The City of Yes for Housing Opportunity expands the pool of office buildings that may be converted to housing. Conversion was previously allowed in central business districts for office buildings built before 1961 (or 1977, for certain districts). Now it is allowed for buildings built before 1991, …Read More
The local laws for lighting upgrades and submetering are coming into effect, January 1, 2025. Per Local Law 88 of 2009, and Local Laws 132 and 134 of 2016, buildings over 25,000 square feet must have the following: Lighting that is compliant with current energy code. Submetering for all tenant …Read More
Buildings account for the bulk of New York City’s greenhouse gas emissions. As part of its commitment to reduce citywide emissions by 80 percent in 2050, the city passed Local Law 97 of 2019. It affects buildings over 25,000 square feet. These “covered buildings” must report their …Read More
New York City has proposed rules for its greenhouse gas emissions law, Local Law 97 of 2019, that would allow for “Good Faith Efforts” to mitigate penalties for exceeding emissions limits. Good Faith Efforts would require submitting the building emissions report on time on May 1, 2025, …Read More
The New York City Department of City Planning now has an Office Conversion Accelerator program to act as a single city government contact for owners that are considering office-to-residential conversion projects. This applies to conversions that would provide 50 units of housing or more, and is in …Read More
Most buildings in the City that are over 25,000 square feet are subject to annual benchmarking (Local Law 84 of 2009, and its amendment Local Law 133 of 2016), energy audits and retro commissioning every decade (Local Law 87 of 2009) and will soon be subject to …Read More
