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City Council just created the “largest disruption in the history of New York City real estate”

The City Council’s Committee on Environmental Protection has passed a sweeping package of bills to cut greenhouse gas emissions, paving the way for adoption by the full council later today, Crain’s reported. And with projected costs north of $4 billion, a lot of landlords do not like it. The proposed legislation, dubbed the Climate Mobilization Act and described as New York City’s version of the controversial Green New Deal, would force landlords to cut emissions […]

source https://therealdeal.com/2019/04/18/city-council-just-created-the-largest-disruption-in-the-history-of-new-york-city-real-estate/

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