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Our Partner, Geoffrey Mazel, Esq., was recently quoted in the Bloomberglaw.com digital article entitled “NYC Buildings Complying with Emissions aw Faster Than Expected”. The article focuses on the fact that compliance by many buildings in New York City with Local Law 97 is proceeding faster than expected. However, the article does acknowledge that working and middle-class Co-ops are lagging in compliance due to their inability to pay for expensive retrofits with no payback.
Mr. Mazel has been a leading advocate for working and middle-class Co-ops in New York City to bring common sense and fairness in the implementation of Local Law 97 in the Co-op community. He is working with several advocacy groups including the President’s Co-op & Condo Council and Homeowners for a Stronger New York to bring needed change in this legislation.
The quote attributed to Geoffrey Mazel is as follows:
“Fines under Local Law 97 could be ruinous to middle- and low-income tenants, because the costs may be passed down in the form of increased rents and other fees, according to Geoffrey Mazel, a board member and an attorney with Homeowners for a Stronger New York.”
LINK TO ARTICLE
https://news.bloomberglaw.com/environment-and-energy/nyc-buildings-complying-with-emissions-law-faster-than-expected
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