May 24, 2022
A group of New York City building owners is suing the city in an effort to block a 2019 law that requires large buildings to lower greenhouse gas emissions. Local Law 97 mandates owners of buildings more than 25,000 square feet to cap their property's greenhouse gas emissions or face fines. The lawsuit, filed on Thursday by two co-ops in Queens and a mixed-use building owner in Manhattan, claims the new law is "excessive and disproportionate to the purported offense," as first reported by Crain's New York. Under the law, owners have until 2024 to ensure their property's compliance, with the ultimate goal of reducing the emissions produced by the city’s largest buildings 40 percent by 2030 and 80 percent by 2050.
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