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Hochul gave the grid a 10-year reprieve on going clean. Local Law 97’s fines on co-op and condo boards start in 2030 regardless

Gov. Hochul's budget weakened NY's climate law targets, but NYC's Local Law 97 building emissions caps remain, with fines for co-ops tightening in 2030.

Hochul gave the grid a 10-year reprieve on going clean. Local Law 97’s fines on co-op and condo boards start in 2030 regardless
Data visualization showing how NYC multifamily properties are performing against 2024 Local Law 97 emissions targets — fines begin in 2030 regardless of state-level changes.
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New York State quietly scaled back its climate commitments in this year’s budget, and now there is growing pressure to ease NYC’s building emissions law to match. Whether that reform happens before the penalties start is an open question. The experts quoted in a Habitat Magazine report published June 30 say co-op and condo boards should not count on it.

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Featured image: Courtesy urbangreencouncil.org

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