Case Study: UDR achieves $20,000+ annual energy savings with Logical Buildings' SmartKit AI

UDR saves money & makes money throughout the year with SmartKit AI™

UDR, a multifamily owner and operator in New York, needed to better manage energy use at its luxury rental property, View 34 in Manhattan. The building’s scale, amenities, and two-tower design created significant energy-use challenges, making it a strong candidate for real-time energy management and visibility.

Logical Buildings implemented its SmartKit AI™ real time energy management platform at View 34, using smart meters, smart thermostats, and IoT sensors to improve transparency, optimize HVAC demand, and flag maintenance and usage anomalies. Since deployment, UDR has achieved more than $20,000 in annual savings and a $460,000 net NAV increase at a 4.5% cap rate, while also improving sustainability and operational efficiency.

UDR