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Addressing Climate Change in Due Diligence for Real Estate Transactions

Climate change is expected to have a significant impact on existing real estate. According to a government assessment, by 2050 up to $106 billion of United States real estate will be below sea level....more

New York City Enacts Greenhouse Gas Emission Limits for Major Buildings

On April 22, 2019, the New York City Council celebrated Earth Day by enacting the “Climate Mobilization Act” into law. The centerpiece of this important legislative package is Introduction 1253-2018 (“Intro 1253”)....more

Addressing Climate Change in Due Diligence for Real Estate Transactions

On November 23, 2018, the United States government released Volume II of its Fourth National Climate Assessment. The report assesses the effects of the expected rise in sea levels resulting from global climate change,...more

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