8.30.19 – How does Intro 1253 connect to local green jobs?

Intro 1253 was passed by the City Council this past April as part of the Climate Mobilization Act. The bill requires most buildings in the city 25,000 square feet or larger to cut their carbon footprint 80 percent by 2050, primarily (to my understanding) by lowering their energy usage.

The legislation’s lead sponsor was Costa Constantinides from Queens. I recently sent questions to his office asking how the bill connects to local green jobs. A spokesperson sent back the following responses (in italics):

What are some of the key kinds of manufacturing and/or work that needs to be done to conform to Intro 1253? 

In general, buildings 25,000 square feet have to be retrofitted to reduce their carbon emissions to a certain number, which is determined by the building class. The Office of Building Energy and Emission Performance is in the process of being established within the Department of Buildings to determine what exact kind of work a certain building must to in order to hit its emissions target. Most landlords – with the exception of buildings with rent-stabilized units – don’t have a prescriptive list of upgrades, but those can include: double pane windows; energy efficient lighting; replacing bathroom aerators; sub meters in apartments; and thermostatic valves on every radiator…

The upgrades must be done to any building that’s 25,000 square feet or larger, of where there are a little more than 50,000 in New York City. Those are spread throughout the city; a map showing how compliant an affected building is can be found here: https://energy.cusp.nyu.edu/#/

Why is the legislation necessary?

…70% of New York’s annual greenhouse gas emissions come from the 1 million buildings in New York City. Buildings 25,000 square feet or larger, the ones impacted by this bill, account for 30% of the City’s total greenhouse gas emissions every year. We needed to get reductions out of these buildings because they are one of the largest drivers of carbon emissions.

Jobs and cost:

The Urban Green Council estimates that, over the lifecyle of Intro. 1253, the law will generate 141,000 jobs as well as $20 billion in economic activity. In short, this is the downpayment on a greener economy.

A separate bill was passes alongside this one to establish a PACE financing system, which will provide owners with low- or no-interest loans to make the upgrades. There are also a series of currently underused grants to cover the cost of doing the upgrades.

Are there specific industries or companies that locals can reach out to, or encourage our elected officials to reach out to, to encourage local green job creation?

Recently, we’ve been working with the Queens Chamber of Commerce to set up seminars and discussion panels where we connect entrepreneurs and energy consultants with property managers. I think that, in these events, we’re seeing the seeds of a new industry grow in New York City that will be a key driver of job creation over the next decade.

— Posted by JVS on 8.31.19, backdated to 8.30.19

 

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8.7.19 – Review: the Climate Leadership and Community Protection Act (CLCPA), the Climate Mobilization Act, and Intro 1253

Below are some key points from two recently enacted bills, and one enacted legislative package, requiring greenhouse gas emission reductions in New York City and New York State:

  • The Climate Mobilization Act
  • Intro 1253
  • The Climate Leadership and Community Protection Act (CLCPA)

Related: 

  • Jobs and Intro 1253 – A study on the job creation potential of Intro 1253 was put together by ALIGN, a coalition in support of the legislation. The study’s key finding: “Intro 1253 will create or sustain more than 23,627 jobs per year as NYC’s large buildings reduce their emissions.” 
  • Jobs and the CLCPA – A study on the job creation potential of the Climate and Community Protection Act (CCPA) – legislation that the CLCPA was based on – was put together by the Department of Economics and Political Economy Research Institute (PERI) at the University of Massachusetts-Amherst. Similar to ALIGN, I would characterize PERI as being strongly supportive of the CCPA. I’m under the impression that its findings regarding the CCPA would largely hold true for the CLCPA. The study’s key finding: “Making the large-scale investments in clean energy projects capable of achieving the 50 percent emissions reduction target by 2030 will generate between 145,000 and 160,000 jobs per year in the state.” Additionally, here are notes from a conversation about the CCPA with another supporter and activist, Stephen Edel.

Continue reading “8.7.19 – Review: the Climate Leadership and Community Protection Act (CLCPA), the Climate Mobilization Act, and Intro 1253”

5.30.19 – Opinion: It’s a great time to call for green jobs in Sunset Park

Environmental advocates have spent decades pushing our society to transition to a low-carbon, sustainable future, but the issue got a major boost last year following the release of a shocking United Nations report on the scale of the climate change problem, coupled with NYC Congresswoman Alexandria Ocasio-Cortez’s call for a Green New Deal.

I’m hardly an expert on this topic, but the below assumes two points that seem to align with what I’ve read: Seeing the green transition through will a) require a large expansion of green jobs, including the manufacture of everything from solar panels and wind turbines to building insulation and electrified stoves, buses and home heating systems; and b) supportive government legislation that will make the transition legally mandatory and economically viable.

Manufacturing requires space – and Sunset Park’s industrial waterfront has lots of it. What’s more, the city has already passed a potentially major green jobs bill (Intro 1253), and other legislation could emerge at the state and federal level. In short, now is a great time to push for green jobs on the waterfront. Continue reading “5.30.19 – Opinion: It’s a great time to call for green jobs in Sunset Park”

5.26.19 – Waterfront issues summary (Updated)

More detail on the below topics is available here. A summary is below. CB7 could investigate these questions using official letters from the board, and by hosting committee meetings. Alternatively, a group of community members could collectively send requests for information to city agencies, experts, activists and private actors, and share what they learn publicly.

Topic: Promoting local green jobs

  • CB7 and other community actors could engage office holders and activists, including UPROSE and other members of the Climate Justice Alliance, in a public discussion linking new and proposed legislation to local green jobs. Legislation to focus on includes Intro 1253, the Climate and Community Protection Act (CCPA), and the De Blasio administration’s climate agenda. (Also relevant: Zellnor Myrie and Velmanette Montgomery both back the CCPA in the Senate, while Félix W. Ortiz supports it in the Assembly.)   
  • A recent study by the ALIGN coalition found that Intro 1253 will sustain 40,000 jobs annually, including more than 23,000 construction jobs and nearly 17,000 indirect jobs. Could those jobs be brought to Sunset Park?
  • An analysis of the CCPA concluded that the legislation would “generate between 145,000 and 160,000 jobs per year in the state.” Could any of those jobs be brought to Sunset Park?
  • What Sunset Park properties are now our could be viable for green jobs? What opportunities exist at BAT and Bush Terminal Campus? What options exist at private properties? This includes Liberty View Industrial Plaza and IC (see below), as well as many other smaller properties that are for sale or looking to sign new leases (examples of such properties are here: survey 1, survey 2, survey 3).

Continue reading “5.26.19 – Waterfront issues summary (Updated)”

4.25.19 – Notes from “Constructing a Greener New York, Building by Building”

Excerpts from “Constructing a Greener New York, Building by Building,” a report by the ALIGN coalition that analyzes Intro 1253: 

Every year between now and 2030 Intro 1253 will create or sustain:

23,627 construction jobs – These are direct construction jobs created or supported per year to implement the retrofits.

16,995 indirect jobs – These are jobs created or supported by retrofit investments, including building operation and maintenance jobs, those along the supply chain, manufacturing and professional services.

Energy Efficiency (EE) is a particularly good driver of local job creation, and a significant potential job creation engine for New York City. Energy efficiency doesn’t just require spending money to repair, upgrade, or implement new building systems, but redirects funds from less labor intensive industries and keeps it in our community…

Reducing energy use, including significant waste, not only means good construction and operations jobs, but also results in utility savings that allow property owners and residents to invest in other areas. Additionally, reducing local pollution and extreme heat helps reduce illness, hospitalization, and missed work and school days…

There are roughly 1 million buildings in New York City, most of which must be upgraded to improve energy efficiency, public health, and meet the city’s stated climate goals outlined in OneNYC of an 80% reduction in emissions by 2050. This offers an unprecedented opportunity to introduce a comprehensive economic and jobs package for the city of New York. Reducing energy use would generate billions of dollars in utility bill savings – keeping that money in our communities and paying for the upgrade work in just a few years…

A core goal of the Climate Works For All coalition is that the jobs created should be high-road, family-sustaining, union jobs accessible to those who need meaningful employment the most. Intro 1253 does not require particular labor standards because it is a mandate on the private sector. However, there is a strong opportunity to induce a positive externality in New York City’s construction industry–particularly the unionized construction sector.

Currently, employment in the construction sector is largely sustained by new construction. Retrofits and upgrades to existing buildings, already a significant employment sector if it is counted as one, is shaped by state, federal and utility incentive programs as well as the price of energy and tenant comfort demands. Intro 1253 would dramatically grow that market, just as New York City is experiencing early signs of a downturn in the construction market.

Other works cited in this study: Continue reading “4.25.19 – Notes from “Constructing a Greener New York, Building by Building””

4.24.19 – Study on Intro 1253: “Constructing a Greener New York, Building by Building”

The below report was issued by ALIGN in April, 2019. ALIGN describes itself as, “a longstanding alliance of labor and community organizations united for a just and sustainable New York.”

From ALIGN’s description of the report:

“The New York City Council is considering vital legislation, Introduction 1253, to transform the built environment and grow the energy efficiency industry in New York City by requiring existing large buildings to dramatically reduce their pollution, specifically greenhouse gases, over the next decades leading to 2050. Intro 1253’s mandate will provide a guaranteed 30 years’ worth of work in energy efficiency, creating thousands of new jobs for workers and opportunities for emerging businesses in New York’s green economy.”

It is available on Scribd below and available for direct download here.

 

— Posted by JVS on 4.24.19

4.18.19 – “NYC’s big climate moment”

From an op-ed published in Crain’s New York Business and authored by Nilda Mesa:

New York has about 1 million buildings, of which 90% are predicted to exist in 2050. To substantially cut emissions, the bulk of the reductions must come from them. The council legislation would address 30% of the city’s carbon emissions by mandating emissions caps on buildings larger than 25,000 square feet.

The centerpiece, Intro. 1253, would require these buildings to cut carbon emissions by 2030. It marks the most comprehensive and effective path forward in slashing the greenhouse Gordian knot. Years of technical studies, countless constructive and lively meetings with environmental advocates, engineers, architects, labor, the real estate industry, religious organizations, utilities, community organizations, tenant advocates and other stakeholders—many while I was director of the Mayor’s Office of Sustainability—have led to this bill. It would put the city on the path to achieving its goal of reducing carbon emissions 80% by 2050.

Critics have said the package is onerous and treats commercial spaces with certain use profiles unfairly. In each instance, the legislation manages to thread the needle. Buildings can choose a series of steps, and can either directly reduce energy consumption or purchase renewable energy. The bill also allows for a way to modify emissions caps in specific instances, while keeping the city on track and sending strong market signals to spur innovation…

The market signals sent by this legislation are significant. The largest real estate market in the U.S. will be seeking products and services to cut energy. This demand makes it easier for new technologies and strategies to acquire financing and hire employees. With the size of the New York market, this could transform options for the rest of the nation as well.

As the years go by and buildings and grids become smarter and greener, the burden on owners will lighten. Those who do not take advantage of lower financing and lower costs will pay more than their peers, have lower performing buildings, and pass on those costs to their tenants and customers. The incentives for lower-intensity warehouses are the same as for higher-intensity server farms.

— Posted by JVS on 4.19.19, backdated to 4.18.19

4.18.19 – Press Release: “Council to Vote on Climate Mobilization Act ahead of Earth Day”

The below press release was posted on the website of the New York City Council.

Council to Vote on Climate Mobilization Act ahead of Earth Day

New Bills Will Usher in A Green New Deal for New York CityCity Hall – The New York City Council on Thursday will vote on the Climate Mobilization Act, a groundbreaking package of bills that is one of the most ambitious and innovative legislative initiatives any major city has ever considered to combat the existential threat of climate change. The centerpiece of the package is a bill that will require large and medium-sized buildings, which account for nearly a third of all greenhouse gas emissions in the city, to reduce their emissions 40% by 2030 and 80% by 2050. The very worst performing buildings will have to act by 2024 to curb their emissions.

The Council will also vote on a bill that would require a 5-cent fee be imposed on all paper bags distributed by stores, starting on March 1, 2020. In addition, the Climate Mobilization Act includes a bill that mandates the City study the feasibility of replacing in-city gas fired power plants with battery storage systems powered by renewable sources, a bill to authorize a Property Assessed Clean Energy (PACE) program in the City, and a resolution to calling on the state to deny the Water Quality Certification permit for the construction of the Northeast Supply Enhancement pipeline (also known as the Williams pipeline) through New York Harbor.

Finally, the Council will vote on several finance and land use items.

Climate Mobilization Act

Reducing Greenhouse Gas Emissions

Introduction 1253-C, sponsored by Council Member Costa Constantinides, would mandate that buildings do not emit greenhouse gases at levels higher than the limits set in the legislation. The limits are set based on the occupancy group of the building and are calculated to require emissions reductions from the highest emitting 20% of buildings in each occupancy group for the first compliance date beginning in 2024, and the highest emitting 75% of buildings in each occupancy group for the second compliance date beginning in 2030. The bill would also create the Office of Energy and Emissions Performance within the Department of Buildings (DOB) to oversee the implementation of this legislation, and future bills and policy around building emissions.

Establishing a Property Assessed Clean Energy (PACE) Program

Introduction 1252-A, sponsored by Council Member Costa Constantinides, would establish a Property Assessed Clean Energy (PACE) program in the City. Authorized by state legislation, PACE is a voluntary financing mechanism that enables energy efficiency and renewable energy projects to receive long-term financing for little or no money down. Further, debt service is generally limited to the amount of money saved through the resulting reductions in energy use. With this program, more building owners will be able to make the alterations required to reduce greenhouse gas emissions citywide.

Clarifying the Inclusion of Large Wind Turbines

Introduction 1317-A, sponsored by Council Member Costa Constantinides, would clarify the DOB’s obligation to include wind energy generation in its toolbox of renewable energy technologies. Specifically, it would provide a clear process for the design and construction standards and maintenance and removal protocols for large wind turbines.

Replacement of Gas-Fired Power Plants

Introduction 1318-A, sponsored by Council Member Costa Constantinides, would mandate an assessment by the Mayor’s Office of Sustainability or such other office as the mayor may designate on the feasibility of replacing in-city gas fired power plants with battery storage systems where appropriate powered by renewable sources. Such an assessment shall include when such replacement could take place, and a review of potential technologies for battery storage of energy. The assessment will be part of the long-term energy plan and shall be updated every four years.

Williams Pipeline Resolution

Resolution 845, sponsored by Council Member Costa Constantinides, would call upon the New York State Department of Environmental Conservation to deny the Water Quality Certification permit for the construction of the Northeast Supply Enhancement pipeline (also known as the Williams pipeline) through New York Harbor.

“The City Council is poised to pass some of the most ambitious climate legislation in the world to combat and mitigate the dramatic effects of global warming. There is no time to waste. We have to move away from fossil fuel to save our planet and ensure a better future for our children and grandchildren. But we can not to this alone, and it is the City Council’s hope that other municipalities, big and small, will follow on our footsteps,” said Council Speaker Corey Johnson.

“The Climate Mobilization Act is a down payment on the future of New York City — one that ensures we lead the way in the ever-growing fight against climate change. Today, we sent that message to the world by enacting the boldest mandate to reduce carbon emissions, tackling one of the biggest drivers of climate change. Our legislation represents over two years of engagement with the various communities, industries and everyday New Yorkers impacted by climate change. This historic day would not be possible without the leadership of Speaker Corey Johnson or the support of my colleagues in the New York City Council,” said Council Member Costa Constantinides.

Posting Information on the Installation of Green Roof Systems

Introduction 1031-A, sponsored by Council Member Rafael Espinal, would require the office of alternative energy to post and maintain links on its website to information regarding the installation of green roofs and other resources and materials regarding green roof systems.

Requiring Green Roofs on City Buildings

Introduction 1032-A, sponsored by Council Member Rafael Espinal, would require the inclusion of a sustainable roofing zone (i.e. a photovoltaic electricity generating system or a green roof) in new construction and for buildings undergoing certain major renovations.

“Today, we are passing a bill that won’t just make our skyline prettier – it will also improve the quality of life for New Yorkers for generations to come. My legislation will require green roofs to be installed on new residential and commercial buildings, making New York the largest city in the nation to pass such a law. We’ve already seen the revolutionary benefits of green roofs in action thanks to places like Brooklyn Steel, the Barclays Center, the Javits Center, the USPS Morgan Processing and Distribution Center, and many others. They cool down cities by mitigating Urban Heat Island Effect, cut energy costs, absorb air pollution, reduce storm-water runoff, promote biodiversity, and make our cities more livable for all. I want to thank the advocates who were instrumental in pushing this forward, Council Members Donovan Richards and Stephen Levin for partnering with me on this effort, and Speaker Johnson for his leadership. These bills show that New York will not be idle in the face of an existential threat like climate change. At a time when the federal government is taking us backward, it is up to cities to lead us into a sustainable future. The time to act is now,” said Council Member Rafael Espinal.

Installing Green Roofs on Smaller Buildings

Introduction 276-A, sponsored by Council Member Donovan Richards, would adjust the requirements of Int. 1032-A for smaller buildings and require the Department of Housing Preservation and Development (HPD) to study the implications of compliance with Int. 1032-A on affordability, while also allowing HPD to limit such requirements for certain buildings.

Adjusting Energy Grading Scale

Introduction 1251-A, sponsored by Council Member Andrew Cohen, would address concerns from building owners that say the grading scale of Local Law 33 of 2018 does not accurately reflect a building’s efficiency and may lead to misunderstandings regarding a building’s true efficiency. This bill would call for the adjustment of the grading scale, assigning higher grades to efficient buildings, which they will then be required to post.

“With so many people and cars in NYC, it can be hard to believe that our buildings are the number one contributor of harmful emissions. Bill 1251 is part of a package of bills that will create an energy efficiency grading system for buildings throughout the city. Hopefully this will encourage building owners to make the necessary upgrades to reduce the amount of negative impacts that these large buildings are having on our environment. Thank you to Council Member Constantinides, Chair of the Council’s Committee on Environmental Protection for his determination, and thank you to Speaker Johnson for his leadership,” said Council Member Andrew Cohen.

Green Roof Tax Abatement Resolution

Resolution 66, sponsored by Council Member Stephen Levin, would call upon the State Legislature to pass, and the Governor to sign, legislation that would increase the real property tax abatement for the installation of a green roof to $15 per square foot, which would provide an incentive for property owners to build green roofs.

“The stakes couldn’t be higher when it comes to our environment — I applaud my colleague, Council Member Costa Constantinides, Speaker Corey Johnson, and my fellow Council Members for advancing this much needed package of bills. We need to use every tool in our toolbox to stop the onslaught of climate change, take care of our local communities, and get serious about protecting our environment for future generations. Which is why today’s comprehensive package is so important: it takes a multi-pronged approach that shifts New York City to cleaner energy and greener infrastructure and presents a bold new vision for our city that I am proud to be a part of,” said Council Member Stephen Levin.

Imposing Fee for Paper Bags

Introduction 1527, sponsored by Council Members Brad Lander and Margaret Chin, would require that a 5-cent fee be imposed on paper bags distributed by stores, starting on March 1, 2020. The bill would exempt any customer from paying the fee who uses the supplemental nutrition assistance program, special supplemental nutrition program for women, infants and children, or any successor programs, as full or partial payment toward the items purchased in a covered store.

“Adding a 5-cent fee on paper bags to New York’s new plastic bag ban will dramatically reduce solid waste and make the new policy a genuine win for the environment, and I’m thrilled the Council passed our legislation to be ready for Earth Day. Six years after Council Member Chin and I began this campaign, and two years after Albany pre-empted New York City’s attempt to solve this problem on our own, Albany has finally made the right move for the environment by banning plastic bags statewide. But to truly see a reduction in waste, our policy must encourage people to switch to reusable bags, which everyone can do. I want to thank Speaker Johnson for his strong support of our bill, just one piece of a package of bills passed today that will make New York a greener and more sustainable city, and all of the environmental advocates who fought for many years to finally get rid of plastic bags, and who are as excited as we are to be taking another important step forward for the environment,” said Council Member Brad Lander.

“ As the representative of Lower Manhattan neighborhoods that are still fighting to fully recover from Superstorm Sandy, I am proud to be part of this citywide effort to dramatically reduce waste and combat climate change.This legislation to dramatically reduce paper bag waste will ensure that clogged storm drains, polluted waterways and parkland riddled with non-biodegradable bag waste will be a part of New York City’s past — not its future. While our efforts to create a greener, more resilient City are far from being finished, I am heartened by the process we have been able to make by working together,” said Council Member Margaret Chin.

The Council will vote on the following Article XI property tax exemption at the following location:

Prospect Park South Portfolio
in Council Member Mathieu Eugene’s district will provide a partial, 30 year
exemption, to eight buildings to preserve 384 units of affordable housing.

Finally, the Council will vote on the following land use items:

Blondell Commons

An application for a rezoning, zoning text amendment, and street demapping to facilitate the development of a 172-unit 100% affordable housing project in Council Member Mark Gjonaj’s district.

2069 Bruckner

An application for a rezoning, zoning text amendment, and tax exemptions to facilitate the development of two mixed-use buildings, with 65 affordable homeownership units and 265 affordable rental units, in Council Member Ruben Diaz Sr.’s district

New 322-Seat Primary School

Site selection for a new approximately 322-seat public primary school, located at 250 46thStreet in Council Member Carlos Menchaca’s district.

McDonald Avenue Catering

Zoning map amendment to create a
mixed-use district to facilitate the continued operation of a commercial
banquet facility in Council Member Brad Lander’s district.

###

 

4.18.19 – “NYC passes its own ‘Green New Deal’ in landmark vote”

As reported in Curbed:

The New York City Council passed a pioneering package of bills Thursday that seeks to drastically slash carbon emissions from thousands of buildings across the boroughs—marking a watershed moment in the city’s fight against climate change.

The bundle of six bills, known as the Climate Mobilization Act, is geared toward reducing the city’s planet-warming emissions by setting caps for a variety of building types, with the goal of achieving a 40 percent decrease in greenhouse gas emissions by 2030. Landlords who don’t adapt their buildings will face hefty fines.

The most dramatic measure would require buildings of more than 25,000 square feet—which are responsible for 30 percent of the city’s carbon emissions—to conduct retrofits, such as new windows and insulation, to make those buildings more energy-efficient. The aggressive bill is a crucial step toward protecting the city’s vulnerable costal communities, said the Queens Council member who spearheaded the legislation…

Come 2024, the legislation mandates landlords move toward cutting their building emissions 40 percent by 2030, and would put the city on a path toward reducing its carbon emissions by a whopping 80 percent by 2050. Such efforts are being mulled by states, New York among them, as Congress’s proposed Green New Deal—which seeks to tackle climate change and create high-paying jobs in clean energy—is debated across the nation…

“This is New York’s ‘green new deal,’” said Pete Sikora, the director of climate and inequality campaigns with New York Communities for Change, told Curbed Thursday. “You cannot overstate how big a deal this is, there is no city world wide anywhere that has set emission limits on this scale.”

But Sikora notes that a major challenge will be expanding the mandate to buildings smaller than 25,000 square feet. Measures to do so will have to be more nuanced, so as not to spur rent increases or create unaffordable costs for mom-and-pop landlords, he said.

The act’s passage comes after years of spirited talks among environmental advocates, engineers, architects, and builders, and has faced fierce pushback from heavy hitters in the real estate industry, chiefly among them the Real Estate Board of New York, which argues the legislation places the burden of curbing the city’s emissions on larger properties. In a statement, REBNY president John Banks said he supported the goal of reduced carbon emissions, but called the reforms unbalanced.

“Unfortunately, Intro 1253 does not take a comprehensive, city-wide approach needed to solve this complex issue,” Banks stated. “[The bill] will fall short of achieving the 40 [by] 30 reduction by only including half of the city’s building stock.”

Read the full story here.

— Posted by JVS on 4.19.19, backdated to 4.18.19

4.17.19 – “‘Green buildings’ bill would support over 40,000 jobs per year, report says, landlords call it a cash grab”

As reported by the Daily News:

Environmental advocates backing the “green buildings” bill claim it would boost the city’s employment market with over 40,000 jobs per year in a new report — but landlords contend it’s just more cash from their pockets.

The new findings, released by the Climate Works For All coalition on Thursday, determined 23,627 construction jobs and 16,995 other jobs (such as building operations, maintenance jobs, manufacturing and professional services) would be created or preserved if the Intro 1253 bill passes.

“This study shows that this bill is not only the single biggest thing New York City can do to address climate change, but it will be a huge employment generator supplying steady and consistent work,” said Stephan Edel, Project Director at New York Working Families and one of the report’s authors. “Reducing energy use, including significant waste, means good construction and operations jobs, but also results in utility savings that allow property owners and tenants to invest in other areas.”

But landlords affected by the proposed legislation — which would reduce carbon emissions from buildings over 25,000 square feet by enforcing mandatory retrofitting — feel the new report points to more costs…

The study states that retrofitting — such as window replacements and insulation — will cost roughly $25 per square foot…

Floated just in time to pass for Earth Day on April 22, the draft outlines strict timelines for retrofitting, and fines of up to $1,000 per unit for noncompliance. The legislation would kick off in 2024, and demands landlords slash emissions 40% by 2030, and double the cuts by 2050.

 

Read the full piece here.

— Posted by JVS on 4.19.19, backdated to 4.17.19