Local Law 97 of 2019

RAND Launches Building Design Group, Offering Comprehensive Services for Complex Projects

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- RAND Engineering & Architecture, a New York City-based firm, is proud to announce the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction. Led by Principal Peter Varsalona, PE, CEM, CBCP, who brings over 30 years of experience to the team, and Director of Design & Project Management Suzanna Takayama, RA, RAND's Building Design Group offers a multi-faceted blend of architectural design, structural engineering, MEP systems integration, sustainability solutions, forensic engineering, and project management.

Key Points: 
  • RAND Engineering & Architecture, DPC announces the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction.
  • NEW YORK, Nov. 1, 2023 /PRNewswire-PRWeb/ -- RAND Engineering & Architecture, a New York City-based firm, is proud to announce the launch of its Building Design Group, a specialized team of experts dedicated to providing comprehensive solutions for complex projects, including adaptive reuse, multi-disciplinary endeavors, gut renovations, and new construction.
  • The Building Design Group offers a wide array of services with a particular emphasis on adaptive reuse and multi-disciplinary projects.
  • RAND's services encompassed architectural design, interior design, structural engineering, MEP (Mechanical, Electrical, Plumbing) systems, Special Inspections, and Code and Zoning Compliance.

Zoetic Global Takes the Lead in Compliance with New York's Local Law 97

Retrieved on: 
Wednesday, November 1, 2023

Zoetic Global is working closely with building owners who need to comply with Local Law 97.

Key Points: 
  • Zoetic Global is working closely with building owners who need to comply with Local Law 97.
  • By using Zoetic refrigerants, buildings can achieve required energy efficiency, reduce operational costs, and cut carbon emissions.
  • Congressman, added, "Zoetic refrigerants greatly enhance energy efficiency, resulting in significant reductions in energy consumption and greenhouse gas emissions for large buildings.
  • In essence, Zoetic presents a sustainable and cost-effective solution for New York City's commercial real estate owners."

Got Emissions? You're Not Alone. nZero to Help Buildings Comply with Local Law 97

Retrieved on: 
Tuesday, August 8, 2023

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- The premier carbon management and accounting platform nZero is helping buildings in New York City prepare for the upcoming Local Law 97 reporting requirements and compliance. Local Law 97 will soon assess real, substantial consequences in the form of monetary fines for emissions non-compliance. Nearly 20% of properties are currently over the Local Law 97 caps set for 2024, while about 76% of properties are over the caps set for 2030. The Real Estate Board of New York (REBNY) estimates 3,700 properties could initially be out of compliance and face over $200 million per year in penalties – this could exceed $900 million annually by 2030. To help the city's property owners and managers prepare, nZero is introducing a free carbon emissions assessment – a carbon "check-up" – for buildings struggling with how to calculate their carbon footprint and get compliant-ready. 

Key Points: 
  • Local Law 97 will soon assess real, substantial consequences in the form of monetary fines for emissions non-compliance.
  • Nearly 20% of properties are currently over the Local Law 97 caps set for 2024, while about 76% of properties are over the caps set for 2030.
  • The nZero platform provides frictionless, automated data collection, emissions calculations, and compliance reporting for Local Law 97.
  • nZero is making compliance simple, no matter the location, and is able offer assessments to buildings in their local markets using the same technology being utilized for Local Law 97.

Mass Timber and Sustainable Building: A Closer Look at New York City

Retrieved on: 
Thursday, June 29, 2023

NEW YORK, June 29, 2023 /PRNewswire-PRWeb/ -- In recent years, the construction industry has witnessed a significant surge in using mass timber as a sustainable and innovative building material. Swinerton's early commitment to mass timber began in 2016 with the design, permitting, and construction of the First Tech Federal Credit Union Oregon Campus, the then-largest mass timber office building in the United States. Swinerton's proactive approach fostered delivery time four months faster than the industry average at a rate 4% cheaper than structural steel. Mass timber provides an environmentally friendly alternative to traditional construction methods and is gaining popularity across the United States. New York City (NYC), a hub of architectural advancements, has emerged as the next focal point for mass timber construction as its sustainability goals have become the priority.

Key Points: 
  • NEW YORK, June 29, 2023 /PRNewswire-PRWeb/ -- In recent years, the construction industry has witnessed a significant surge in using mass timber as a sustainable and innovative building material.
  • Mass timber provides an environmentally friendly alternative to traditional construction methods and is gaining popularity across the United States.
  • New York City (NYC), a hub of architectural advancements, has emerged as the next focal point for mass timber construction as its sustainability goals have become the priority.
  • The increasing use of mass timber construction in NYC signifies a paradigm shift towards sustainable and innovative building practices.

Kelvin Receives $30 Million in Series A Funding to Decarbonize Legacy Building Stock Globally

Retrieved on: 
Thursday, May 18, 2023

Kelvin, a pioneer in intelligent, decarbonized HVAC solutions for legacy buildings, announces the closing of $30 million in Series A funding.

Key Points: 
  • Kelvin, a pioneer in intelligent, decarbonized HVAC solutions for legacy buildings, announces the closing of $30 million in Series A funding.
  • The Series A round was led by climate-focused venture capital firm 2150, with participation from the Schmidt Family Foundation, the Partnership Fund for NYC, and several previous investors.
  • Implementing Cozys throughout a building can result in up to 45% lower heating costs, increased comfort for residents, and decreased building emissions.
  • Kelvin offers a no-money-down subscription, removing capital barriers to decarbonization for all communities and promoting a financially-driven transition, especially benefiting lower-income communities.

NYC's LL97 Compliance Experts at Latitude Compliance Inc. Announces Partnership with the Mark Hertz Company

Retrieved on: 
Tuesday, May 2, 2023

NEW YORK, May 2, 2023 /PRNewswire-PRWeb/ -- As the official sponsor and member of NYC's Urban Green Council, Latitude Compliance works hard to decarbonize buildings and build healthy, resilient communities for all. The company offers complete compliance solutions that tackle New York City's aggressive carbon-neutral laws and regulations, providing clients with a turn-key experience from the initial building inspection, testing and energy reports to construction retrofits and annual monitoring, ensuring a seamless transition throughout the entire process. Latitude Compliance's professional consultants understand the growing need for building owner advocacy, education and guidance. The company's 25 years of doing business in the real estate industry have sharpened the team's awareness of the perpetual complexities of restrictive legislation and regulation. Latitude Compliance Inc. is widely known as a trailblazer in the industry and has been recognized for its commitment to decarbonization by NYC Accelerator by reaching "Partner level in the Connector Pathway" and "Affiliate level in the Service Provider Pathway."

Key Points: 
  • Latitude Compliance Inc. and the Mark Hertz Company have joined forces to assist NYC building owners and clients in achieving compliance with Local Law 97 and other ESG-related laws.
  • The Mark Hertz Company is well-known for providing expertise in resolving NYC property violations, regulatory issues and permit expediting.
  • "Our strategic partnership with the Mark Hertz Company is exciting.
  • Latitude Compliance Inc. provides clients with the latest information, incentives, rebates, technologies and policies to help them make the best decisions.

Empire State Realty Trust Named as a 2023 Platinum Green Lease Leader by the Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation

Retrieved on: 
Monday, April 17, 2023

Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it was selected as a 2023 Platinum Green Lease Leader by the U.S. Department of Energy’s (DOE) Better Buildings Alliance and the Institute for Market Transformation (IMT) for the second consecutive year.

Key Points: 
  • Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it was selected as a 2023 Platinum Green Lease Leader by the U.S. Department of Energy’s (DOE) Better Buildings Alliance and the Institute for Market Transformation (IMT) for the second consecutive year.
  • With this award, ESRT is recognized for its integration of high-performance leasing and sustainability practices into business operations which deliver energy efficiency, cost savings, air quality, and sustainability for tenants.
  • ESRT is one of only six awardees to achieve the Platinum distinction.
  • ESRT’s continued leadership in sustainability and energy efficiency has reduced greenhouse gas emissions by 54 percent at ESB and 43 percent across the commercial portfolio since 2009.

Bright Power Announces new CEO and Chief Strategy Officer role to Drive Growth and Maximize Positive Impact on the Planet

Retrieved on: 
Friday, March 31, 2023

NEW YORK, March 31, 2023 /PRNewswire/ -- Bright Power, Inc. has announced a transition in leadership that is new, yet familiar. Jeff Perlman, who founded Bright Power 18 years ago, and has led the company as CEO since, announced that Andrea Mancino will become the company's Interim CEO as he moves into a new position, Chief Strategy Officer.

Key Points: 
  • Jeff Perlman, who founded Bright Power 18 years ago, and has led the company as CEO since, announced that Andrea Mancino will become the company's Interim CEO as he moves into a new position, Chief Strategy Officer.
  • "I am so proud of what we have been able to accomplish at Bright Power over the last 18 years," says Jeff Perlman.
  • It has been a pleasure to watch her grow for a decade at this company to the strong leader she is today."
  • The role of Chief Strategy Officer will allow Jeff to focus on developing innovative approaches to opportunities arising from city, state and federal initiatives, as well as thought leadership.

Logical Buildings Delivers Cash Payments to Record Number of New York Utility Customers to Reduce Energy and Carbon Emissions

Retrieved on: 
Tuesday, February 28, 2023

During summer 2022, the peak utility season, a record-high number of residents, spanning both single and multifamily residences, enrolled and participated in GridRewards events.

Key Points: 
  • During summer 2022, the peak utility season, a record-high number of residents, spanning both single and multifamily residences, enrolled and participated in GridRewards events.
  • GridRewards users were prompted to adopt smarter energy use measures during Con Edison’s June-September peak energy period.
  • When high energy demand was forecasted, GridRewards offered users opportunities to earn money by reducing energy use at peak times.
  • The company delivered hundreds of thousands of dollars in total rewards to a record-high number of participating customers during the summer peak season.

Microshare names Michael Schoen to lead new global real estate practice

Retrieved on: 
Tuesday, November 29, 2022

PHILADELPHIA, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Microshare , a leading Smart Building technology and sustainability data firm, announced today that it has named real estate veteran Michael Schoen to lead a new Global Real Estate practice and sharpen the companys focus on the Commercial Real Estate (CRE) sector through an expanded New York City presence.

Key Points: 
  • PHILADELPHIA, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Microshare , a leading Smart Building technology and sustainability data firm, announced today that it has named real estate veteran Michael Schoen to lead a new Global Real Estate practice and sharpen the companys focus on the Commercial Real Estate (CRE) sector through an expanded New York City presence.
  • In the newly created role of Global Head of Real Estate, Schoen will help landlords and tenants realize the value of Microshares data solutions, which use cost-efficient wireless Internet of Things (IoT) technology.
  • Toronto-based Lindsay Pick , a three-year Microshare veteran, has also jumped to his team, bringing with her client Kilroy Realty Corporation, a Los Angeles-based real estate investment trust.
  • Microshare creates data where none existed before, enabling a full spectrum view into the performance, value, safety and sustainability of real estate assets.