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Co-ops & Condos United of NY (CCU), alongside our co-op partners, has submitted a memorandum in support of Governor Hochul's adjustments to the Climate Leadership and Community Protection Act (CLCPA).
We commend the State’s efforts to address climate change, but many of the CLCPA's current requirements are not realistically achievable for co-op and condo buildings. The technology and infrastructure are not widely available at scale, and the significant expense to retrofit buildings will be passed directly to residents through higher maintenance and common charges.
Our communities include retirees, working families, and long-time homeowners, many of whom are not be able to absorb radically increasing costs.
Co-ops and condos make up a large portion of New York City’s naturally occurring affordable housing. It is important that policy decisions do not unintentionally put that at risk.
In our memorandum, we outline support for a more measured approach, including: adjustments to timelines; alignment with available technology and infrastructure; consideration of economic impact; and more flexible compliance options.
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