On December 6, 2023, the New York City Council approved the first of Mayor Adams’ three “City of Yes” zoning initiatives (Res. 0858-2023). The initiative, known as the City of Yes for Carbon Neutrality (COYCN), eliminates...more
The first compliance period under New York City’s Local Law 97 (LL97) begins on January 1, 2024, and a January 2023 REBNY-commissioned study concluded that over 3,700 properties could be out of compliance and face over $200...more