Local Law 97, New York Mandates a Greener State
The Climate Mobilization Act, NYC Local Law 97 (LL97) became law in May 2019. This environmental law mandates reductions in carbon emissions from buildings in New York City starting in 2024. It also adds a requirement to report annually on a building’s carbon emissions. This new law covers both new and existing commercial buildings larger than 25,000 square feet, or groups of two or more buildings with a total area of more than 50,000 square feet if they are under the same tax lot or part of the same condominium project. The carbon emission targets vary based on the occupancy class of the building and are calculated by the square footage of the building. These building carbon emission targets are going to decrease over time in two stages. The first stage, from 2024 to 2029 has been set based on annual energy benchmarking data to affect only the top 20% of carbon emitters. The second stage, from 2030 to 2034, reduces the emissions caps to impact 75% of all buildings. Unlike pr...