George Duke will present at the New York City Bar’s “Are You Ready for Local Law 97?: Carbon Reduction in New York’s Built Environment” on Wednesday, June 28, 2023, from 5:30 – 8:00 pm. The panel of city government, property owners and managers, engineers, and real estate law professionals will share perspectives on Local Law 97. Buildings account for about two-thirds of greenhouse gas emissions in New York City, and large buildings—those containing more than 25,000 square feet of floorspace—account for over half of all building emissions. In 2019, New York City passed its Climate Mobilization Act, which commits the city to reduce its emissions by 40% below a 2005 baseline by 2030 and 80% by 2050. The most significant part of the 2019 Act was Local Law 97, which limits greenhouse gas emissions from existing and new large buildings beginning on January 1, 2024. As the city approaches 2050, emissions limits will tighten, and penalties for non-compliance will increase. As LL97 compliance requirements loom larger, property owners, coop boards, and other stakeholders are figuring out what compliance will require, enforcement, and what lawyers, engineers, and others can do to get ready.
Panelists:
Justin Gundlach (Moderator), Senior Advisor for Policy Implementation, New York State Department of Public Service
Laura Popa, Deputy Commissioner of Sustainability, New York City Department of Buildings
Danielle Spiegel-Feld, Director, Carbon Strategy, Hines
Jon Colatrella, Executive Director, MEP/FP Group
George Duke, Partner, Connell Foley LLP
Richard Sobelsohn, Senior Vice President, Legal at Cohen Brothers Realty Corporation; Professor of Practice and Adjunct Professor of Law, Brooklyn Law School
Drew O’Connor, Senior Managing Director Asset Services, New York City at Cushman Wakefield
To learn more, click here. https://services.nycbar.org/EventDetail?EventKey=ENV062823