A coalition of cooperatives and building owners is suing the city to block Local Law 97, which imposes ambitious greenhouse gas emissions caps on most buildings larger than 25,000 square feet. Building owners have until 2024 to comply with the limits—as well as increasingly strict standards in 2030 and 2050—or face fines.
The lawsuit, filed Thursday night in state Supreme Court, is led by two Queens cooperatives—Glen Oaks Village and Bay Terrace Cooperative Section I—and their respective board presidents, along with the owner of a mixed-used Manhattan building, 9–11 Maiden Lane. The suit names the city and its Department of Buildings as defendants.
The legal challenge calls the
→ Continue reading at Crain's New York Business
