January 13, 2023
Crain's New York Business
In an article for Crain's New York Business, Special Counsel Raymond "Rusty" Pomeroy addresses steep fines faced by landlords for noncompliance with carbon emission limits set forth in Local Law 97.
“The penalties for failing to comply with the law's emission limits are significant. The preamble to the proposed rules notes that Local Law 97 allows for penalty reduction where owners have made a good-faith effort to comply with the law or are facing other mitigating circumstances,” Rusty states.
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January 13, 2023
Crain's New York Business
In an article for Crain's New York Business, Special Counsel Raymond "Rusty" Pomeroy addresses steep fines faced by landlords for noncompliance with carbon emission limits set forth in Local Law 97.
“The penalties for failing to comply with the law's emission limits are significant. The preamble to the proposed rules notes that Local Law 97 allows for penalty reduction where owners have made a good-faith effort to comply with the law or are facing other mitigating circumstances,” Rusty states.
Click here to read more. (Subscription Required)
