Search Results: local law 97

“Affordable Housing and Climate Mitigation in New York City: Compliance and Financing Options for Building Owners Under Local Laws 97 and 116,” Co-Author

SPR Attorneys Explain the NYC Building Emissions Law

Sive, Paget & Riesel has been closely tracking the early implementation of the New York City Building Emissions Law (Local Law 97 of 2019), which the City Council passed in April 2019 and amended in July 2019 via Local Law 147 of 2019.  The Law requires most buildings over 25,000 gross square feet to meet…

Covered New Jersey Buildings Must Meet New Benchmarking Requirement By December 31

December 31, 2023 marks the final deadline for compliance with the first year of New Jersey’s building energy and water benchmarking law. The New Jersey Board of Public Utilities (NJBPU) issued an order in compliance with the New Jersey Clean Energy Act of 2018 requiring the owners and operators of commercial and certain multi-family residential…

City Planning to Hold Public Hearing on the City of Yes for Carbon Neutrality Proposal

On July 26, 2023, the New York City Planning Commission (CPC) will hold a public hearing on the proposed zoning text amendment known as the City of Yes for Carbon Neutrality (COYCN). The proposed amendment aims to modernize the City’s Zoning Resolution to facilitate renewable energy development, building decarbonization, and electric vehicle (EV) charging deployment….

New York State’s FY 2024 Budget Includes Decarbonization and Renewable Energy Investments But Lacks Gov. Hochul’s Housing Plan

On May 3, 2023, New York Governor Kathy Hochul announced the highlights of the approved Fiscal Year 2024 state budget, including numerous investments in decarbonization programs and renewable energy development. Notably absent from the budget are the elements of Governor Hochul’s housing plan, which included a commitment to build 800,000 new units in a decade…

NYC’s Natural Gas Ban Intends to Speed Up Building Electrification

In the waning days of its 2021 legislative session, the New York City Council passed a new law limiting the use of carbon intensive fuels in future building construction. Passed by the City Council on December 15 and signed by outgoing Mayor Bill De Blasio on December 22, Local Law 154 seeks to address the…