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.
HABITAT
“Local Law 97” returned 1 article
Back to Archive-
ArticleTopicsColumn TypeIssue
-
Fines or Retrofits?
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!