CASE STUDY

Read how The Folson Group helped a large mid-century Manhattan co-op board eliminate $200,000 in Local Law 97 fines!

Your local law 97 partner

The co-op board approached The Folson Group with a need to reduce its building’s carbon footprint to meet their carbon emission limits.

CHALLENGE

The co-op was risking 5 annual fines of $40,000 under Local Law 97. With an Energy Star Score (ESS) of 38 and an Energy Efficiency Grade of D, the board knew that they needed to do something to meet their ESG-goals.

SOLUTION

The Folson Group recommended and implemented several low-cost techniques, including:

  1. LED lights with motion sensors in common areas ($40,000; payback: 3 years)

  2. Installed solar arrays on the roof ($70,000; payback: 11 years)

  3. In-unit replacement program (FREE)

  4. The Folson Group's Energy Efficiency Policy © ($5,000)

  5. Improved communication with owners

RESULT

The board’s carbon emission goals were met, resulting in:

  • Energy costs reduced by 60%

  • ESS increased from 38 to 71: grade improved from D to B

  • Eliminated $200,000 in Local Law 97 carbon emissions fines to zero