What is LL 97? -
New York City’s LL 97 is part of a package of laws referred to as the Climate Mobilization Act, intended to be New York City’s own “Green New Deal.” At its core, LL 97 caps the amount of greenhouse gas...more
Property Assessed Clean Energy (“PACE”) financing is a fast-growing source of potential capital available to developers and property owners throughout the country. Available for use with both commercial properties (in which...more
On March 22, 2020, in response to the growing anticipation for loan modifications necessitated by the implications of the Coronavirus Disease 2019 (“COVID-19”), the Federal Reserve, Federal Deposit Insurance Corporation,...more
3/25/2020
/ Banking Regulators ,
Banks ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
FDIC ,
Financial Institutions ,
FRB ,
Interagency Guidance ,
Loan Modifications ,
NCUA ,
OCC ,
TDR Final Rule
Disruptions from the coronavirus (COVID-19) pandemic will have a lasting impact on industries worldwide. Commercial real estate tenants are being forced to make difficult decisions to adapt to these sudden changes, especially...more
On April 18, 2019, the New York City Council passed legislation, referred to as the Climate Mobilization Act, which includes bills designed to aggressively reduce carbon emissions produced by New York City’s buildings....more
7/31/2019
/ Carbon Emissions ,
Clean Energy ,
Construction Project ,
Energy Efficiency ,
Environmental Policies ,
Green Infrastructure ,
Greenhouse Gas Emissions ,
New Legislation ,
PACE ,
Real Estate Development ,
Real Estate Market ,
State and Local Government