In 2013, New York City launched the NYC Carbon Challenge for Multifamily Buildings, engaging the City's largest residential property management companies to commit to reduce GHG emissions across selected buildings in their portfolios by at least 30 percent by making cost-saving energy efficiency improvements. To date, 19 New York City based residential property management firms have committed to the Challenge, pledging to reduce the GHG emissions from over 700 multifamily buildings over ten years. All together, these buildings represent over 110 million square feet, or 6 percent of the City's large and mid-sized residential square footage. The residential sector accounts for 37 percent of New York City's total emissions, making up the largest single source of emissions in the city. In addition to reducing emissions, the energy efficiency and clean energy improvements that these buildings undertake will also help improve local air quality and increase resiliency to extreme weather events. Improving the energy efficiency of these buildings will also mitigate or reduce building operating costs, which is one of the key drivers of rising housing costs in New York City.
- AKAM Associates, Inc.
- CompassRock Real Estate
- Charles H. Greenthal Management Corp.
- Douglas Elliman Property Management
- FirstService Residential
- Harlem Congregations for Community Improvement, Inc.
- Lott Community Development Corporation
- Marion Scott Real Estate, Inc.
- Milford Management
- New Holland Residences
- Prestige Management
- Riverbay Corporation at Co-op City
- Ridgewood Bushwick Senior Citizens Council
- Riverton Square, LLC
- Rose Associates
- RY Management Co., Inc.
- Selfhelp Community Services Inc.
- Solstice Residential
- Urban American
Find out about more details of the program in the NYC Carbon Challenge for Multifamily Buildings Program Design. For additional information about participation, please contact CarbonChallenge@cityhall.nyc.gov.
Tools for Multifamily Buildings
The NYC Carbon Challenge Handbook for Co-Ops and Condos
The NYC Carbon Challenge Handbook for Co-Ops and Condos is a tool for co-op and condo residents to learn how to begin reducing their building's energy use and GHG emissions. The handbook covers the basics of energy efficiency in multifamily residential buildings, the cash incentives and financing available in New York City, and the relevant local laws and regulations aimed at helping the city's buildings become more efficient.