Only 60 Days Left: NYC Buildings Enter Final Stretch Before Local Law 97 Deadline
The Cotocon Group Issues Urgent Warning as August 29 Compliance Cutoff Approaches
NEW YORK, July 1, 2025 /PRNewswire/ -- With just 60 days remaining until the August 29, 2025 deadline, The Cotocon Group is urging New York City building owners to take immediate action to comply with Local Law 97—or face severe annual penalties starting this year.
Part of the Climate Mobilization Act, LL97 requires most buildings over 25,000 square feet to limit greenhouse gas emissions. Many property owners are still unprepared, and the final compliance window is rapidly closing.
"The greatest return for building owners is investing in energy efficiency," said Jimmy Carchietta, Founder and CEO of The Cotocon Group. "This isn't just about checking a box—it's about reducing operating costs, protecting asset value, and avoiding long-term financial risk. The clock is ticking."
As New York's leading sustainability and energy compliance firm, The Cotocon Group has helped thousands of buildings prepare for LL97 through emissions analysis, prescriptive energy conservation measures (PECMs), and strategic retrofit planning. The firm reports a major surge in late-stage inquiries—but warns that LL97 filings, audits, and implementation require planning and coordination that can't be left to the last minute.
Recent Developments: The NYC Department of Buildings has ramped up enforcement efforts, with audit flags and violation notices already being issued. Non-compliance may result in fines up to $268 per metric ton of CO₂e above the limit—costing some properties hundreds of thousands annually.
What Building Owners Must Do Now:
- Confirm emissions thresholds and compliance obligations
- File Article 321 report (if due) or applicable extension
- Partner with a qualified consultant to avoid misreporting
About The Cotocon Group
The Cotocon Group is a leading energy compliance and sustainability advisory firm in NYC, specializing in Local Laws 97, 84, 87, and 88. Cotocon provides tailored energy strategies that help building owners reduce emissions, avoid penalties, and meet the demands of a low-carbon future.
Media Inquiries : media@thecotocongroup.com
📞 (212) 555-0197
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SOURCE The Cotocon Group