NYC Local Law 97

Are you a New York City building owner struggling to understand and comply with Local Law 97?

We specialize in helping owners and caretakers of commercial buildings and multifamily buildings meet greenhouse gas emissions limits, preventing fines while enhancing the building’s value.
img sg2 navigating NYC local law 97

Navigating NYC Local Law 97

The Climate Mobilization Act of 2019 introduced Local Law 97, one of the most ambitious local law initiatives in the country. This groundbreaking legislation establishes stricter limits on building emissions for most buildings over 25,000 square feet, including multifamily buildings and commercial buildings.
Beginning with the first compliance period in 2024, building owners were required to report their building’s annual emissions to the New York City Department of Buildings. Those that exceed their building’s annual emissions limit face significant penalties. With regulations getting even tighter for the coming 2030 compliance period, proactive measures are paramount.

Ignoring these updated rules can lead to expensive fines and a diminished return on your property. Therefore, the challenge is not just about compliance, but also about finding cost-effective solutions that improve energy efficiency and reduce your overall carbon emissions

Understanding the financial risk of Local Law 97

Noncompliance is a direct threat to your net operating income. For properties considered covered buildings, failure to reduce building emissions will result in significant, escalating penalties that directly impact your budget and asset value.

$28,000+

in potential annual fines for a typical 25,000 square foot building

$1,000,000+

in potential annual fines for a 1 million square foot property

$0.50

per square foot, per month penalty for late reporting alone

Can your budget withstand these penalties?

Get expert compliance and emissions reduction support now!

At Greenwich Energy Solutions, we offer a comprehensive suite of services designed to help you navigate NYC Local Law 97. Our team of experts understands the complexities of the regulations, including rules for the same tax lot or two or more buildings. We provide clear, actionable strategies to help you reduce emissions and meet emissions limits. Our services include:

img sg4 get expert compliance

What sets us apart: A
comprehensive, hands-on approach

More than just consultants, we are your partners in achieving net zero emissions. Our deep knowledge of the New York City buildings landscape and the nuances of Local Law 97 allows us to offer tailored solutions that are both effective and practical.

Our registered design professional works closely with the NYC Department of Buildings to make sure that all our strategies are fully compliant. We focus on long-term sustainability, helping you reduce reliance on fossil fuels and permanently lower your energy costs. We can guide you in understanding and applying for a beneficial electrification credit where applicable.

img what sets us apart

Clients we work with

At Greenwich Energy Solutions, we offer a comprehensive suite of services designed to help you navigate NYC Local Law 97. Our team of experts understands the complexities of the regulations, including rules for the same tax lot or two or more buildings. We provide clear, actionable strategies to help you reduce emissions and meet emissions limits. Our services include:

logo fairstead
logo macerich
logo halstead
logo rose
logo charles h
logo nyu
logo brooklyn law school
logo brown harris stevens

Why NYC's smartest property managers choose us

When it comes to Local Law 97, you need a partner whose only interest is your success. We are that partner. With us, you can expect a comprehensive service that is:

ic independent and unbiased

Independent and unbiased

We don't sell equipment or represent specific vendors. Our only goal is to design the best, most cost-effective strategy for your building.

ic backed by local NYC specialists

Backed by local NYC specialists

Other firms are national. Our expertise is hyper-focused on NYC's unique regulatory landscape, its building stock, and local incentive programs. We know what works for New York City buildings.

ic invested in partnership

Invested in partnership for the long haul

We don't just hand you a report and walk away. We are your dedicated partner from initial audit to project completion, final reporting, and ongoing monitoring for future compliance periods.

Our team: Dedicated experts at your service

Our team comprises seasoned professionals with years of experience in energy management and building efficiency. We have a proven track record of helping building owners across New York City successfully meet their greenhouse gas goals. We pride ourselves on providing personalized attention to every client, whether they manage a single building or a portfolio of multiple buildings under the same board.

Stephen Hughes

Stephen Hughes

President and Chief Operating Officer Stephen Hughes has been with the company since its beginnings in benchmarking and energy audits. A Trinity College alumnus with strong technical and project management skills and extensive experience in data analysis, he provides GES with a detail-oriented approach to project management. Mr. Hughes implemented and standardized many of GES's internal analysis procedures. His efforts have been pivotal in securing strategic partnerships and expanding GES's services to meet the growing compliance needs of the New York City market. With a passion for precise calculation, Mr. Hughes drives the development of GES's core methodologies to ensure cutting-edge accuracy for efficiency projects.

unnamed

Clifford Schorer

Cofounder and Director Clifford Schorer is a serial entrepreneur who specializes in the start-up acquisition and development of small- and mid-sized companies. He focuses on businesses with unique ideas or technologies that require guidance during their initial growth phases. Mr. Schorer has been involved with companies in the high-tech arena, previously serving as CEO of GeoVideo Networks, a Lucent Technologies Venture. His career also spans various industries, from real estate and office supply to healthcare.

During the early 1990s, Mr. Schorer used his entrepreneurial approach to assist Russia's privatization process. He has also delivered lectures in numerous business and academic forums worldwide. Moreover, Mr. Schorer developed financial management software programs for business education through his publishing company, Bized.

Frequently asked questions

1. What is the main goal of NYC Local Law 97?
Local Law 97 is about reducing greenhouse gas emissions from the city’s largest buildings, with a goal of an 80% reduction by 2050 to combat climate change.
Building owners who fail to meet the emissions limits can face significant fines. However, you may demonstrate a good faith effort to comply, which could lead to a reduction or waiver of penalties.
A beneficial electrification credit is a financial incentive awarded to building owners who replace fossil fuel-based systems with electric-powered ones, such as installing a heat pump instead of traditional air conditioners and furnaces.

Local Law 97 applies to most buildings over 25,000 square feet. It’s crucial to conform to this law if your property is a covered building under the local law’s specific criteria.

The rules for multiple buildings on the same tax lot can be complex. The NYC Department of Buildings may treat them as a single property for emissions reporting, depending on the specific circumstances. It’s best to contact a Local Law 97 expert, such as Greenwich Energy Solutions, to know your specific requirements.

The time to act on Local Law 97 is now

Don't let the complexities of Local Law 97 and the threat of penalties overwhelm you. Partner with Greenwich Energy Solutions to develop a clear, effective plan to meet your emission reduction goals, improve your energy efficiency, and secure a more sustainable future for your property.

team img

Brian Casey

Director

Brian Casey is a leading expert in the energy utility industry with over 25 years of experience.

As the founder and CEO of SourceOne, he steered the company's overall management, strategy, and technical advancements. His remarkable achievements include securing equity investments, establishing regional offices, acquiring complementary businesses, and spearheading the development of award-winning sustainable energy projects for SourceOne's diverse clientele. Under his guidance, the company secured high-profile, multimillion-dollar contracts for energy efficiency and infrastructure improvements across private and public sectors. SourceOne was acquired in April 2007 by Veolia Energy. Mr. Casey continued to grow the company over the next several years, delivering double-digit growth in both revenue and earnings, ultimately creating significant shareholder value.

Mr. Casey then cofounded SourceGreen, an industrial-scale solar energy development company that successfully permitted 6.5 megawatts of rooftop solar. SourceGreen was acquired in April 2012 by NextSun Energy.

Driven by his commitment to advancing the energy sector, Mr. Casey has actively contributed his expertise beyond his own ventures. He has served on the boards of prestigious institutions such as NYU-Poly Enterprise Learning program and the Massachusetts High Technology's Energy & Environmental Stewardship Council. Currently, he lends his guidance to the boards of Cantega Technologies and Greenwich Energy Solutions.