Aug. 16, 2023 By Ben Brachfeld and Christian Murray The city’s landmark building emissions law, Local Law 97, is set to go into effect next year, and the complex rule-making process has set off a frenzy of lobbying activity aimed at influencing and potentially weakening the statute aiming to help combat climate change. Local…
Tag: penalties
THE COSTS OF CHANGE: NYC co-op and condo owners face expensive dilemma in upgrading buildings to meet new climate law
Jul. 26, 2023 By Christian Murray, Michael Dorgan and Sarah Belle Lin New York City condo owners and co-op managers may soon learn that there are other major costs to climate change beyond hotter summers, stronger storms, flash floods and apocalyptic smoke. Time is running out for the owners of large residential buildings throughout…