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View Past IssuesIn the concrete jungle where dreams are made, New York City’s towering buildings have long stood as symbols of progress and ambition. However, they have also cast a looming shadow on the city’s sustainability efforts, contributing to a staggering two-thirds of its greenhouse gas emissions. Enter iLOQ, the game-changer in the world of smart locks, offering a beacon of hope for the Big Apple to reach its ambitious carbon-neutral goal by 2050.
In 2019, the city took a monumental step by enacting Local Law 97, a visionary piece of legislation aimed at curbing emissions from buildings larger than 25,000 square feet. With 2024 as the deadline for meeting new greenhouse gas emission limits and even stricter guidelines slated for 2030, the city is on a mission to slash emissions from its colossal structures by 40 percent within the next decade and a staggering 80 percent by 2050.
As the concrete behemoths grapple with these aggressive sustainability targets, the real estate sector finds itself at a crossroads. With nearly 50,000 properties facing scrutiny, innovation is the need of the hour. The era of traditional practices is fading, making room for sustainable options that not only comply with carbon caps but also embrace new energy-efficient requirements.
According to the Q1 2023 Multifamily Real Estate Report on MyeListing, New York City stands as the most populous city in the United States. With a whopping 65,618 new multifamily units under construction in the first quarter of 2023, the city is in dire need of solutions that reconcile safety, quality, and sustainability. The question arises: Can buildings be both secure and sustainable? iLOQ confidently answers with a resounding “Yes.”
iLOQ has been a formidable force in the locking industry for two decades, disrupting conventions with its battery-free electronic smart-locking solutions. Operating in 30 countries across Europe, Australia, the Middle East, and Southeast Asia, iLOQ’s commitment to sustainability is evident in its portfolio of battery- and cable-free, keyless solutions. What’s more, they have seamlessly integrated an ANSI-compliant product family tailored for the North American market.
Unique to iLOQ’s revolutionary solution is the programming of access rights using cloud-based software, sent as ‘phone keys’ in real-time to the iLOQ app on a resident’s smartphone. This not only ensures a high level of security but also offers unparalleled flexibility. Access rights can be updated as tenants move in and out, and, in the blink of an eye, immediately canceled. No more anxieties about lost, stolen, or unreturned physical keys.
The magic lies in the fact that the power needed to recognize access rights and unlock doors comes directly from the resident’s smartphone. Yes, you heard it right—no batteries, no cables, and no physical keys. This breakthrough doesn’t just enhance security; it’s a game-changer for the environment. iLOQ’s battery-free technology eliminates over 220,000 pounds of unrecyclable battery waste and eliminates the time, costs, and environmental impact associated with replacing batteries.
Joni Lampinen, General Manager of iLOQ USA, proudly asserts, “iLOQ provides the most secure and sustainable solutions in the market. With iLOQ, a smartphone acts as both a key and a power source—no batteries, cables, or physical keys are needed. Our smart cylinders are easy to retrofit; there’s no need to replace doors or change your existing infrastructure. We are confident that our solutions will help New York City’s multifamily properties meet the aggressive sustainability targets of Local Law 97.”
In a city that never sleeps, the quest for a greener tomorrow is gaining momentum. iLOQ’s innovative smart locks offer a blueprint for a future where security and sustainability coexist harmoniously. As New York City marches toward its carbon-neutral destiny, the towering structures that define its skyline can now become beacons of hope for a world eager to embrace a more sustainable future.
Sources:
Q1 2023 Multifamily Real Estate Report, MyeListing
NYC.gov
iLOQ USA
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