Owners facing $20B bill to meet climate change laws
The city's new carbon emissions laws are set to cost the real estate industry some $20 billion over the next decade.
Tag : Local Law 97
Preparing your building to meet Climate Mobilization rules
By James Nelson and Terri Gumula, Avison Young While the commercial industry was focused on the changes to rent regulations in Albany last spring, the New York City Council passed the Climate Mobilization Act, a set of highly ambitious climate change laws that will significantly affect owners of commercial real...