Local Law 97 mandates that all New York City buildings above 25,000 sq. ft. comply with energy efficiency standards by 2024 or face fines which incrementally increase. Perhaps you’ve already budgeted for an analysis of what it will take to lower your buildings’ carbon emissions. You’re still probably going to need a loan for the …
Need a Building Loan? Here’s What Banks Look For Read More »
This midterm election, New York State has put a proposition (prop 1) on the ballot known as the “Clean Water, Clean Air, Green Job Environmental Bond Act of 2022.” This act involves selling $4.2 billion worth of bonds in order to invest in our infrastructure to both protect against climate change and reduce carbon emissions. …
Building Improvement Incentives are on the Ballot Read More »
If you own property in New York City, you know the headache of having to instate ad-hoc solutions to persistent structural problems due to budget constraints. Local Law 97 is calling on NYC building owners to make improvements that reduce emissions or face fines. Though daunting, LL97 is an opportunity for NYC building owners to …
Why NYC Building Owners Should Invest in a Retrofit Now Read More »
