NYC’s New Climate Mobilization Act

On April 22nd, 2019 Mayor DeBlasio signed into law the Climate Mobilization Act (CMA), affecting all buildings over 25,000 square feet throughout New York City. This is the City’s third significant piece of legislation designed to reduce Greenhouse Gas Emissions in New York City by 80% by the year 2050. The CMA follows “plaNYC2030” in 2011 which eliminated #6 oil and spurred the oil-to-gas conversions in NYC buildings, and the “oneNYCplan” in 2015, which introduced Local Law 84 (Benchmarking) and Local Law 87 (Energy Audits and Retro-commissioning), both designed to further incentivize buildings to reduce their energy consumption and carbon emissions.

The first year of enforcement is 2025, and will be based on each building’s energy usage in 2024, compared to a citywide baseline of 2005. Most buildings will require significant capital expenditures to become compliant with these new regulations. In an effort to help building boards and owners finance these upgrades, the New York City Energy Efficiency Corporation (NYCEEC) is creating a low interest, long-term funding program that will hopefully be available to all housing sectors.

It’s imperative that all buildings begin now—if they have not already—to learn about their current energy efficiency level and to plan and begin to implement a long-term strategy of compliance in order to avoid paying fines when the enforcement period begins in 2025. Every CMA Plan should begin by reviewing the building’s LL84 Benchmarking report, which will reveal its EnergyStar score and upcoming Letter Grade, which will be issued in 2020. By verifying the parameters used in the Benchmarking report, buildings can be sure that the score is accurate; scores take into account number of units, number of bedrooms, square footage and other facts about the building, so it’s important to be sure the City has the correct information. Each building’s Energy Audit and Retrocommissioning Report also includes a series of Energy Reduction Measures, with projected savings, estimated budget, and payback period. This is a key list of where to begin to reduce energy consumption and improve the building’s score.

We will keep all of our properties apprised of the ongoing developments of the Climate Mobilization Act. The goal of reducing emissions is a worthy one, but it will certainly take time, effort and significant investment. At DEPM, we will work continuously with our building boards and owners to help meet these requirements as they continue to evolve.

For more information on this legislation, visit this link:

Climate Mobilization Act

Multifamily Solar Array

It’s imperative that all buildings begin now—if they have not already—to learn about their current energy efficiency level and to plan and begin to implement a long-term strategy of compliance in order to avoid paying fines when the enforcement period begins in 2025.

 

Take the Carbon Challenge And Help Reduce Greenhouse Gas Emissions

Launched in 2007, the City’s ambitious PlaNYC program laid out long-range plans for improving the quality of life in New York City. In the years since, huge strides have been made toward achieving many of these goals, from cleaner air to more comprehensive recycling. An important part of this plan is the “NYC Carbon Challenge,” whose goal is to reduce greenhouse gas (GHG) emissions by 30 percent by the year 2030.

Residential buildings are the largest single contributor to the City’s GHG emissions, accounting for 37 percent. As leaders in our industry we recognized our responsibility to advocate for positive change in the City, and Douglas Elliman Property Management became an active Participant in the Carbon Challenge.

Since joining the program in January, we have embarked on meeting the Multi-Family Property Challenge goal of reducing emissions by at least 30 percent over ten years in at least 15 of our managed properties. We expect to far exceed that goal, and are already well on our way as more of our clients recognize the impact they can have in creating cleaner, safer air.

Nearly a year ago, DEPM was recognized by the NYC Clean Heat program, another facet of PlaNYC, for converting over 75 percent of our managed properties to cleaner fuel. As one of the few property management firms on the Clean Heat Task Force, we have worked hard to convert our properties from highly polluting No. 6 and No. 4 fuel oil to cleaner sources of heat, such as No. 2 oil, natural gas, biodiesel or steam. Not only are these buildings helping to improve the air quality in their neighborhoods, but in many cases they are saving money as well.

There is plenty that multi-family buildings can do to help make the Mayor’s Carbon Challenge a reality. Start by visiting the website at http://www.nyc.gov/html/gbee/html/challenge/multifamily-buildings.shtml and download the Handbook for Co-ops and Condos at http://www.nyc.gov/html/gbee/downloads/pdf/handbook_for_co-ops_and_condos.pdf for tips on the benefits of conservation, and how to make changes in your building that will save both energy and money.

Properties that participate in the program will receive a free mini-energy audit to help them get started. For more information, please call our in-house expert Vice President + Architect Peter Lampen at 212-370-9200 or email peter.lampen@ellimanpm.com.

Help build a cleaner New York City: Take the Carbon Challenge!

Visit nyc.gov and download the handbook to learn what Co-op and Condo owners can do to help reduce carbon emissions and improve the City's air quality.

Visit nyc.gov and download the handbook to learn what Co-op and Condo owners can do to help reduce carbon emissions and improve the City’s air quality.