Search Results: local law 97

New York City Council Passes Major Amendment to Local Law 97 Affordable Housing Provisions

On October 29, 2020, the New York City Council passed Int. No 1947-A—a bill that significantly amends the affordable housing provisions of Local Law 97 of 2019 to require more buildings to meet greenhouse gas emissions caps. Local Law 97 and the technical amendments in Local Law 147 of 2019 require most new and existing…

NYCDOB to Issue Local Law 97 Adjustment Guidance in January 2021  

Gina Bocra, the Chief Sustainability Officer for the New York City Department of Buildings (NYCDOB), recently announced that in January 2021, the agency expects to issue guidance on the process for obtaining an adjustment to buildings’ greenhouse gas emissions caps under Local Law 97 of 2019 (as amended through Local Law 147 of 2019). Such…

New York City Council Considers Amendment to Local Law 97 Affordable Housing Provisions

On May 28, 2020, New York City Councilmember Costa Constantinides, among others, introduced a bill—Int. No 1947—to significantly amend the affordable housing provisions of Local Law 97 of 2019. Local Law 97 and the technical amendments in Local Law 147 of 2019 require most new and existing buildings in New York City over 25,000 gross…

“Local Law 97 – Legal, Technical and Financial Risks Uncovered,” Panelist

NYC Local Law 97 Advisory Board Established, With Expert Working Groups Coming Soon

Implementation of New York City’s groundbreaking Building Emissions Law (Local Law 97 of 2019) is underway. On December 19, 2019, Mayor Bill de Blasio and City Council Speaker Corey Johnson announced the appointment of 15 Advisory Board members who will assess and report on over 20 aspects of the Law, with the help of expert…

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