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per unit water bill feeJun 15, 2016

Can anyone share per-unit costs for water? The cost in our coop averages $1,000 per unit annually, and most of the units are small to medium size 1-bedroom apartments. This seems very high. Can others share costs, either per building by number of units or square feet, or per unit annual cost for comparison? Many thanks.

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Water Costs - Mark Levine, RAM (mblevine@ebmg.com) Jun 16, 2016

Hi, we manage about 60 coop and condo properties, so I've pulled some data for you on a per unit basis, some in Manhattan, Brooklyn and Queens.

Building 1: $78,400 / 50 Units = $1,568 per unit
Building 2: $6,700 / 18 Units = $372.22 per unit (small apartments)
Building 3: $78,300 / 120 Units = $652.50 per unit
Building 4: $14,400 / 30 Units = $480 per unit
Building 5: $55,000 / 80 Units = $687.50 per unit
Building 6: $68,800 / 149 Units = $461.75 per unit
Building 7: $34,100 / 80 Units = $426.25 per unit
Building 8: $61,200 / 60 Units = $1,020 per unit

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per unit water bill fee - Pre war coop - Pre war coop Jun 17, 2016

Mark, Thank you for generously sharing this information, very much appreciated.

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