In 2013, 17 of the largest residential property management firms in New York City have committed more than 700 multifamily building to the NYC Carbon Challenge, pledging to reduce GHG emissions across selected buildings in their portfolios by at least 30 percent by making cost-saving energy efficiency improvements. All together, these buildings represent over 100 million square feet, or more than 5 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
- Douglas Elliman
- FirstService Residential
- Harlem Congregations for
Community Improvement, Inc.
- Lott Community Development Corporation
- Marion Scott Real Estate, Inc.
- Midboro Management
- Milford Management
- New Holland Residences
- Prestige Management
- Riverbay Corporation at Co-op City
- Rose Associates
- RY Management Co., Inc.
- Solstice Residential
- Urban American
If you are a resident of a co-op, condo, or rental building that is interested in participating in the Carbon Challenge, please contact your property manager directly or email CarbonChallenge@cityhall.nyc.gov for more information.
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.