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Owners get more climate protection law details ahead of 2024 deadline.
The DOB recently issued draft regulations to implement Local Law 97 of 2019 (LL97). In 2019, the City Council passed LL97 with ambitious goals to tackle climate change by putting carbon caps on the city’s buildings, the biggest source of greenhouse gas emissions. Since the passage of the law, however, there has been little guidance until now on how owners could achieve the aggressive targets set in the law.
