Local Law 97 Project Services in Upper West Side
Local Law 97 Expertise You Can Count On
Upper West Side’s ambitious goal of becoming carbon neutral by 2050 prompted the enactment of Local Law 97 (LL97) in 2019. This innovative legislation focuses on the city’s main source of carbon emissions: buildings. Buildings account for roughly 70% of Upper West Side’s carbon impact. Therefore, LL97 imposes rigorous emission limitations on structures larger than 25,000 square feet.
At MD Squared, we help you comply with Local Law 97 and turn your property into a model of urban sustainability. Our strategy goes beyond simple compliance, emphasizing long-term value and environmental sustainability.
Key Partnerships Driving Our Strategic Growth
Comprehensive Local Law 97 Service Package
Our all-inclusive service package simplifies compliance by addressing all important aspects, from assessment to ongoing maintenance, allowing you to focus on running your property without worrying about fines.
Compliance Assessment and Reporting
We begin with a detailed assessment of your building’s current emissions and energy consumption. Our extensive assessments show you where you stand and present a clear, practical plan designed to meet the strict criteria of Local Law 97. By staying ahead of deadlines and standards, we can help you avoid costly penalties and keep your property in complete compliance.
Energy Efficiency and Upgrades
Our team of professional staff identifies the most effective energy efficiency solutions, such as retrofitting lighting, enhancing HVAC systems, or researching renewable energy options. These modifications reduce your carbon footprint, lower operating expenses, and ensure that the building meets Local Law 97 requirements. We also help you obtain rebates and incentives to make these renovations affordable.
Consultation and Planning
Each building is unique, as is our approach. We offer personalized consultations to establish a strategic plan tailored to your property’s requirements. Whether it’s planning for future retrofits or developing a long-term sustainability strategy, we collaborate with you to improve your building’s efficiency and value while maintaining compliance today and in the future.
Ongoing Support and Maintenance
Compliance isn’t a one-time task, and we are committed to it. Our team at MD Squared provides continuous monitoring and maintenance, adapting to changing rules and ensuring your building complies with Local Law 97. From monthly energy audits to ongoing system optimizations, we are dedicated to protecting your investment and keeping your property ahead of the curve.
Why MD Squared Sets the Standard for Local Law 97 Compliance
MD2 combines extensive property and project management expertise with innovative solutions to ensure your building meets Local Law 97 requirements efficiently and cost-effectively.
Comprehensive LL97 Assessments
Our team thoroughly evaluates your property’s current emissions status, comparing it to LL97 standards. We provide clear insights into your compliance position and the potential risks of future penalties, and offer actionable solutions to ensure full compliance.
Customized Compliance Strategies
We develop tailored LL97 compliance plans for each property, considering the unique characteristics of co-ops, condos, and rental buildings. Our strategies optimize energy efficiency while minimizing residents’ disruption and ensuring long-term compliance, reducing potential penalties and enhancing property value.
Financial Solution Guidance
MD Squared assists in identifying and securing financing options for LL97-related upgrades. We help navigate loan applications, explore incentives, and find cost-effective solutions to manage compliance expenses.
Expert Contract Management
Our team oversees the preparation and negotiation of construction contracts for building modifications and retrofits necessary for Local Law 97 compliance, ensuring your interests are protected throughout the process.
Governance Support for Boards
We provide comprehensive guidance on board governance related to Local Law 97, including reviewing bylaws, drafting resolutions, and ensuring all legal requirements are met when implementing compliance measures.
Vetted Vendor Network
MD Squared maintains relationships with qualified energy auditors, contractors, and service providers. We help you select the right partners for your Local Law 97 projects, ensuring quality work and reliable results.
Ongoing Compliance Management
Our team doesn’t just help you meet initial Local Law 97 requirements. We provide continuous monitoring and management to ensure your property remains compliant as standards evolve, protecting you from future penalties.
How MD Squared Property Management Group Benefits You
Experience seamless compliance-based project management that elevates your building’s value and ensures peace of mind.
Benefits
- Proactive Management
- 24/7 Support
- Compliance Expertise
frequently asked questions
What is Local Law 97?
Local Law 97 is a prominent v legislation enacted in 2019 as part of the Climate Mobilization Act. It intends to significantly cut greenhouse gas emissions from buildings by imposing rigorous yearly emission limitations depending on building size and usage.
Who is affected by Local Law 97?
Local Law 97 affects most Upper West Side structures larger than 25,000 square feet, including residential, commercial, and mixed-use properties. The regulation mandates these buildings to adhere to strict emissions limits, making it one of the most significant climate laws in Upper West Side.
How does LL97 benefit Upper West Side residents?
Local Law 97’s primary aim is to assist people in improving air quality, reducing greenhouse gasses, and fighting climate change as effectively as possible. By imposing stricter emissions limits, these measures will improve the state of the city’s ecosystem and protect the climate in the coming generations.
What is the penalty for non-compliance with Local Law 97?
Noncompliance with LL97 carries high penalties, including fines of $268 for every metric ton of carbon dioxide equivalent emissions that exceed the building’s quota. Additionally, buildings that fail to submit accurate reports or miss reporting deadlines can face further fines, making compliance a financial and legal necessity.
What support does MD Squared Property Management offer for LL97 compliance?
MD Squared provides a complete LL97 service package that includes extensive compliance evaluations, energy efficiency modifications, and ongoing maintenance. Our staff collaborates directly with property owners to create customized plans that satisfy legal requirements, defend against penalties, and improve building sustainability. We also offer experienced advice on financing required modifications and effectively handling the compliance procedure.
Get in touch now
Take Control of Your Building’s Sustainability Journey with MD2’s Comprehensive Local Law 97 Solutions. Let’s Chart a Path to a More Sustainable and Profitable Future Together!
Address
MD2 PROPERTY GROUP 7 Penn Plaza, Suite 601 New York, NY 10001
- E-mail
[email protected] - Phone
212.518.2690 - Fax
212.518.2691