Local Law 97

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Need-To-Know Particulars

Local Law 97 aims to reduce emissions
in New York City by 2030. Make sure your condo
or co-op building is ready for the challenge.

Harlem Property Management Keeps Your New York City Building Compliant

It’s time to make sure your building meets all energy efficiency standards and falls within the greenhouse gas emission requirements that Local Law 97 sets forth. The limits will only get stricter in 2030. Let’s make sure you’re prepared for them right now and the future.

Understanding Energy Usage

 

You won’t know if your building needs retrofits to come into compliance with LL97 unless you know how much energy your NYC condo or co-op is actually using. Contract with a certified expert, architect, or energy consultant to become informed.

The emissions and energy usage that your building is permitted will depend on a number of things, including occupancy types.

Whether you need minor adjustments or a major retrofit, it starts with evaluating your current energy usage, and HPM can help you gather that data.

Choosing Retrofits and Upgrades

 

How much energy are you currently using?

Who are the residents in your building? Are there any retail operations on the ground floor?

What are the priorities of your condo or co-op board?

These are the most important questions you must ask before you decide on retrofits that will bring you into compliance.

When budget is a factor, start with easy steps like updated light bulbs and better insulation. Look for funding and support from the city. We can help you apply for credits and adjustments that may make a difference.

Avoiding Local Law 97 Fines

 

This is an important local law to comply with, not only because you want to be a good steward of the environment, but also because there are fines and penalties if you’re not in compliance.

Reporting deadlines will begin in May of 2025, so you’ll want to have your work done by then, and you’ll want to be able to provide proof of compliance in order to avoid fines and penalties from The Department of Buildings.

Compliance tools are available from The Department of Buildings, and we can help you track your progress while focusing on the work that still needs to be done.

HPM is Your Local Authority on Local Law 97

Located in Upper Manhattan, Harlem Property Management is the trusted leader and foremost authority on NYC condo and co-op buildings and property management. We’re a member of the Real Estate Board of New York (REBNY), and our talented and professional team specializes in managing condominiums, and co-ops buildings throughout New York City. We know that the laws are changing rapidly in New York, especially when it comes to sustainability and all of the state and local carbon-neutral initiatives. It’s good for your building, it’s good for the community, and it’s good for the future, but it’s a lot to keep up with. Partner with our team, and we’ll make it easier to navigate the requirements.

Whether you’re on the condo board of your building, part of a co-op, or interested in keeping New York’s buildings more sustainable, get in touch with us today to talk about how we can facilitate better building management.

Working Towards Sustainability: Expert Help with New York’s Local Law 97

How to Know Your Building Is Affected by Local Law 97

 

You’ll know that you’re required to comply with Local Law 97 when you take a look at the building records that The Department of Finance holds pertaining to your property.

In order to be impacted by this law, your building:

  • Will be 25,000 gross square feet or larger.
  • You have two or more buildings on the same tax lot and together they exceed 50,000 gross square feet.
  • The same board of managers governs two or more condo buildings that exceed 50,000 gross square feet.

There are exceptions to this law, of course, but most of those exceptions will apply to industrial buildings. Residential buildings are almost always going to have to pay attention to Local Law 97 and its requirements.

HPM

Why Work with Harlem Property Management?

We know the pressures faced by condo boards and co-op management teams. There are a lot of competing priorities to juggle and an endless stream of paperwork, filing deadlines, and legal requirements that need to be met.

We take some of that burden off your collective plate, and deliver a management experience that enhances the success of your community and the satisfaction of your residents.

We also reduce your risk. When you work with HPM, you leverage our resources, our technology, our experience, and our expertise. We know Local Law 97 and all the laws that impact how you manage your building.

Get to know us and what we can do for you.

306 West 116th Street

Harlem Property Management is a rare breed for management companies in NYC. They are responsive, attentive, keep their buildings in great condition AND easy to work with. As a real estate broker, I’ve worked with Greg and team on multiple transactions in buildings they represent, and it’s consistently an efficient and positive experience.

Vanessa V.

Let’s Work Together

If you’re uncertain about Local Law 97 and what it means for you and your building, this is an excellent time to leverage our professional and proactive property management services. The deadline for compliance is coming quickly, and The Department of Buildings has urged everyone involved to prepare sooner rather than later. Let’s make sure you’re ready to file the right report in 2025.

Access our Services for:

  • Collecting retrofit bids
  • Evaluating energy usage
  • Communicating with residents
  • Supporting board members
  • Resolving disputes
  • Accounting management

Contact us today for a consultation and learn
how we can improve your property's performance.

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