
Join Logical Buildings to learn how multifamily buildings in New York and New Jersey can utilize their “virtual power plant” project facility to finance smart thermostat upgrade projects that generate significant NOI and carbon emissions reduction with no upfront costs.
When: Tuesday, May 9, 2023 at 11am EST
Where: Zoom!
You will walk through:
1. What is a virtual power plant project
2. Why they are valuable for residents, owners and managers
3. How to utilize our project facility
Please feel free to take a look at the NYREJ article discussing the project facility.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,