Property Management
New York City Local Law 97 (NYC's Climate Mobilization Act) primarily requires building owners to:
AInstall solar panels on all buildings over 25,000 sq ft
BMeet carbon emission limits or face penalties, with caps becoming more stringent over time✓ Correct
CUse only electric heating systems by 2025
DPlant trees for every unit in the building
Explanation
NYC Local Law 97 sets carbon emissions limits for most buildings over 25,000 sq ft, with caps that become increasingly stringent through 2050. Building owners who exceed the limits face annual penalties.
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