Ensure Compliance with Local Law 97

and Save on Energy Costs

The Folson Group Simplifies Energy Upgrades and Cost Reduction

for Your NYC Co-op or Condo

About The Folson Group

At the Folson Group, we specialize in transforming NYC co-op and condo buildings into models of energy efficiency and cost-effectiveness.

Our comprehensive consulting and project management services focus on optimizing operating costs, reducing energy usage, and lowering capital improvement expenses.

By providing strategic guidance and turnkey solutions, we empower your building to comply with LL97 and avoid steep penalties—all while contributing to a more sustainable NYC.

About Local Law 97

Local Law 97 is a groundbreaking NYC regulation aimed at reducing greenhouse gas emissions from buildings over 25,000 square feet. It requires property owners, condo and coop boards to meet strict emissions caps that began in 2024, with even tighter limits set for 2030. Non-compliance can result in substantial fines, making adherence a top priority for co-op and condo boards.

Filing Deadline: The annual LL97 compliance deadline is May 1, starting in 2025.

Stricter Limits: The carbon emission limits become substantially more strict in 2030.

Consequences of Non-Compliance

Fines: Failure to meet LL97’s emissions caps can result in severe financial penalties, calculated as $268 per metric ton of CO2 equivalent over the building’s allowed limit.

Missed Opportunties: Beyond fines, non-compliance could mean missed opportunities for energy savings and loss of eligibility for city and state financial incentives.

Carbon Footprint: Non-compliance perpetuates higher carbon emissions, contributing to damaging your building's reputation as a responsible community member committed to sustainability.

Energy Efficiency Upgrades

Co-op and Condo boards need to evaluate and optimize the following building systems:

The heating, ventilation, and air conditioning (HVAC) systems
Steam systems
Electrical systems
Facades
Windows
Roofs
Solar or other renewable energy sources

Failure to properly optimize the building's systems can result in massive fines.

Benefits of Local Law 97 Compliance

The benefits of compliance

For co-op and condo owners, the benefits of LL97 compliance means:

Lower cost of energy by using less energy.
Lower LL97 carbon emission fines.
Removed risk of fines for non-compliance for not filing, or misreporting energy usage.
A higher energy efficiency letter grade posted at the building's entrance.
A greener and more sustainable building.
Health benefits of a greener NYC.

The Folson Group Process

Expert Assessment and Planning

Our team works closely with engineers, energy consultants, and HVAC service providers to undertake comprehensive examination of your building's existing energy systems. This initial step ensures a targeted response to your specific compliance alternatives.

Efficient Implementation

From initial assessments to final installations, the Folson Group handles the entire upgrade process effortlessly. We specialize in upgrading existing systems starting with low-cost measurements for the highest ROI to maximize savings within your budget.

Navigating Incentives & Deadlines

Acting quickly is critical. Our team not only supports boards in understanding NYSERDA, Con Edison, and National Grid rebates to help offset upgrade costs, but also apply for them on your behalf to maximize ROI and minimize the payback period for any upgrades.