To date, there are approximately 22 million apartments throughout the United States of which approximately 8 million apartments have the property owner paying the entire heating expense for a calendar 12-month period. The program’s main focus will be these 8 million apartments.

The AirTight Multi-Family program consists of two fundamental components. First, each property’s building envelope is encapsulated and insulated with Lapolla’s polyurethane spray foam. Second, the AirTight team overseas the installation of a turn-key technology package onsite at each property. This package consists of wireless thermostats and apartment controls in each unit, high-efficiency hot water heaters, modern high-tech boilers and high-efficiency lighting throughout the building among other energy-saving technologies.

“Individually, each element of this program is proven to contribute to energy savings and reducing a building’s environmental footprint,” stated Richard J. Kurtz, chairman of Lapolla Industries.“But consolidating each component into an end-to-end retrofit program brings incredible value to the building owners and environment, and we believe this solution will address an enormous untapped demand in the market.”

“As the CEO of the Kamson Corporation, I manage and maintain more than 85 multi-family residential buildings in the North Eastern United States. I can say confidently, along with insurance and real estate taxes, energy utilities are one of the three largest expenses landlords and property managers are repeatedly subjected to today. As such, my team and I have tested this program on my properties, and have experienced consistent reductions in energy costs of approximately 50 percent on an annual basis. We are confident that this program will be successful, and anticipate interest from major U.S. property managers and real estate developers going forward,” said Kurtz.

 For more information, visit www.lapolla.com.