Energy is one budget item that NYC co-ops and condos can lower, and the articles here will give you ideas on how to do that. Plus, New York City has passed an ambitious set of laws that requires buildings to reduce their carbon emissions over the next decade, and all buildings will have to comply. For co-ops and condos, this means taking action now.
March 04, 2025
The DOB will also hold a series of webinars to help boards comply with Local Law 97.
February 21, 2025
New York City could lose up to 19,300 homes in the next 15 years.
January 31, 2025
President resists an electric grid powered by renewable energy instead of fossil fuels.
January 10, 2025
J-51 and property tax relief could help pay for clean-energy retrofits.
Written by Emily Myers on December 11, 2024
City Council passes new legislation allowing co-ops and condos to apply for tax breaks for major building renovations.
December 10, 2024
Donald Trump's looming second term as president is already chilling renewable energy.
Written by Emily Myers on November 29, 2024
Replacing electric baseboards with heat pumps is a win for shareholders and the planet.
Written by Emily Myers on November 27, 2024
An 11-story Upper West Side co-op is installing heat pumps in the basement to generate domestic hot water, reducing emissions and taking pressure off the aging boiler, with the help of The Folson Group.
Written by Emily Myers on November 20, 2024
205 Hicks St. in Brooklyn Heights has replaced an aging oil-fired boiler with energy-efficient electric heat pumps, eliminating carbon emission penalties and providing shareholders with comfortable heating and cooling, while also saving money on electricity.
Written by Emily Myers on November 13, 2024
Cabrini Terrace, a 217-unit co-op in Manhattan's Hudson Heights, has restored their original steam heating system to its former glory, shaving 15% off the building's gas usage, and is exploring further ways to lower their penalty exposure.