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 greenhouse gas emissions across selected buildings in their portfolios by at least 30 percent by making cost-saving energy efficiency improvements. To date, 21 New York City based residential property management firms have committed to the Challenge, pledging to reduce the greenhouse gas emissions from over 3,500 multifamily buildings over ten years. All together, these buildings represent over 275 million square feet, or 8 percent of the City's 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.
- A&E Real Estate
- AKAM Associates, Inc.
- Charles H. Greenthal Management Corp.
- Community League of the Heights
- 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
- New York City Housing Authority (NYCHA)
- Prestige Management
- RiseBoro Community Partnership
- Riverbay Corporation at
- Rose Associates
- Selfhelp Community Services Inc.
- Solstice Residential
- StuyTown Property Services
- 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.
- DNAinfo New York – February 2, 2017
- Real Estate Weekly – September 28, 2016
- Habitat Weekly – January 2, 2014
- Multifamily Housing News – January 3, 2014
- Energy Collective – January 3, 2014
- Habitat Magazine – February 11, 2014
- Crain's NY – February 16, 2014
- NY Daily News – June 27, 2014
- Building Green – August 3, 2014
- GreenBiz.com – August 21, 2014
Resources for Multifamily Buildings
The NYC Carbon Challenge Handbook for Multifamily Buildings
The NYC Carbon Challenge Handbook for Multifamily Buildings is a resource that covers the basics of energy efficiency in multifamily buildings, the cash incentives and financing available in New York City, the relevant local laws and regulations, and building staff training opportunities that aim to help the city’s diverse multifamily building stock become more energy efficient.