Four big landlords get paid to model green retrofits
The Real Deal
Decarbonization is no longer just a buzzword. In the past few years, New York has tightened the screws on real estate, a sector that belches nearly 70 percent of New York City’s climate-warming emissions and one-third of the state’s. A city law demands that most large buildings cut them by 80 percent by 2050. A 2019 state law demands an 85 percent reduction in the state’s emissions from 1990 levels by 2050, an aggressive benchmark likely to trigger mandates for properties….