As part of a series with NYARM on the NYC emissions laws; Margie Russell, Executive Director of the New York Association of Realty Managers and I moderated a webinar addressing NYC Local Law 97 which will be enforced starting in 2024.

On Tuesday 04/12/2022 we went live and asked very pointed questions to the Local Law 97 expert and Licensed Professional Engineer, Marc Karell. Then on 05/23/2022 I gave him a call to include some updates that surfaced after the original recording.

Do you want to understand Local Law 97 and how the looming fines may impact your building portfolio and bank account? That and much, much more is all right here in the podcast version of the webinar.

Mentioned in the Episode:
On may 18th a group of cooperatives and building owners filed a lawsuit against NYC and the NYC DOB saying that LL 97 is an ill conceived and unconstitutional municipal law. Click HERE to view.

Venable Article Will a New Mayoral Administration Impact Local Law 97?
NY City Council Int 0115-2022

Realty Speak Episodes 5, 18 and 37 on Capital Gain Taxes:
https://realtyspeak.nyc/episode-005-deferred-sales-trust-its-an-option/
https://realtyspeak.nyc/episode-018-land-of-opportunity-is-in-the-o-zone-really/
https://realtyspeak.nyc/episode-037-delaware-statutory-trust-to-retire-your-active-real-estate-portfolio-its-an-option

To Reach Margie

Margie Russell, Executive Director

New York Association of Realty Managers (NYARM)

Email: mrussell@nyarm.com

Mobile 516-456-0654

Website http://www.nyarm.com/
LinkedIn https://www.linkedin.com/in/margierussell/
LinkedIn https://www.linkedin.com/company/nyarm-new-york-association-of-realty-managers/

Facebook https://www.facebook.com/margie.russell.549

To Reach Marc

Marc Karell, P.E., CEM, EBCP

Climate Change & Environmental Services, LLC

Mobile 914-584-6720

Email Karell@CCESworld.com

Website www.CCESworld.com
LinkedIn https://www.linkedin.com/in/marckarell/
Facebook https://www.facebook.com/ClimateChangeEnvironmentalServicesLlc/

To Reach Bill:
As always – Bill, the host of Realty Speak, is ready to be a resource to you when you finance, sell or purchase investment real estate and help you navigate around what you already own.

Email bill@billweidner.com

Call/Text 917-232-8529.

Visit Bill’s website www.billweidner.com
Connect with Bill on LinkedIn https://www.linkedin.com/in/billweidner/
Facebook https://www.facebook.com/RealtySpeak
ALL EPISODES: https://realtyspeak.nyc/episodes/

Additional Resources from Bill:
NYC Local Law 152 – Periodic Inspection of Gas Piping Systems – Solution @ https://www.keepmygas.nyc/

Property Owner and Property Manager Resource Page
https://realtyspeak.nyc/property-owner-and-manager-resources/

Commercial Mortgage Quote – CLICK HERE to connect with Stuart Gelb, my investment property loan partner, when considering the financing of any part of your existing portfolio or when purchasing a new building or site. Stuart will loop me in to help you with the process.
Who is Stuart? Listen to his Realty Speak Episode HERE.

Thinking of selling your investment Property?
CLICK HERE to contact me to discuss your goals so I can craft a plan to sell your investment real estate and also make sure that at closing you have a plan for the sale proceeds and that you shelter as much of those proceeds from capital gains tax as possible.