Managing commercial property in New York City has always required navigating a complex web of rules, but in 2025, the landscape is more intricate than ever. A surge of new New York City property regulations, driven by climate goals, tenant protections, and technological advancements, is reshaping how property managers operate in the five boroughs. For [...]
New York City’s ambitious Local Law 97 (LL97) is set to significantly impact commercial real estate management in the coming years. As part of the city’s Climate Mobilization Act, LL97 mandates substantial reductions in greenhouse gas emissions from large buildings, aiming for a more sustainable urban environment. Enforcement began in 2024, so commercial property owners [...]
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