we should really see who was gone over the summer," says Stein.