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Does anyone have experience with having the individual units (apartments) submetered for water usage? Is this even possible in NYC?
Is water submetering permitted and ever done in condo buildings in NYC? It certainly would be a good way to reduce monthly charges and fairly have owners pay for usage, as with electricity. I've heard it can be expensive to have the individual meters installed. Is that true?
Individual meters may be cost prohibitive for your desired purpose.
There is probably more than one apartment on a line in your building; in other words, everyone in the same vertical line will be on the same riser, so in order to truly isolate the usage you would have to meter from within the apartment or re-pipe the water supply.
Ensuring that everyone has low flow water devices (shower heads, aerators, 1.6< gal bowls, etc) with a periodic reminder to residents to conserve water (outlining the environmental benefits and the possibility of raising maintenance to pay for higher bills, etc.) should yield you better results.
~AR
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I use a company called Vantage
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~AR
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