NYC Building Owners and Operators Guide to Local Law 97
The real estate sector is under scrutiny for being a leading contributor to global greenhouse gas emissions, accounting for a staggering 40% of those emissions.
Surpassing both the transportation and industrial sectors, the construction and operation of real estate contribute significantly to our planet’s carbon footprint. As the demand for real estate continues to surge, so does the urgency for sustainable practices and innovative solutions.
In New York City, buildings are responsible for almost 70% of all greenhouse gas emissions. As such, NYC has elected to implement the ambitious Local Law 97 (“LL97”) to improve energy efficiency in an effort to achieve the city’s carbon reduction goals.
Your Path to Compliance
To help building owners and operators navigate the intricacies of Local Law 97, we’ve created a helpful guide that includes:
- What Is Local Law 97?
- To Whom Does Local Law 97 Apply?
- When Will Local Law 97 Take Effect?
- How Are Local Law 97 Penalties Calculated?
- Strategies for Emission Reduction
- The Benefits of Achieving Compliance
- Legacy Leases and LL97
- Public Resources for Building Owners and Operators