Local Law 97


The Latest

(Illustration by The Real Deal; Getty)

Multifamily faces stricter emission caps

Multifamily building owners may need to slash emissions even more than they thought. Proposed rules for the city’s Local Law 97 lay out emission caps for 60 different property types, modeled after the Energy...

Multifamily faces stricter emission caps
New York skyline

NYC condos, co-ops face costly emissions bill

Mary Anne Rothman is concerned about Local Law 97 because it seems like nobody else is. The ambitious law,...

NYC condos, co-ops face costly emissions bill
From left: Mayor Eric Adams, Governor Kathy Hochul, and Assemblymember Edward Braunstein (Getty Images, Assembly District 26, iStock/Photo Illustration by Steven Dilakian for The Real Deal)

Say goodbye to another property tax break

While the industry fretted over 421a and good cause eviction in the final months of the legislative session, state lawmakers quietly let another real estate measure expire. The decades-old tax exemption program J-51, which...

Say goodbye to another property tax break
NYC Mayor Eric Adams (Getty Images, iStock)

City eyes emissions-cap reprieve for some buildings

Some property owners may get a break from the city’s stringent greenhouse gas rules. At a City Council committee...

City eyes emissions-cap reprieve for some buildings
Five industry priorities for Eric Adams
Issue

Five industry priorities for Eric Adams

Real estate backed Eric Adams, in large part, for his pro-business, tough-on-crime approach.  A former New York City Police Department captain, Adams campaigned on the idea that he was best equipped to prioritize public...

Five industry priorities for Eric Adams

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...