Mayor Eric Adams says he would consider providing property tax relief co-op and condo owners as they face having to pay for mandated “green’’ building upgrades or fines beginning next year.
Local Law 97 is one of the most ambitious and divisive climate measures enacted in any U.S. city. While some co-op boards see the mandate as an opportunity to make sustainable upgrades to their buildings, others say it will drain their financial reserves.
"Just make it happen! No excuses!" The orders of drill instructors are unambiguously persuasive and bone-chillingly absolutist. They are like primal screams that compel compliance without the …
Some of the loudest voices seeking to weaken the statute are co-op and condo owners, who have packed raucous town halls across the city in recent months
Environmental advocates and progressive politicians are accusing the Adams administration of "dragging its feet" on implementing Local Law 97, the landmark