Energy Savings Equates to Cost Savings for Rudin Management

Technology is making a huge difference at the office properties managed by Rudin Management.

“This year we will save $5 million, or roughly $0.50 per square foot,” said John Gilbert, senior vice president for Rudin, which owns and operates a 10 million-square-foot portfolio of office properties.

A large part of these savings comes from smart choices, based on information. For example, simply knowing when employees are in the building helps engineers run the facility’s systems more efficiently.

“Every piece of bit of data that we collect needs to be remembered and learned from, whether than a rent bill, or steam consumption data or electric consumption data,” Gilbert said. “If we are not mining that data and we are not remembering that data, and we are not learning from that data, then we are not doing our job.”

Gilbert will share more details on how smart building systems help save Rudin money across its portfolio of 10 million square feet of office space at DisruptCRE, a technology forum that will take place March 30, 2017 at 180 Maiden Lane, New York City.

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