Water Watch NYC

The proposed 2012 rate schedule will eliminate Frontage, modify the Multifamily Conservation Program (MCP), cap the rental agreement, and bar some properties from flat rate billing. As with any major change in billing rates there will be winners and losers.

The Winners are:

Properties currently on the MCP program were expecting their current rate to rise to 7% to $1,092. Instead they will see their cost per apartment drop by $197 per apartment per year to $894.

Large apartments with multiple bathrooms that have high consumption toilets would have see frontage rates rise 7% to near $1,000 per unit. Instead the per unit costs will drop to $894 per apartment. The only downside for these apartments is that they will have to replace their high consumption plumbing fixtures by 2015. – It pays to live large.

The Losers are

Properties with one bathroom per apartment and low consumption toilets (senior housing) will see their rates increase by up to $150 per unit. –Serves them right for leading a frugal existence.

Properties without any regulation will no longer be eligible for the MCP program. – Serves them right for trying to be independent.