KNOW All ABOUT NYC LOCAL LAW 97

If you own a commercial property or co-op building in New York City, you need to be aware of NYC Local Law 97 (LL 97). Enacted in 2019, this law establishes strict standards for reducing greenhouse gas emissions in large buildings across the city. Here's a straightforward guide to help you understand LL 97 and how to comply with it.

What is Local Law 97?

LL 97 is a key component of the NYC Climate Mobilization Act, aiming to cut carbon emissions from buildings larger than 25,000 square feet. These buildings must reduce emissions by 40% by 2030 and 80% by 2050. The law divides these reductions into two phases, starting in 2024 and getting more stringent in 2030.

Why was Local Law 97 Created?

Part of NYC’s Green New Deal, LL97 addresses the city's commitment to combat climate change by significantly decreasing building carbon emissions. It is the most extensive climate legislation of any city globally, focusing on improving energy efficiency in residential and commercial buildings.

What are the Goals of LL97?

Reduce Greenhouse Gas Emissions: Buildings contribute over 70% of NYC's emissions, surpassing even transportation. Local Law 97 aims to cut this significantly.

Promote Energy Efficiency: Building owners must invest in energy-efficient measures, like upgrading systems, improving insulation, or using solar energy, reducing costs and stress on the power grid.

Improve Air Quality: Lowering building emissions will enhance air quality, particularly by decreasing the burning of fossil fuels for heating and electricity.

Enhance Climate Resilience: Energy-efficient buildings contribute to a more resilient city against climate change effects like storms and heatwaves.

Building Requirements under LL 97:

Most NYC buildings over 25,000 square feet must meet new emissions caps by 2024 and stricter caps by 2030. Emissions limits vary based on building types. Annual reports must be submitted from May 2025 onwards, facing penalties for non-compliance.

Compliance Timelines

First Compliance Period (2024-2029): Initial reporting begins in 2025 for the year 2024.

Second Compliance Period (2030-2034): Stricter limits come into effect.

Penalties for Non-Compliance

Fines will be imposed, and calculated based on the difference between a building’s emissions limit and actual emissions. Penalties start from 2025, and the Department of Buildings enforces compliance.

Covered Buildings under Local Law 97

LL 97 covers buildings over 25,000 square feet, multiple buildings on the same tax lot exceeding 50,000 square feet, or multiple condo association buildings governed by the same board exceeding 50,000 square feet.

Implications for Building Owners:

Owners need to determine their building’s emissions limit, consider compliance and potential penalties, invest in energy-efficient upgrades, explore financial options, and understand the impact on building valuation.

Solar Energy for LL 97 Compliance:

Installing solar panels is a practical way to comply with LL 97, reducing emissions and providing financial benefits. Solar helps avoid penalties, making it a wise investment for building owners.

Take Action Today:

With the first compliance period approaching, it's crucial to start planning now. Consider installing solar panels to not only comply with LL 97 but also to make a positive impact on the environment and future-proof your building against climate change-related challenges. Schedule a free consultation to get started.