New Local Law 97 rules offer incentives for NYC buildings pursuing decarbonization retrofits, outlining good faith efforts, emission credits, and compliance measures.
New Local Law 97 rules offer incentives for NYC buildings pursuing decarbonization retrofits, outlining good faith efforts, emission credits, and compliance measures.
420 Beekman Hill co-op pioneers large-scale heat pump tech to meet Local Law 97 emission goals, using Con Ed and NYSERDA incentives.
Co-op and condo boards are concerned about reducing energy consumption to comply with Local Law 97 by 2024 to avoid fines. Switching to electric boilers and LED lighting are common strategies, but the costs can be significant. Many boards are considering whether it is more cost-effective to pay fines or invest in energy-efficient upgrades.