Real estate developer RFR Realty, LLC will use Yardi LOBOS™ to advance its sustainability initiatives at the company’s iconic 910,000-square-foot Seagram Building in New York City.
RFR will adopt Yardi LOBOS (Load-Based Optimization System), an intelligent HVAC platform that significantly reduces energy consumption in large commercial buildings while providing automated demand response functionality. LOBOS’s energy efficiency, demand response and fault detection and diagnostic functionality will continuously monitor cooling, heating and air handling systems in the Seagram Building while automating demand response and providing real-time feedback. The anticipated results are increased tenant comfort and new levels of energy efficiency.
“Satisfying our highly sophisticated tenant base is the key to increasing property worth and long-term value for the Seagram Building. LOBOS will help us accomplish that by increasing tenant comfort and energy efficiency concurrently,” said Gerard Schumm, executive vice president for RFR.
“Yardi is pleased to support RFR by lending our energy management expertise to one of New York’s most recognizable buildings and a key commercial office space,” said Mark Boliaris, general manager for Enerliance, a Yardi company. “LOBOS will add value by holistically optimizing all of the building’s HVAC systems and adding new levels of programming intelligence.”
About RFR Realty, LLC
RFR Realty, LLC (rfrrealty.com) is a New York City-based, privately controlled real estate investment, development and management company founded in 1991. RFR has built a world-class portfolio of commercial and residential real estate, including many of New York’s signature office towers, ultra-luxury condominiums, hotels and high-end retail developments.
Now in its fourth decade, Yardi® (yardi.com | enerliance.com) is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, the Yardi Multifamily Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in North America, Asia, Australia, Europe and the Middle East.