NYC Local Law 97
Are you a New York City building owner struggling to understand and comply with Local Law 97?
Navigating NYC Local Law 97
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:
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Compliance Strategy
We develop a detailed plan to meet current and future stricter limits for your property. -
Energy Audits
Our specialists assess your current energy usage and identify opportunities to improve energy efficiency and reduce energy costs. -
Retrofit & Implementation
We manage the installation of new, energy-efficient systems, from insulation and lighting upgrades to advanced HVAC systems. -
Alternative Compliance Pathways
Together, we explore options such as distributed energy resources or securing tax credits and financial incentives to offset costs.
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.
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:
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:
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.
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.
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
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.
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?
2. What if I can't meet my building's annual emissions limit?
3. What is a beneficial electrification credit?
4. Does LL97 apply to my building if it's over 25,000 square feet?
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.
5. What happens if my building is on the same tax lot as other buildings?
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.