What is NYC Local Law 97, and How do I Comply?
In the face of a worldwide push to keep increases in global temperatures below 2C, NYC is doing its part through the passage of Local Law 97. The purpose of LL97 is to reduce NYC’s carbon emissions in its largest buildings by 40% by 2030 and 80% by 2050. The new law directly affects owners of both commercial and residential buildings over 25000 sq ft. in size including rent controlled buildings with less than 35% rent regulated units. Comprehensive information on LL97 can be found at the New York State website . It is the responsibility of every building owner or manager for directly understanding whether their buildings are affected and if so, ensuring they comply. What do you need to do? If you have determined that your building is affected by Local Law 97 you will have to file an annual Greenhouse gas emissions report . This report will explain the building status with respect to LL97 and if your building exceeds the maximum allowable greenhouse gas emission level, you will