The city’s zeal to enforce new environmental laws is set to crush the City’s middle-class housing stock under the weight of shockingly untenable fines. At issue is the implementation of Local Law 97, which was passed in 2019. The ambitious law sets emissions limits for buildings over 25,000 square feet, aiming to reduce greenhouse gas emissions by 40% by 2030 and 80% by 2050. Read the article…………………………….
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