New York Local Law 97 Is Now in Effect: Are Your Buildings Compliant?
Buildings account for nearly 70% of New York City’s carbon footprint. To address climate change by reducing greenhouse gas emissions, New York City adopted New York Local Law 97 (LL97), which took effect January 20, 2024. LL97 established carbon emission caps for large buildings in New York City and is expected to apply to some 50,000 properties. The goal of LL97 is to reach a citywide emissions reduction of 40% by 2030 and 80% by 2050 compared to 2006 baseline levels.
Weaver’s professionals answer commonly asked questions about LL97, including how to comply with the new requirements.