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How much money has water damage cost your owners? How much time and money could you save if you were able to detect issues within a property before they became a larger problem? In this episode of the #DoorGrowShow, property management growth expert Jason Hull sits down with Nadav Schnall to explore how innovative water and gas leak detection systems are transforming residential property management and to share how these technologies can prevent costly damage, protect tenants, and streamline maintenance operations for property managers. You'll Learn [1:14] Nadav Schnall's Background in Property Management [05:06] Innovative Solutions for Leak Detection [11:07] Understanding the Technology Behind Pro Sentry [17:25] Implementing Smart Detection Systems Quotables "If something goes unchecked, somebody's out of town, there's a water leak, I mean, it can just do massive damage." "The responsibility of a property manager is to make sure the building is operating properly, to make sure it's operating efficiently, to mitigate damages, to mitigate risks." "Time is of the essence when something like this happens." Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive Transcript Nadav Schnall (00:00) No need for displacement, no need to wake up in the middle of the night, come back to a flooded home. So we can solve all that Jason Hull (00:05) All right. Welcome everybody. I am Jason Hull, the founder and CEO of DoorGrow, the world's leading and most comprehensive coaching and consulting firm for long-term residential property management entrepreneurs. For over a decade and a half, we have brought innovative strategies and optimization to the property management industry. We have spoken to thousands of property management business owners, coached, consulted, and cleaned up hundreds of businesses. helping them add doors, improve pricing, increase profits, simplify operations. And we run the leading property management mastermind with more video testimonials and reviews than any other coach or consultant in the industry. At DoorGrow, we believe that good property managers can change the world and that property management is the ultimate high trust gateway to real estate deals, relationships, and residual income. We are on a mission to transform property management business owners and their businesses. We want to transform the industry. eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. Now, let's get into the show. Today, my guest is Nadav Schnall. Welcome, Nadav Nadav Schnall (01:14) Thank you for having me, Jason. Jason Hull (01:15) All right, so your company is called ProSentry. We're going to be getting into that. But before we chat about our topic today, which is protect, prevent, perform smart leak detection for modern property managers, tell us a little bit about your background, how you got into entrepreneurism and what finally led you. Nadav Schnall (01:33) Sure, happy to provide some background. So my background is actually in property management. I was a property manager for about a decade for First Service Residential in New York City. I had their kind of luxury. group or luxury division. So I did a lot of consulting for developers and lot of property management, opening buildings, know, placing staff, making sure buildings kind of transition from construction to operation. So that was really the lion's share of my background as it relates to property management. Then I went into and opened another company that had to do with the service industry, kind of fire suppression systems, mechanicals, kind of the the heart of a building, so to speak. And that led me to connect with my co-founder and business partner, John Russ, who is a builder in New York City. I've known him for probably about 15 years. And we came together to do this idea. So really very much so kind of experiencing firsthand. what we are trying to solve and that's kind how I got into the world of entrepreneurship and into the world of ProSentry Jason Hull (02:35) Got it. All right. Thanks for the background. So you're an expert. This is your bio, an expert in smart building monitoring. We're going to chat about exploring how innovative water and gas leak detection systems are transforming residential property management and maybe share how these technologies can prevent costly damage, protect tenants, streamline maintenance operations for property managers from boosting safety to increasing operational efficiency. And in today's episode, you'll get to learn how smart monitoring is reshaping the way you care for your properties and your bottom line. So cool. I'm excited to get into this. So, so now, Nadav, where, where do we start? Nadav Schnall (03:15) Well, we can probably start in property management. And I can tell you how many times I would wake up in the morning and I'd be checking my phone and then find that I have emails from last night that there was a leak in the building or my super calling me at two o'clock in the morning saying, hey, we had a flood or someone, there was a construction going on and someone left a window open and some pipe froze. Jason Hull (03:19) Okay. Nadav Schnall (03:42) And so that's kind of where it started for me, kind of really looking into these operational issues, which in today's day and age with technology, you are able to solve. And so that's where the journey started for me is really trying to look at properties and saying, how can we help common day-to-day occurrences? More so you look at the insurance industries and that's one of the... biggest pluses that we try to bring to the table is trying to helping buildings with insurance. Water leaks are non-weather related water leaks are typically the top three causes for insurance claims. And many times it's the number one reason for insurance claims. And so you look at these things and you're saying, there is technology out there. There is ways to substantially reduce that. How do we do that, improve the day-to-day work of property managers? reduce insurance claims for buildings, reduce insurance rates and premiums, and also improve the life of the residents and tenants that live within. No need for displacement, no need to wake up in the middle of the night, come back to a flooded home. So we can solve all that and we focus in the multifamily. That's kind of our main focus. Jason Hull (04:53) Yeah, Yeah, I mean, if something goes unchecked, somebody's out of town, there's a water leak, I mean, it can just do massive damage. Yeah, so how do we mitigate that? Nadav Schnall (05:04) Yeah, so I can tell you a little bit about the technology and what we do and how we do it. first of all, traditional systems that existed so far were really based on Wi-Fi, which is a big difference. And they were more geared towards maybe something that you would do for your house or maybe something you would do for your apartment. But how do you resolve that in a multifamily world, right? Where even if I am the most responsible resident in the building and I put water leak detection and temperature and humidity and maybe gas, you put all detection technologies in your apartment, you can still get leaked on from your apartment above. Something can still happen. And you just said it, right? A resident that may be away. And we have this actually. is an actual... know, claim that we were able to avoid. In a building, someone, you know, it was a vacant apartment, a realtor came in to show the apartment, walked out to the terrace. It was a classic wintery day. Didn't close the door all the way. Realtor left, came in, blew the apartment door open and the temperatures started going down and going down and going down. Luckily that building had ProSentry and that building was notified when the temperatures hit about 50 degrees and the resident manager of that building got the notification today that doesn't sound right. Of course, checked the records, found out there was a vacant apartment, ran upstairs, saw that the door was open, was able to close the door, turn on the heat before frozen pipes. But otherwise you would have had frozen pipe and that could have easily knocked out 10 apartments insurance claims and so on and so forth. So I think that's kind of one of the biggest areas where we can save. And the nice part about that is insurance carriers are starting to recognize us and starting to recognize that we are actually reducing claims inside buildings. We're doing that across the board. We recently did a study across 18 months. We took a bunch of properties and we wanted to see what happened in those properties across an 18 month period. we alerted those properties to over 6,000 different types of water events, right? Whether it's water or, you know, could be some, some of it can be just be drizzling. Some of could be, you know, a condensate drain and an HVAC unit overflowing, right? So different types of leaks. And then we followed up with the properties. Not one of those buildings and any of those water events resulted in an insured claim. And so we were able to actually prove to the insurance world that this is a risk mitigative tool and actually the service that we provide, we like to call it risk mitigation as a service. ⁓ And by doing that, we've been able to help several buildings either move from kind of E &S, Excessive Surplus insurance policies over to admitted carriers, which of course are substantially cheaper. Jason Hull (07:27) Yeah. Nadav Schnall (07:41) or just simply being able to reduce insurance rates, right? You presented a certain risk before, now you present this risk. And so it can help properties both on the operation side, the maintenance side, but also on the insurance side. And I know I said a lot. Jason Hull (07:53) Yeah. No, that's, no, that sounds very fascinating. So I can see how this would be very important. So if the insurance companies are not having to do anything on these claims, then you would think they would be very incentivized to get people to implement this. Nadav Schnall (08:10) That's 100%. So in New York State, for example, where we have a lot of presidents, especially in New York City, we work with a number of carriers that provide anywhere from, this is on the homeowner side, but anywhere from 3 % up all the way up to 12 % premium reductions. year over year on your homeowners insurance policy. So if you have a building and let's say there's 100 apartments, if you happen to be insured with one of these insurance carriers, you will receive a discount on your premium year over year. their ROI is right there. And then of course we can help on the underlying building insurance policy as well. Jason Hull (08:50) Got it, okay. So what are the benefits for the, that's obviously a benefit for the property owner, right? What are the benefits for the property manager? Nadav Schnall (09:00) So, I mean, the obvious would be peace of mind, right? Because at the end of the day, the responsibility of a property manager is to make sure the building is operating properly, to make sure it's operating efficiently, to mitigate damages, to mitigate risks. And so the advantages of property managerial, first of all, you're able to see what happens in your entire building. So you'll have a dashboard. You'll be able to see each one of our sensing technologies. And I think we've heavily focused so far on water leak detection and maybe temperature detection, which is really, you know, these are one of our biggest sellers, but we do anything from water to gas to oil leaks, to mechanical malfunctions, environmental issues, even rodents. So we have a lot. know, thermostat. So we have different types of technologies all surrounded under our platform. And so the property manager will be able to see all these sensing, all these sensors across this entire building on one, on one dashboard. It will substantially reduce damages, right? So from a... to do share responsibility to the building. is very important, but more so it also gives peace of mind, right? That you know that this apartment or this building or this area, because a lot of our installations are mechanical equipment, right? We have a building that had a couple of leaks coming from the mechanical systems. Every time there was a leak there, it leaked into the elevators. The elevators went out, had to call the elevator company out, had to file another insurance claim. And every time that's there, the amount of time the property managers have to spend to deal with an incident like this, right? It doesn't only start with mitigating the damage itself. You gotta mitigate the damage, you gotta communicate with all the apartment owners, you gotta let them know what's going on. Then they have repairs, they have to coordinate with contractors, they have to file insurance claims, they have to file reports, they have to talk to their boards or their building owners. So there's a lot there. By installing a system like this, it gives you lot of peace of mind and saves you a lot of time. Jason Hull (10:46) So less damage, less work for the property manager, less stress in having to deal with frustrated owners, frustrated tenants. Yeah, so win-win all the way around. So you had mentioned a few things that this equipment can send for. So could you go over all those for us? Nadav Schnall (11:04) Yeah, sure. It's 100%. So we have, you maybe I started off a little bit in the beginning, we talked about Wi-Fi, but I really complete that thought. So I can start high level. So. First of all, what we use is use a technology called LoRaWAN. LoRaWAN stands for long range wide area network. So it's very similar to Wi-Fi in the sense that it is a wireless technology that we can communicate over this wireless network that it creates. But indifferent than Wi-Fi, has a couple of major differences, which is huge for buildings, huge for properties, right? Especially existing buildings where you're trying to retrofit a system, which of course you're very sensitive to, right? Because if you're... You know, if you're doing property management in a multifamily residential building and you have to access every single apartment, no one wants to like start running electricity or opening walls. It has to be really easy to deploy. You come in and come out under 10 minutes. That's what you're looking to do. So this technology, LoRaWAN, what it does is it is a very strong frequency. So the advantage is it can penetrate brick, mortar, you know. concrete, steel, whatever, whatever inside a building. And you can use one of these gateways. Gateways are similar to what we would call in the Wi-Fi world as like a router. So you would install one of those every maybe three to six floors, I would say, as opposed to a traditional router where you put it in an apartment, you have one for the entire apartment. The downside to it is that you can stream a lot of data on it. So it's great for the world of IoT and the world of sensors because you don't have to put on that. You just need to say, what is the temperature? I having a leak? Do I have this or do I have something else? So that is a very, very important advantage that this technology has over traditional systems, which rely on Wi-Fi. The other big thing it has is that it's extremely energy efficient. So each one of our sensors will last for about 10 years on battery life. Whereas traditional Wi-Fi systems, probably have to replace the battery once a year, once every two years, depending on the system. As far as our offering, so we have different liquid sensing technology, so oil and water. We also have gas detection. And for example, in New York City, they passed a law which was now tabled again, but they passed a law called Local Law 157. Every, you know, apartment or building in New York City that had gas, had to have gas detection. So we were able to help those buildings as well. And so buildings that already had our system had to now comply with a new law, easily just put it on the system, no problem. Temperature humidity, we spoke about. We have rodents. We have different types of sensing. For example, if you want to see the levels of different tanks. So for example, you have a big water storage tank or you want to know what the capacity is of trash or different. So we have devices that can sense distance. different sensors for different types of mechanical equipment to see where they go, what the status is, are they operating, are they not, are they in movement? Steam traps, we can tell you if a stream trap open. So there's a lot of stuff there. And I think one of the unique parts about ProSentry is that both me and my business partner, John, really come from the world. And so we meet with supers, we meet with property managers and they say, hey, you know, I really want to understand how I can better see this or how I can do that. And that's what we developed. And so we go out and we figure out what sensing to cloud booth exists for the world and we customize them for the buildings themselves. Jason Hull (14:15) Got it. Is this system also tie into some of the other sort of catastrophes besides water, like fire, smoke? ⁓ Nadav Schnall (14:23) So we have a smoke and vape detector, but it is not what you would call your traditional carbon-fiber monoxide type of sensor. And that is because, first of all, it's a very saturated market. There's a lot of companies out there that provide. We have the ability to interface into it. It was just a conscious choice not to get into that yet. Jason Hull (14:38) Yeah. Nadav Schnall (14:47) Just because you know, it's more of a niche market and that's more of a very wide market. There's also a lot of regular Jason Hull (14:52) Figure out smoking and vaping is another thing. Like, maybe four terms, stuff like this. Nadav Schnall (14:55) Yeah. So that we do have on the property, on the platform. that is a great sensing technology, especially for like rental buildings or buildings that have passed no smoking laws in the building. So it can do vaping, it could do marijuana, it could do cigarette smoke. And so we've had that. actually, one of the reasons we developed it, again, speaking to property managers and building owners, This is a West Coast property owner. he said, you know, one of my main reasons for non renewing leases in my building is because people smoke and people don't want to renew. And so that was one of the reasons we went out. came out with this, with a sensing technology and it can, you know, it kind of tattles on the smokers, but it works with that kind of building. Right. So if you sign into a building, which is a non-smoking building, you should have that same with hotels, et cetera, et cetera. Jason Hull (15:45) Cool. So I'm going to read a word from our sponsor and then I some more questions we'll get into. So this episode is sponsored by Vendoroo So many of you tell me that maintenance is probably the least enjoyable part of the property manager and definitely the most time consuming. But what if you could cut that workload by up to 85 %? That's exactly what Vendoroo has achieved. They've leveraged cutting edge AI technology to handle nearly all your maintenance tasks from initiating work orders and troubleshooting to coordinating with vendors and reporting. This AI doesn't just automate, it becomes your ideal employee, learning your preferences and executing tasks flawlessly, never needing a day off and never quitting. This frees up you to focus on the critical tasks that really move the needle for you and your business, whether that's refining operations, expanding your portfolio, or even just taking a well-deserved break. So over half the room at last year's DoorGrow Live. conference signed up with Vendoroo right then and there after hearing about it. A year later, they're not just satisfied. They're raving about how Vendoroo has transformed their business. Don't let maintenance drag you down. Step up your property management game with Vendoroo Visit vendero.ai. That's V-E-N-D-O-R-O-O.ai slash door grow today and make this the last maintenance hire you'll ever need. All right, cool. So back to... Back to what you were talking about, Nadeav. I'm curious, this sounds like a no-brainer. Is this expensive to get set up? Can this be turned into a profit center for property managers in some way? How does this typically work for property managers? Nadav Schnall (17:20) Yeah, sure. So, excellent questions. As far as the cost goes, it is very competitive in the marketplace. Sensors start at about $70 a sensor, depending on what it is. There is a cost for the network, but again, it is not a significant cost. The costs kind of vary based on the size of the building, and obviously there's volume discounts. But, you know, I think it, you know, from a Profit center, it's an interesting question, right? Because I don't know if you're actively going to make money from the building, from activating the system. However, you will get a return on your investment because again, you're able to, first of all, reduce repair costs. There's no question about that, right? we have... Examples examples examples of buildings that have installed our system and have caught dozens of water leaks some of which may have turned into Small things or maybe you and an overflowing club, but you caught that and you mopped that up But others are like these slow leaks behind walls and all kinds of areas like that that you otherwise would have not noticed and before it became mold and stuff so hundred percent you save money on that from a repair across perspective and Jason Hull (18:09) Yeah. Nadav Schnall (18:24) on insurance front, is really one of our biggest areas that we're focused on is trying to help buildings reduce insurance costs. And so in that sense, it does turn into a profit center, maybe not the traditional profit center as a fee for it, but you do save on other repairs on insurance costs. So in that sense, yes, you do make money on that. Jason Hull (18:42) So, Nadav, a question. So you've mentioned multifamily. There are a lot of people that listen to this podcast that also do single-family residential, or maybe they do individual condos, or they do short-term rentals or Airbnbs. Do you find that this makes sense for those scenarios as well? Nadav Schnall (19:03) 100 % it does. We focus... only on multi-dwelling, in other words, we're a B2B company in that sense, unless maybe there's a situation where there's someone who manages multiple individual condos, let's say, right? Or multiple Airbnbs and they want everything on kind of a dashboard and maybe that would make sense. There are solutions out there that focus on the single-family world, that are Wi-Fi based and they're meant for that. We are really more of a commercial grade. solution, right? And that's kind of how we set ourselves up. And that is really the big differentiator with us is that we're really focused on whole building solutions. We have automatic border shutoff valves, for example, which I haven't even mentioned before. But for example, we have a commercial building. where the building owners have no one at the building over the weekend and actually no one in the building after I think it's 7 or 8 p.m. till they come back at like 6 or 7 in the morning. So they proactively shut the water to the building when they leave and no one's there. So they don't even want to take the risk. Of course all of our sensors can connect to the automatic shutoff app and say hey if there is a leak we'll shut that off, we'll shut the water off. They just want to they just put it on a schedule and proactively shut it. So in that sense if you have single family or Airbnb managers, cetera, et cetera, you can all control it even from the app. You don't even have to be at the property. And you can just shut the valve off and shut the property. So if you're going to go away and let's say you want to winterize the property and shut the water off for a prolonged amount of time because you're not going to be there going on vacation. So you can do that with the system quite easily. Jason Hull (20:35) Interesting. for somebody that's like an Airbnb and they wanted to get this set up, and they wanted like maybe water, auto water shut off, some gas detection, you know, a couple of the most obvious important ones, what would it roughly cost for them to get that property outfit? Nadav Schnall (20:53) I mean, if it's a, if let's say we're talking about a single apartment, maybe like a one or two bedroom, you're probably talking about a one time cost of anywhere between 300 to $500. If you're in, if you're in that kind of situation, if it's slightly bigger, it all depends on the number of sensors. But again, if it's about $70 a sensor, how many points of water do you have in your, in your apartment? And then that's how you do the math. Jason Hull (21:18) Got it. So typically sensor per maybe bathroom or water. Nadav Schnall (21:22) Yeah, you'd put one to two per bathroom, right? Depending on how many, if you have a tub or a shower, we typically catch that with another sensor that would be placed nearby, maybe behind a toilet. Sensors are very sleek, non-invasive. They don't actually, many of them, this is actually a sensor. They don't even look that way. So it's good. They're discreet. They go behind toilets, under sinks and so on and so forth. And so it's very easy to deploy them as well. Jason Hull (21:48) Got it. And these don't have cameras on them, right? Nadav Schnall (21:51) No cameras. And as I mentioned, because we use LoRaWAN and it is unable to communicate or transmit large packets of data, it is impossible for me to record someone because the data packets are so small. The amount of data that would need to be transmitted just to record a sentence would take days and days and days. So it is impossible for us to do that. Jason Hull (22:04) Hmm. Got it. Got it. Okay, very cool. Well, what else should people know about this solution or whatever questions that people ask, maybe about ProSentry and then how can people get in touch with you? Nadav Schnall (22:29) So first of all, think the most important thing is, you know, we were built by real estate professionals. And so we really understand the industry and we're happy to consult. and speak to anyone who has any questions. There's no strings of ties. There's no cost for that. We're happy to give proposals. And every building is unique and every building has their unique set of challenges. And so I think it's important for your listeners to know that that's the world that we come from and we actually enjoy having conversations with real estate professionals. And so if anyone has any questions or wants to discuss, just feel free to reach out. Our website, which is www.prosentry.com. prosentry.com. Contact us or request a proposal. Very easy to get in touch with us. Or also info at prosentry.com. Jason Hull (23:14) Very cool. So one last question. If somebody goes to your website, they decide they want to get some of this stuff set up for the property, who actually comes out and gets all this stuff set up and installed? Do they have to get a contractor to do it? How does that work? Nadav Schnall (23:27) No, so it is extremely, extremely simple. So we have designed the system so that it is easy to be deployed by the building itself. And while we can provide recommendations for installers, 100%, I think there's one, I wouldn't say 100, I think 99%, I think it's one property that actually hired someone to do that. All of our properties, and I'm talking about hundreds of buildings, have installed the system by themselves. It is extremely easy. The system comes pre-configured. So the gateways are the only component that gets plugged in. Those are the routers, right? So you start by plugging those into the wall into regular outlet. They turn on in about a minute or so and start communicating. They automatically connect to cellular antennas. They automatically... create this internal private network only to that building. So there's no configuration, nothing else to do. And then you take the devices, the sensors themselves, you download our app, you scan a QR code on the device and all you do is you have a drop down menu and you say, I am in apartment 22B, it's already pre-configured, we'll configure the apartment, everything will be there. And you'll say, I'm placing it by the kitchen sink. That's it. That's all you gotta do. It automatically connects, the sensors automatically connect. And so, We do speak to some buildings and they're like, yeah, we don't want to take on. so I call it deployment because it's not even installation. It's not invasive. There's no drilling. There's nothing to do there. So we say, OK, we can give you a proposal for installation or connect you with someone who can do it for you. But then once they understand how they get a little bit of a demo and see how it's done, go, oh, this is it. It's very, very easy to install. one of the features that I neglected to, to, to, to mention, I think is important is we offer, live operator calls to buildings. And so a lot of providers out there will send you like an app notification or maybe an email or a text message, right. say, Hey, but again, property managers, right. We realize that at two o'clock in the morning, no one's looking at their phone to see if you got a text message. So we use an underwriter, laboratory certified call center with live people, not some robo call. Jason Hull (25:19) and Nadav Schnall (25:33) and they will actually call you and say, Jason, you have a leak in apartment 22 B in the kitchen. under the dishwasher, right? And if you happen not to be answering, we will call the next person online. We can have multiple people. And so we'll call the front desk. Front desk doesn't answer. Maybe the handyman, handyman doesn't answer. The resident manager, the property manager, the hotline, the board president, whoever you need. We can put that all under the platform. So that is an important feature and a differentiator, by the way, because there are not many companies that do that. But we do recognize that because time is of the essence when something like this happens, you need to make sure you can get in touch with Jason Hull (26:01) Mm. Nadav Schnall (26:09) someone before damage becomes something very small into something really big. ⁓ Jason Hull (26:13) Yeah, well, it sounds like a no brainer. Sounds very cool. And yeah, I recommend everybody check it out at prosentry.com. cool. Well, Nadav, thanks for coming and hanging out with us here on the DoorGrow show. Yeah, I appreciate it. So for those of you that maybe felt stuck or stagnant in your property management business, you want to take it to the next level, reach out to us at doorgrow.com. We can help. Nadav Schnall (26:27) Thanks for having me, Jason. This was fun. Jason Hull (26:40) And for a free training on how to get unlimited leads for free for your property management business, text the word leads to 512-648-4608. That's the word leads to 512-648-4608. Also be sure to join our free Facebook community just for property management business owners at doorgrowclub.com. And if you would like to get the best ideas in property management, you can join our newsletter. at doorgrow.com slash subscribe. And if you found this episode even a little bit helpful, don't forget to subscribe and leave us a review on whatever platform you saw this on. We'd really appreciate it. And until next time, remember the slowest path to growth is to do it alone. So let's grow together. Bye everyone.
In this episode of The Passive House Podcast host Mary James meets with Katie Schwamb, Managing Director at Building Energy Exchange (BE-Ex) to discuss emissions reduction and compliance with Local Law 97 in New York City. Local Law 97, sets carbon emissions limits for buildings over 25,000 square feet to help achieve near-zero emissions by 2050. Mary and Katie cover the importance of strategic planning, financial incentives, and challenges building owners face in complying with the law. Katie highlights Building Energy Exchange's array of resources aimed at advancing energy-efficient, decarbonized buildings, including case studies, retrofit playbooks, and their Local Law 97 calculator.https://be-exchange.org/Best of Retrofit: https://events.ringcentral.com/events/reimagine-buildings-retrofit/registrationThank you for listening to the Passive House Podcast! To learn more about Passive House and to stay abreast of our latest programming, visit passivehouseaccelerator.com. And please join us at one of our Passive House Accelerator LIVE! zoom gatherings on Wednesdays.
In this episode of the Lighting Controls Podcast, Webster and Ron welcome back Umesh Baheti, SVP of Product and Engineering at MaxLite, to dive deep into the evolving world of lighting controls and smart building integration. Here's what you'll discover:
The Moneywise Radio Show and Podcast Monday, October 27th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guest: Matt Clark, Managing Partner with Chain, Cohn, Clark Attorneys website: https://www.chainlaw.com/ office: 661-616-9829
Three of our favorite segments from the week, in case you missed them.30 Issues in 30 Days: ICE in the City (First) | 30 Issues in 30 Days: The Case for a Free CUNY (Starts at 17:50) | 30 Issues in 30 Days: Climate and Energy Policy (Starts at 33:13)If you don't subscribe to the Brian Lehrer Show on iTunes, you can do that here.
Caroline Spivack, reporter for Crain's New York Business, talks about the mayoral candidates' climate and energy policies, including their stances on Local Law 97.
The Green Impact Report Quick take: Former Wall Street trader Scott Donachie reveals why relationship-building trumps technology pushing in decarbonization deals, shares the HVAC foam that saved Mandalay Bay $15M, and explains his "calm the fears of the unknown" approach to navigating Local Law 97 compliance. Meet Your Fellow Sustainability Champion Scott Donachie is the Chief Executive Officer at Companies for Net Zero, connecting decision-makers across real estate, finance, and technology to drive sustainable impact. Based in New York, he leads an ecosystem of 300+ organizations transforming the built environment and infrastructure. A former Wall Street trader turned decarbonization evangelist, Scott discovered sustainability eight years ago after learning about 400 dormant landfills in New Jersey. He hosts invite-only Decarb Summits that bring together building owners, investors, and technology providers to share real-world lessons from the trenches.
The Green Impact Report Quick take: Former Wall Street trader Scott Donachie reveals why relationship-building trumps technology pushing in decarbonization deals, shares the HVAC foam that saved Mandalay Bay $15M, and explains his "calm the fears of the unknown" approach to navigating Local Law 97 compliance. Meet Your Fellow Sustainability Champion Scott Donachie is the Chief Executive Officer at Companies for Net Zero, connecting decision-makers across real estate, finance, and technology to drive sustainable impact. Based in New York, he leads an ecosystem of 300+ organizations transforming the built environment and infrastructure. A former Wall Street trader turned decarbonization evangelist, Scott discovered sustainability eight years ago after learning about 400 dormant landfills in New Jersey. He hosts invite-only Decarb Summits that bring together building owners, investors, and technology providers to share real-world lessons from the trenches.
In this episode of Building Tomorrow, guest host Adam Schiabor interviews NYCEDC's Jamie Horton and NYU Stern Center's Marianna Koval to discuss the recent report, Banking on Climate, which dives into the role of mortgage lenders in supporting building decarbonization efforts in New York City. They also share their personal journeys into sustainability, the importance of regulatory frameworks like Local Law 97, and the significant investment opportunities available in the green economy. Adam Schiabor, Associate Director, Research, Urban Green CouncilAdam is responsible for conducting data analysis and research into sustainability topics. Prior to Urban Green, Adam worked at a non-profit healthcare company that was dedicated to using the Affordable Care Act to expand access to services and lower the cost of healthcare in New Mexico. Adam holds a B.S in Mathematics and Economics from the University of Oregon and a M.A in Economics from the New School for Social Research.Guests:Jamie Horton is a member of the President's Office at the New York City Economic Development Corporation. He has been with the organization for seven years and began in the real estate transactions department. In his current role as SVP, Special Projects & Business Operations he leads several initiatives that sit at the intersection of real estate and innovation industries development; Many of his initiatives focus on growing EDC and NYC's role in the green economy, specifically the creation of a BATWorks, a $100 million climate innovation hub in South Brooklyn and growing the availability of green financing options for building decarbonization. Jamie holds a Bachelors of Public Health from UC Berkeley and a Masters of Real Estate Development from Columbia University. Marianna Koval is an Executive in Residence at the NYU Stern Center for Sustainable Business, where she develops innovative approaches to building decarbonization finance in New York City. Until July 2025, she served as director of Invest NYC SDG, a think tank and incubator that engaged the private sector to advance sustainability, equity, and resilience across key sectors including food and health, waste, climate resilience, renewable energy, the built environment, and sustainable mobility. An attorney with more than 30 years of experience in environmental sustainability, public policy, and government in New York City, Koval holds an MPA from Harvard Kennedy School, a JD from Fordham Law School, and an AB from Princeton University.Resources discussed in this episode: Banking on Climate: The Mortgage Lending for Decarbonization, December 2024, NYC EDCDecarbonization CompassIf you enjoyed this episode, please consider becoming a member of Urban Green, and subscribing to our podcast for more insightful conversations on building a sustainable future.We'd like to thank Carrier for sponsoring the event and podcast.#ClimateGoals #BuildingDecarbonization #EnergyEfficiency #NewYorkCity #NYC #NYCLocalLaw97 #Sustainability #Finance
Suzanne Miller, Red Apple Podcast Host and Real Estate Mogul, calls into the show to discuss the impact of recent political changes and upcoming laws, like Local Law 97, on condo and co-op owners who might face increased costs to retrofit buildings for electric compliance. She notes a rising panic among property owners and developers pulling out of deals, reporting a significant shift from a flourishing market to one filled with uncertainty, with affordability and safety being major concerns. Learn more about your ad choices. Visit megaphone.fm/adchoices
Host Mark Levine of NYC Property Management company EBMG sits down to lunch with Alex Zafran of Logical Buildings to talk about Local Law 88 and Local Law 97. We cover their due dates, extensions, pathways forward and more.Email the show! nycrealestatepodcast@gmail.com Email Alex Zafran directly at azafran@logicalbuildings.com for more information.Please pardon the periodic background noise and possible music intrusion as we were sitting outside.
Five years after the passage of Local Law 97, impacted property owners are facing their first reporting deadline under the groundbreaking carbon emissions reduction legislation.But it's the deadlines to come that will really challenge owners and the city at large. By 2050, all buildings are expected to get to zero.Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. My guest for this episode is Amanda Clevinger, policy and programs director for Bright Power. She and I discuss how owners are coping with the new building performance standard, how the city plans to fund its massive decarbonization project and and how owners not currently affected by emissions caps can prepare for what is likely to come in the future. "I think we need to get through the first year of emissions reporting, and then we're gonna see more of that focus of pushing buildings to take firmer actions to upgrade their buildings and Beneficial Electrification credits will be part of that discussion because it does provide a pretty lucrative reward for electrifying early," Clevinger told me.Here's a sample of the topics we discussed:An "aggressive" legislation (5:34)The road to electrification (8:41)Compliance challenges (12:10)How can older properties and co-ops comply? (16:34)Funding the work (21:26)Local law 97 and the split incentive (26:00)Energy effiiciency and AI (29:35)Building performance standards are spreading (31:03)
The case has been dismissed against a man accused of hitting an unhoused woman with his truck and dragging her body eight miles before fleeing the scene. April 18th 2025 --- Please Like, Comment and Follow 'The Ray Appleton Show' on all platforms: --- 'The Ray Appleton Show’ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. --- 'The Ray Appleton Show’ Weekdays 11 AM -2 PM Pacific on News/Talk 580 AM & 105.9 KMJ | Website | Facebook | Podcast | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
In this episode, host Gil Jenkins speaks with Marshall Cox, co-founder and CEO of Kelvin, a national leader in intelligent HVAC solutions for legacy buildings in major cities. Marshall shares the origin story of Kelvin (formerly Radiator Labs) and discusses the company's flagship product—the Cozy—an insulated radiator cover that maximizes efficiency and eliminates waste in steam-heated buildings. He also outlines Kelvin's growth plans and explains how New York's Local Law 97 is accelerating the push for building efficiency and decarbonization. The conversation explores Kelvin's hybrid electrification strategy and its broader implications for cost-effective, resource-efficient building decarbonization. Additional topics include market expansion, Kelvin's innovative financing model, and the importance of partnerships with HVAC contractors and other key stakeholders.Bio:Dr. Marshall Cox is the co-founder and CEO of Kelvin, a pioneer in sustainable building decarbonization and innovative HVAC solutions. He earned his M.S. in materials science and engineering from Cornell University in May 2004 and his Ph.D. in electrical engineering from Columbia University in 2013. Marshall holds over 10 U.S. patents and has published eight peer-reviewed papers in semiconductor devices, processing, and inorganic synthetic chemistry. He has received numerous awards through his work at Kelvin, including the MIT Clean Energy Prize, the Verizon Powerful Answers Award, and the Popular Science Innovation Award.Links:Kelvin WebsiteKelvin on LinkedInMarshall on LinkedInEpisode recorded February 7, 2025 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.
Mayor Eric Adams is in the Dominican Republic to honor the victims of last week's roof collapse at a popular nightclub. Plus, a lawsuit filed by a former Brooklyn principal against the DOE can move forward. Finally, the odd adventures of a wild turkey.
Welcome back to Architecture 5 10 20! I'm your host, Guy Geier, Managing Partner of FXCollaborative Architects in New York. My guests for this podcast are pioneers and visionaries shaping the future of the built environment across various disciplines. Join me in exploring their remarkable journeys, discovering how they reach their current heights, and envisioning what lies ahead in the next 5, 10, and 20 years. Listen in as I have a conversation with my colleague Dan Piselli, FXCollaborative Director of Sustainability. We break down what it actually means for architects to commit to sustainability and discuss the state of climate commitments in architecture and beyond. We talk about how firms are measuring up to the AIA 2030 Commitment, the gaps between goals and actual progress, and, of course, what needs to change if we want to hit those looming 2030 and 2040 climate milestones. Dan shares his insights into how sustainability has evolved from a niche interest to a central concern in architecture, as well as why some states and firms seem to be going faster than others in energy efficiency. We also talk about the commitments made by mechanical and structural engineers, contractors, and manufacturers because, after all, sustainability isn't just an architect's responsibility; it's an industry-wide effort. Along the way, we touch on the role of building codes, the impact of energy modeling (or lack thereof), and why some firms are struggling despite their best intentions, and, of course, we confront the big question: are we actually on track to meet net-zero goals, or are we just going through the motions? Dan shows how industry climate commitments help track progress and drive real change, even though there's still a lot of work to do. Moving forward, shifting laws and market trends should keep shaping sustainability efforts, with regeneration and adaptation playing big roles. If you are an architect, engineer, or just someone wondering what real climate action looks like in the world of architecture, then this episode is definitely for you. Time stamps: [02:09] - Dan reveals that his passion for sustainable architecture began in childhood and led him to become FX Collaborative's director of sustainability. [04:36] - The world is far from meeting Paris Climate Agreement targets, with U.S. climate funding looking at setbacks. [07:57] - Dan points out how the AIA 2030 commitment pushes firms to design net-zero buildings. [11:03] - In 2023, 61% of projects used energy models, but they only slightly outperformed non-modeled ones. [13:04] - Various industry commitments focus on carbon reduction. [16:06] - Dan argues that clients increasingly consider firms' climate commitments. [17:42] - Dan explains that, in 2023, 490 companies reported nearly 25,000 projects, with 10% meeting the 80% reduction target. [20:08] - Ruben Hall, a nearly complete Passive House retrofit, exemplifies energy-efficient building conversion in NYC. [23:18] - The 2030 memo outlines project goals, ensuring alignment with the commitment to energy efficiency. [25:44] - Dan explains how daylight dimming systems and LED fixtures enhance energy efficiency. [27:38] - Rapid environmental policy changes such as Local Law 9 stress the need for sustainability strategies focused on the future. [28:58] - Dan argues that the future of sustainability is in regeneration. Links / Resources:Guy Geier Instagram | Twitter Dan's LinkedIn Page
Host Mark Levine of NYC Property Management firm EBMG shares information regarding compliance topics that are relevant in the first few months of 2025.Email the show! nycrealestatepodcast@gmail.com Corporate Transparency Act: The required filings through the CTA (the Beneficial Owner Information) has been restarted to now require a March 21, 2025 filing. Link to FinCen info here: https://fincen.gov/boi Local Law 11 / FISP Cycle 10A starts on 2/21/25 and last for a period of two years. We recommend that if your building is in the A subcycle that you get started immediately on the inspection and work that may be needed. Local Law 157 gas detectors are required to be installed by May 1, 2025 in all areas that have a gas hookup in residential private spaces as well as building common areas.Feel free to reach out to Mark Levine at his corporate email of mblevine@ebmg.com or via phone at 212-335-2723 x.201.
Some City Council members are criticizing Mayor Eric Adams' proposal to allow federal immigration officers into Rikers Island, arguing it could endanger pre-trial detainees. Meanwhile, two council members are introducing legislation to prevent landlords from buying their way out of complying with the city's landmark climate law, Local Law 97, which requires buildings to cut greenhouse gas emissions. Also, Friday is the last day to apply for a seat on a community board in Brooklyn and the Bronx. Plus, this week's On the Way transit segment covers flagged OMNY student cards, a baby born on the subway, and what's behind the wrapped J/M/Z train structures.
A New York City regulator reported that Local Law 18 has effectively curbed illegal short-term rentals, with major booking platforms now in compliance. The Walt Disney Company is optimistic about expanding its cruise fleet and increasing theme park attendance, contributing to a robust revenue increase in its Parks & Experiences division. British Airways is revamping its communication strategy on its controversial loyalty program changes by launching a new microsite and video series to better inform customers. Disney's Gamble: More Cruise Ships, Parks, and Premium Prices British Airways Boosts Loyalty Messaging to 'Reassure' Customers NYC Enforcement Boss on Short-Term Rental Law: 'It's Working' - Exclusive Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews (https://www.youtube.com/@SkiftNews) and never miss an update from the travel industry.
Host Mark Levine of NYC Property Management company EBMG, sits down with Amanda Gerome, the CEO and Founder of A+ Electric to discuss: 1. Federal Pacific Circuit Breaker Replacements 2. Local Law 88 Requirements and Workflows Email the show! nycrealestatepodcast@gmail.com Amanda Gerome of A+ Electric can be reached at agerome@apluselec.com or on her cell phone at 516-978-8658. Mark Levine can also be reached on his corporate email at mblevine@ebmg.com or via phone directly at 212-335-2723 x. 201.
WiseUP Podcast Episode with Luke Getto from VoltServer
In this dynamic start to 2025, Amanda Gerome, CEO of A+ Electric, joins me as co-host for this special episode of Realty Speak. Together, we welcome Sadie McKeown, President of The Community Preservation Corporation, to discuss electrification and other critical upgrades driving the transformation of NYC buildings toward greater affordability and sustainability. Our engaging conversation delves into the challenges of complying with local laws like Local Law 88, uncovers how to unlock available rebates and offers actionable project and financing strategies for property owners pursuing sustainability for their buildings, both large and small. As a rising leader in the electrical industry, Amanda adds a fresh and insightful perspective, while Sadie brings invaluable expertise in affordable financing, grants and sustainability when collaborating with all stakeholders. And just when you think the conversation couldn't get more captivating, Amanda introduces a creative twist you won't want to miss.
Nostromo Energy's Yaron Ben-Nun and the Need for Thermal Storage in Decarbonization Yaron Ben-Nun, Founder and Chief Technology Officer at Nostromo Energy (TASE:NOST) where his vision for reducing carbon emissions led to the development of the company's IceBrick™ energy storage technology to help decarbonize buildings. A passionate environmental advocate, he has a background in big data analytics for industrial energy conservation and has held leadership positions at several clean-tech software companie Yaron's team designed an ice thermal energy storage system that is challenging the current energy storage landscape. With proven technology, their system is perfectly safe with zero degradation over 10 years of operation. Their first commercial deployment has been running since June 2019 and they have 3 systems under construction in total capacity of 3.8 mWh. Show Highlights Nostromo focuses on using water as an energy storage medium. Technology allows for retrofitting existing buildings to become sustainable energy storage systems. Ideal project specifications and electric bill structure for determining project viability. The growing importance of buildings in energy management as the green economy evolves particularly in large buildings with high cooling demands. Nostromo's technology is best suited for buildings with significant cooling loads. Inefficiencies of traditional energy storage methods like lithium-ion batteries. Enabling retrofitting of existing buildings into sustainable energy systems. The green economy is growing, and clean energy transformation is inevitable. Buildings must become proactive participants in energy management. Local regulations like New York's Local Law 97 are crucial for driving sustainability in the building sector. “You should wish to fail fast. That's what I'm saying. After a few failures, if you actually learn something from it, you will have success. So you need not only to get up on your feet, you need to know that it's all about how you get up from failure.”- Yaron Ben-Nun Show Resource and Information Connect with Charlie Cichetti and GBES GBES is excited our membership community is growing. Consider joining our membership community as members are given access to some of the guests on the podcasts that you can ask project questions. If you are preparing for an exam, there will be more assurance that you will pass your next exam, you will be given cliff notes if you are a member, and so much more. Go to to learn more about the 4 different levels of access to this one-of-a-kind career-advancing green building community! If you truly enjoyed the show, don't forget to leave a positive rating and review on . We have prepared more episodes for the upcoming weeks, so come by again next week! Thank you for tuning in to the ! Copyright © 2025 GBES
I'm not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.Watch the show on television by downloading the e360tv channel app to your Roku, AppleTV or AmazonFireTV. You can also see it on YouTube.When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Devin: What is your superpower?Jasmine: My superpower is my empathy. More than anything else, I feel deeply, and it drives all of the work that I do.Mid-Hudson Energy Transition (MHET) is revolutionizing how communities engage with renewable energy. Based in Kingston, New York, MHET empowers residents to access clean energy, reduce energy costs, and improve their homes through innovative programs.One standout initiative is the Home Energy Loan Program (HELP), which provides accessible financing for low-income residents to pursue energy-efficient home upgrades. According to Jasmine Graham, MHET's executive director, the program was designed to address the barriers residents face. “We heard, ‘I don't have the time, expertise, or money,'” Jasmine explained. “So, we said, ‘What if we manage the projects for you?'”The HELP Fund, which supports the program, is unique in offering opportunities for everyday people to invest. “We created an offering that allows accredited and non-accredited investors to join in and invest,” Jasmine shared. “This clean energy transition is happening, but right now, it's not very accessible to everybody.” Community investors earn a 4 percent return, a recognition of their risk and financial realities, while impact investors receive 3 percent, and mission-aligned philanthropic funds accept no return, prioritizing social impact.MHET also addresses affordability through its community solar program. Low-income participants can save up to 20 percent on their electricity bills with no upfront costs. “No cost to join, no cost to leave, and the savings continue for 20 years,” Jasmine noted.By integrating philanthropic partnerships and innovative financial structures, MHET ensures that low-income communities and people of color are not left behind in the clean energy transition. As Jasmine aptly said, “We want to make sure that folks have the financial resources and the time and expertise to make this happen.”MHET's work exemplifies the potential for systemic change through community-driven, inclusive solutions. Their impact resonates far beyond Kingston, offering a model for equitable climate action nationwide.tl;dr:* Mid-Hudson Energy Transition helps communities access renewable energy, lower costs, and strengthen resilience.* Community Choice Aggregation enables bulk renewable energy purchases, saving residents and small businesses money.* The Home Upgrade Grants program addresses structural issues to help low-income families decarbonize their homes.* The HELP Fund allows community members to invest in clean energy with tailored returns and protections.* Empathy and inclusion guide Jasmine Graham's leadership, ensuring no one is left behind in transitions.How to Develop Empathy As a SuperpowerJasmine's superpower is her deep empathy, which enables her to understand and connect with others, driving her leadership and efforts to address complex challenges. Her ability to put herself in others' shoes inspires her work in creating impactful solutions for communities, ensuring no one is left behind.Jasmine exemplified her empathy following a disappointing election outcome that deeply affected her climate-focused team. She prioritized their emotional well-being during a staff planning day, emphasizing self-care and resilience. By fostering kindness and compassion, Jasmine demonstrated how empathy can unite and motivate teams to continue pursuing their mission, even in challenging times.Tips for Developing Empathy as a Strength:* Engage in Conversations: Regularly connect with people from diverse backgrounds and perspectives to deepen understanding and build relational skills.* Learn About Others: Explore different cultures, life experiences, and issues to develop a broader perspective on humanity.* Practice Vulnerability: Share personal experiences and emotions to create authentic connections and foster mutual empathy.* Reflect on Differences: Recognize that varied upbringings and circumstances shape viewpoints, helping to bridge gaps in understanding.* Build Empathy Like a Muscle: Exercise empathy consistently in everyday interactions to strengthen it over time.Conclusion:By following Jasmine Graham's example and advice, you can make empathy a skill. With practice and effort, you could make it a superpower that enables you to do more good in the world.Remember, however, that research into success suggests that building on your own superpowers is more important than creating new ones or overcoming weaknesses. You do you!Guest ProfileJasmine Graham (she/they):Executive Director, Mid-Hudson Energy TransitionAbout Mid-Hudson Energy Transition: Mid-Hudson Energy Transition empowers communities to own and share renewable energy, create healthier buildings, and join in community wealth-building to strengthen the resilience of the Hudson Valley in the face of climate change.Website: www.mid-hudson.energyX/Twitter Handle: @midhudsonenergyCompany Facebook Page: fb.com/mid-hudson-energy-transitionOther URL: www.investinhelp.orgBiographical Information: Jasmine (she/they) is an energy justice expert, environmental policy advocate, and published scholar. With extensive experience in designing and implementing community-based renewable energy and building decarbonization programs, she has dedicated her career to ensuring that vulnerable communities have a voice in the clean energy transition. As the Executive Director of Mid-Hudson Energy Transition, Jasmine leads efforts to empower communities through renewable energy ownership, healthier buildings, and wealth-building initiatives. Previously, Jasmine held key roles in advancing cutting-edge energy policy across New York State, including appointments to New York City's Sustainability Advisory Board and Climate Mobilization Advisory Board under multiple mayoral administrations. In these roles, she guided the development of New York City's long-term sustainability plan and played a pivotal role in shaping the implementation of Local Law 97, historic legislation for building decarbonization. Jasmine earned a Bachelor of Arts in Environmental Studies from the University of Vermont and is currently pursuing a Master of Business Administration in Sustainability from Bard College.X/Twitter Handle: @jasminecgrahamLinkedin: linkedin.com/in/jasmine-c-grahamInstagram Handle: @jasminecgrahamSupport Our SponsorsOur generous sponsors make our work possible, serving impact investors, social entrepreneurs, community builders and diverse founders. Today's advertisers include FundingHope, Mivium, Azolla and SuperCrowd Impact Membership. Learn more about advertising with us here.Max-Impact MembersThe following Max-Impact Members provide valuable financial support to keep us operating:Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Paul Lovejoy, Stakeholder Enterprise | Ralf Mandt, Next Pitch | Add Your Name HereUpcoming SuperCrowd Event CalendarIf a location is not noted, the events below are virtual.* Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on December 17, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.* SuperCrowdHour, December 18, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At December's SuperCrowdHour, Jason Fishman of Digital Niche Agency will share insights. Free to attend.Community Event Calendar* Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events* Community Revitalization, Thursdays, 10:00 AM Eastern.* CfPA Webinar with President-Elect Jenny Kassan sharing her vision for 2025, December 11 at 2:00 PM Eastern.* NC3 Changing the Paradigm: Mobilizing Community Investment Funds, March 7, 2025* Asheville Neighborhood Economics, date TBD following impact of Helene.If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.We use AI to help us write compelling recaps of each episode. Get full access to Superpowers for Good at www.superpowers4good.com/subscribe
Welcome to Episode 52 of REAL ESTATE INVESTING IN NEW YORK!! Please remember to Subscribe, Review and Share this podcast, it is SO appreciated! YOU CAN ALSO WATCH THIS EPISODE ON YOUTUBE Contact me: Email: christina.Kremidas@elliman.com Join me on Instagram and Tiktok In this episode, I'm sharing the most important information that NYC property owners must know about Local Law 11: mandatory facade maintenance required for all buildings with 6+ stories. This is usually the most expensive project that condo & co-op buildings have to fund, and it happens every 5 years! Make sure you know what to look for so you aren't caught holding the bag. Are you purchasing in NYC? I would love to answer your questions!I hope you find this information helpful, and please reach out to me if you have any questions! I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Broker as you begin the property purchase or sale process, please do not hesitate to reach out to me. Discover the value of your home Please subscribe to this channel and turn on notifications (click the bell icon) so you can keep up with the videos I post! Check out my website
This week on Closed! we're joined by NYC Council Member Keith Powers for a very special episode! Council Member Powers asked his constituents what he could do to improve their quality of lives, and the result is our most requested, long-awaited episode on Sidewalk Sheds!We talk about the plethora of sheds on the streets of our city, covering everything from their obvious benefits and drawbacks to the unintended side effects. . How do sheds protect the populace? How do they harm local business? How does Local Law 11 contribute to an endless cycle of scaffolding going up and down in NYC?All this and more on this week's episode of Closed! NYC's Real Estate Podcast!You can learn more about Council Member Keith Powers at https://council.nyc.gov/district-4/And as always, for all things real estate and the law go to bfklawoffice.com Hosted on Acast. See acast.com/privacy for more information.
In this special episode of Realty Speak, the tables are turned as I step in as a guest on Inside R&E, the podcast from the real estate law firm Rosenberg & Estis, P.C., hosted by Justin Weitzman. Justin and I dive into the critical topic of Local Law 152 - Periodic Inspection of Gas Piping Systems, focusing on what Coop and Condo Boards, building owners, and property managers need to know during the second 4-year compliance cycle, which began on January 1, 2024. We explore the fundamentals of the law, how to effectively prepare for inspections and the common challenges that stakeholders face along the way. I also offer key insights on upcoming legislative changes that will impact which inspection observations may no longer pose issues, as well as how buildings with commercial spaces could see an expanded scope in their inspections.
J.J. and Dr. Yair Furstenberg contextualize the ethical teachings of the Tannaim. Follow us on Twitter (X) @JewishIdeas_Pod to get into arguments with other listeners about Seneca and Rabbi Yochanan ben Zakkai. Please rate and review the the show in the podcast app of your choice!We welcome all complaints and compliments at podcasts@torahinmotion.orgFor more information visit torahinmotion.org/podcastsYair Furstenberg is associate professor and currently serving as head of the Talmud Department at the Hebrew University of Jerusalem. His research focuses on the history of early rabbinic literature and law within its Greco-Roman context. In his publications he examines the emergence of Jewish legal discourse during the Second Temple period and its later transformation by the Rabbis. His current project "Local Law under Rome" funded by the European Research Council aims to integrate rabbinic legal activity into its Roman provincial context. Among his publications: Purity and Identity in Ancient Judaism: From the Temple to the Mishnah, University of Indiana Press 2023; Jewish Martyrdom in Antiquity: From the Books of Maccabees to the Babylonian Talmud, CRINT, Brill 2023 (with J.W. van Henten and F. Avemarie); “The Rabbinic Movement From Pharisees to Provincial Jurists”, Journal for the Study of Judaism 55 (2024): 1-43; and particularly relevant to this talk: ‘Rabbinic Responses to Greco-Roman Ethics of Self-Formation in Tractate Avot', M. Niehoff and J. Levinson (eds.), Self, Self-Fashioning and Individuality in Late Antiquity, Mohr Siebeck: Tübingen, 2020, 125-148.
In the fast-paced world of New York City real estate, keeping up with the ever-changing local laws is more than just a challenge—it's a necessity. Don't get caught off guard! Join us as Adam Batista and John Longo from Prise lead us through NYC's most critical regulations, including lead paint safety, gas piping inspections, parapet and parking garage inspections. But that's not all—climate change expert Marc Karell makes a special appearance to shed light on the latest climate laws and what they mean for your buildings. This episode is your essential roadmap to staying compliant and ahead of the curve in NYC's complex regulatory landscape. Tune in now to safeguard your investments and ensure your buildings are safe today and ready for the future.
A lot has changed since New York City began strictly enforcing Local Law 18, which effectively banned short-term rentals in the city. But it's unclear whether improved housing affordability, the goal of the crackdown, is one of those changes. An Airbnb analysis released in January found no evidence that the new rules had impacted rent prices or rental inventory, even amid new construction completions, and the city hasn't reported any changes in housing affordability metrics attributable to the law. An Airbnb analysis released in January found no evidence that the new rules had impacted rent prices or rental inventory, even amid new construction completions, and the city hasn't reported any changes in housing affordability metrics attributable to the law. Learn more about your ad choices. Visit megaphone.fm/adchoices
Principal and buildings engineer Jan Wei talks about the evolution of New York City's building performance standards and meeting the new demands of Local Law 97.
Reducing the speed limit is a simple way to make streets safer. Albany just passed Local Law M which will limit most Albany city streets from 30 to 25mph. James Rath of Capital Streets spoke with Sina Basila Hickey about this this law and overall street safety.
New York City Councilmember Carlina Rivera (D-2, East Village, Gramercy Park, Kips Bay, Lower East Side, Murray Hill, Rose Hill) talks about the mayor's emergency order that delays implementation of Local Law 42, just days before it would have gone into effect, that would have capped solitary confinement, among other things.
Being A NYC Multifamily Building Owner, Or Member Of A Condo Or Coop Board Has Become A Much More Complicated Job! They Need To Manage Rising Expenses, Rent Limitations, Government Imposed Regulations, And Capital Projects...Board Members, And Even Some Building Owners, Likely Have Full-Time Jobs And Need Help Doing These Things Well!Meet Tina Larsson, Co-Founder Of The Folson Group!The various issues facing Board Members (and even some building owners) who may be volunteers with limited expertise in the role of building management, led us to seek out an expert in the field. Do You Ever Wonder wanted to speak with someone who works with the various constituencies (owners, residents, Board members) in multifamily buildings to help facilitate solutions, streamline processes, manage complex projects, and achieve cost savings in all of the various aspects of a building's operations.Enter Tina Larsson, co-founder with Mark Foley, of The Folson Group (https://www.thefolsongroup.com/). In essence, their expertise in multifamily building cost reduction, project management, and value enhancement has made them a go-to resource for many co-op and condo boards, along with building owners, in NYC.Why engage with an outside consultant? Let's count the ways...Beyond the spike in building expenses, limitations on the recouping of renovation costs and restrictions on increasing revenue due to legislation such as the 2019 Housing Stability and Tenant Protection Act, buildings have to face unexpected and often extremely large expenditures brought on by regulations imposed by NYC such as Local Law 97 that mandates carbon neutrality by 2050.Issues Facing Multifamily BuildingsExpenses: On the expense side, the cost of every building input like utilities, insurance, and taxes has risen dramatically. So too have the number of capital projects, maintenance costs, and payroll expenses.Add to the mix all of the NYS and NYC regulations that will bring higher costs to the building owner and residents. A perfect example is Local Law 97 (LL97) which requires buildings larger than 25,000 square feet to be carbon-neutral by 2050, but that imposes immediate requirements. Income: Limitations on rent increases in NYC are well-known, and now President Biden has proposed legislation which would 'require large and midsize landlords to cap annual rent increases to no more than 5%. In addition, the recently implemented Good Cause Eviction will hinder a landlord from removing a tenant or deny a lease renewal without a court order.The Folson GroupOnce again The Folson Group's expertise in cost reduction and value enhancement has made them a go-to resource for many co-op and condo boards in the New York City area.If you are a multifamily building owner, landlord, or condo/coop Board member facing issues with out-of-control expenses or capital projects that are too large to handle, The Folson Group could be a good contact.The firm is also a NYC Accelerator Service Provider and ConEd Participating Contractor.You can reach Tina Larsson in the following ways...Email: tina@thefolsongroup.comPhone: (917) 648 - 8151 ___________________________________________________Do you have a great story to tell?Are you interested in appearing as a guest on the Do You Ever Wonder podcast? Let Mike Haltman know at mhaltman@hallmarkabstractllc.com.
Join Noah and John from UrbanDigs as they host a live webinar to dive into the complexities of the NYC commercial real estate markets with James Nelson, a leading expert and top producer from Avison Young. With extensive experience and deep knowledge of New York City's real estate landscape, James shares valuable insights on the current state of the market, investment strategies, and the potential for converting office spaces to residential properties. This episode provides a comprehensive overview of commercial real estate's current challenges and opportunities, making it a must-watch for investors, developers, professionals, and real estate enthusiasts. Highlights: 01:00 - Current State of NYC Commercial Real Estate 03:30 - Impact of Rising Interest Rates 05:35 - Buyer and Seller Psychology 07:00 - Foreign Investment Trends 09:00 - Office Leasing Market Post-COVID 10:55 Office-to-Residential Conversions 12:00 - Impact of 2019 Legislation on Multifamily Investments 15:00 - Retail Market Resurgence 17:10 - Challenges in the Office Market 20:00 - Understanding Cap Rates 23:00 - Insights on Pfizer Building Conversion 27:00 - Working with Commercial Brokers 33:00 - Alternative Uses for Office Space 36:10 - Local Law 97 and Its Impact 40:00 - Staying on top of data 42:00 - Is distress priced in? 45:15 - Podcasts as resources Link to James' Book, The Insider's Edge to Real Estate Investing: https://www.amazon.com/Insiders-Edge-Real-Estate-Investing/dp/1264865996 Links to James' podcast: https://podcasts.apple.com/us/podcast/real-estate-investing-live-from-new-york/id1486367901 https://open.spotify.com/show/0UcAl1JlzgGnHqQU4ayzQ5 https://jamesnelson.com/ James' Page at Avison Young https://www.avisonyoung.com/professionals/-/ayp/view/james-nelson/in/new-york Connect with James on LinkedIn: https://www.linkedin.com/in/jamesnelsonnyc/ ** Need a price cut? Want to wow a seller? Use UrbanDigs Advisor! ** Our customized pricing service closes deals faster and makes you look like a hero. Plus, subscribers get a big discount, so the ROI is literally OFF. THE. CHART. Email support@urbandigs.com and let us know what you need! https://www.urbandigs.com/advisor/ Got questions? We got answers! Visit our forum: https://www.urbandigs.com/forum/index.php?forums/main-forum.2/ Track the New York City real estate market with real-time data and charts: https://www.urbandigs.com/ Link to our overview of Manhattan or Brooklyn real estate stats: https://www.urbandigs.com/marketwide-charts/ For more Manhattan and Brooklyn real estate conversations: http://www.talkingmanhattan.com/
In this episode: 1️⃣ **Solar Farm Awaits Engineering Analysis in Liberty and Rockland** 2️⃣ **Rockland Sets Public Hearing for Local Law #2 of 2024** 3️⃣ **South Fallsburg Adopts Property Tax Levy Law** 4️⃣ **Wurtsboro Celebrates Bashakill Bazaar Grand Opening** 5️⃣ **Callicoon Fire Department Hosts 2nd Annual Car Show** 6️⃣ **SCVA Hosts Go Swap Literacy Exchange for National Tourism Week** 7️⃣ **Minivan Collides with School Bus on State Route 52** 8️⃣ **Hankins-Fremont Fire Dept. Forms Ladies Auxiliary**
"From the EEOC's perspective, whether an employment action, employment decision is made by a human or an algorithm, liability is going to be the same for those companies." "AI tools really have the ability to prevent discrimination, but at the same time, they have the ability to discriminate more than any one individual human being." -EEOC Commissioner Kieth Sonderling. Before we begin- Commissioner Sonderling requested that I share a link to this important report (Algorithms, Artificial Intelligence, and Disability Discrimination in Hiring). While the report focuses on the Americans With Disabilities Act, the ideas put forth apply directly to employment decision making and is an important missive summarizing the government's position on the relationship between AI and foundational regulation related to concepts such as the ⅘ rule and disparate impact. Summary: How lucky are we? My guest for this episode is none other than the grand poobah of employment regulations in the US, EEOC commissioner Keith Sonderling. The Commissioner has many great attributes that underlie his approach to the creation and enforcement of legislation critical to ensuring everyone gets a fair shake when it comes to employment opportunities. But I think one of his greatest attributes is his mission to make himself accessible to all channels of media and communication, including humble podcasters such as myself. In some sense, my big takeaway from our discussion is the idea that the more things change, the more they stay the same. By this I mean that the central tenets of fair and equitable hiring practices are immutable. While the tools that support employment decision making have, and will continue to become infinitely more complex, ensuring that signals used for hiring decisions are job related, and thus free of systematic differences based on irrelevant factors, is all that matters. The Commissioner and I have a really awesome and enlightening conversation about the evolving landscape of government regulation on AI in hiring. We begin with a discussion about his career trajectory, his insights about the integration of AI within HR practices, and the critical balance needed between innovation and ethical considerations. We have fun delving into the specifics of current regulatory frameworks, including the seminal Uniform Guidelines on Employee Selection Procedures and the recent developments in laws such as New York City's Local Law 144. Commissioner Sonderling shares his perspective that the future of regulation will likely be driven by state initiatives rather than new federal legislation. Takeaways:State-Led Initiatives: Commissioner Sonderling highlights that while the federal government may not introduce new legislation soon, states like New York and California are likely to lead the way in regulating AI in hiring. Employers should stay informed about state laws and consider adopting best practices from these regulations proactively.Navigating a Patchwork Regulatory Environment: With states potentially leading regulatory efforts, HR professionals must prepare to navigate a patchwork of regulations that may vary significantly from one state to another. This emphasizes the need for adaptable compliance strategies.Existing Federal Standards: Even in the absence of new federal legislation, existing laws and standards, such as the EEOC's Uniform Guidelines on Employee Selection Procedures, still apply to AI-driven employment decisions. Organizations must ensure compliance with these standards to avoid legal pitfalls.Proactive Compliance through Audits: Commissioner Sonderling advises businesses to conduct regular audits of their AI systems to ensure compliance and prevent discrimination. These audits should be thorough and based on relevant data to identify and mitigate any biases in the system.Vendor Responsibility and Data Integrity: The discussion highlights the importance of holding vendors accountable for the AI tools they provide. Employers must ensure that their vendors comply with ethical and legal standards and provide necessary data for compliance checks. We can expect vendors to be required to participate in 3rd party audits of their tools at some point in the near future.
Olmsted County Sheriff Kevin Torgerson shares plans for the annual Law Enforcement and Emergency Responder Memorial Service, while also providing an update on some criminal justice issues at the State Capitol.
2024 marks the first compliance period for the groundbreaking building performance standard in New York City known as Local Law 97. The law requires large buildings to go beyond simply reporting emissions and to begin to enact decarbonization standards. Or face fines.Paul sits with Luke Surowiec of ICF and who is the program director of the New York City Accelerator to talk about the current state of Local Law 97, how buildings are complying with the requirements, what lies ahead, and what other municipalities can learn from NYC Accelerator's experience in getting this off the ground.For more reference:Luke SurowiecNew York City AcceleratorLocal Law 97Follow Paul on LinkedIn.
"Legislation... has not kept up with the pace of technological advancements, posing significant challenges for ensuring fairness in AI-driven hiring processes."-Matt SchererSummary:In this episode of "Science 4-Hire," I welcome Matt Scherer, Senior Policy Counsel for Workers' Rights at the Center for Democracy in Technology, a non-profit based in Washington, D.C. The CDT champions the advancement of civil rights in the digital age, striving to ensure technology respects and enhances individuals' rights and democratic values.Matt and I have an enthusiastic conversation about the importance of understanding and navigating the evolving landscape of AI and automation in hiring processes. Matt brings his expertise to the table, dissecting the intersection of emerging technologies with workplace rights, the nuances of AI legislation, and the vital role of public policy in safeguarding fairness and privacy. Matt and I dive right into some great dialogue about the challenges posed by electronic surveillance, automated management systems, and the quest to elevate worker voices through technology. We spend a good deal of time focusing on the critical evaluation of AI hiring tools, highlighting New York City's Local Law 144 and its implications for a broader regulatory framework. Matt provides some really interesting and important points about the criticality of using a design-first mentality in developing AI tools as a critical part of ensuring they serve to enhance worker empowerment rather than diminish it.Insightful Moments:Matt discusses the Center for Democracy in Technology's (CDT) mission to advance civil rights in the digital age, focusing on the workplace implications of emerging technologies such as AI and automated management systems. The CDT's commitment to this cause is grounded in ensuring technology serves to enhance, not undermine, workers' rights and privacy.The conversation highlights New York City's Local Law 144, examining its strengths and weaknesses in regulating AI hiring tools. Despite being a pioneering piece of legislation, Matt suggests that the law is riddled with loopholes that many companies exploit to avoid compliance, demonstrating the challenges in crafting effective regulatory frameworks.Matt emphasizes the importance of design-first thinking in developing AI technologies for hiring. He argues that most challenges associated with AI and automated hiring tools stem from design issues, advocating for a holistic approach that integrates ethical considerations from the outset.The dialogue touches on the role of transparency in AI-driven hiring processes. Current practices often leave candidates in the dark about when and how they are being evaluated by AI, stressing the need for legislation that mandates clear disclosure to candidates.An exploration of upcoming legislation reveals a split between stronger regulatory regimes advocated by civil rights groups and more loophole-ridden proposals pushed by tech companies. This tension underscores the ongoing debate over how to effectively govern AI in hiring while protecting workers' rights.Matt shares insights into the civil rights standards for 21st-century employment selection procedures, a document aimed at modernizing and expanding upon the 50-year-old uniform guidelines for employee selection procedures. This initiative reflects a broader effort to update legal and ethical standards for employment assessments in light of advancements in AI and technology.
"This AI piece and all the ethics and governance and everything that goes around that... it really warrants a dedicated role and some specific communities focused on AI ethics and risks."Bob Pulver: Founder of Cognitive PathSummary:My guest for this episode is Bob Pulver, a seasoned expert in the intersection of artificial intelligence and talent acquisition, bringing with him over two decades of experience from his tenure at IBM to the forefront of AI ethics and responsible implementation.This episode not only provides valuable insights into the mechanics of implementing responsible AI, but also frames a narrative that reveals the complexity and necessity of ethical AI practices in today's technology-driven hiring landscape.Bob underscores the importance of ethical AI development, emphasizing responsibility by design, speaking to the need for a proactive stance in integrating AI into people practices. We both agree that compliance should not be a band-aid, or afterthought, but a foundational principle that begins with data acquisition and continues through to the implementation of AI-powered tools. A big part of our conversation revolves around legislation related to the use of AI hiring tools, including New York City's Local Law 144. Bob provides advice to organizations on navigating its anti-bias legislation and the broader implications for global regulatory landscapes.In sum, Bob and I both agree that responsible AI is not a game of short sighted interventions, but rather a transformative shift that affects every aspect of talent acquisition. We provide our ideas on how to navigate through this period of intense change, focusing on the practical challenges companies face, from internal upskilling to grappling with legislation that struggles to keep pace with technological advancements.Takeaways:Start with a Foundation of Ethics and Responsibility: Implementing responsible AI requires building your technology on a foundation of ethical considerations. This involves considering the impact on protected groups, ensuring accessibility, and integrating privacy and cybersecurity measures from the beginning.Understand and Comply with Relevant Legislation: Staying informed about and compliant with anti-bias legislation, like New York City's Local Law 144, is crucial. This law requires annual independent audits for automated employment decision tools, ensuring they don't adversely impact protected classes.Adopt a Holistic Approach to AI Implementation: Responsible AI transcends legal compliance to include a broader ethical framework. It encompasses fairness, privacy, cybersecurity, and the mitigation of various risks, including reputational, financial, and legal.Engage in Continuous Education and Upskilling: All stakeholders, regardless of their role, need to be educated about the ethical implications of AI. This includes understanding how to acquire and test data to mitigate bias and ensure the responsible use of AI technologies.Foster a Multi-Stakeholder, Cross-Disciplinary Dialogue: Creating solutions that are both innovative and responsible requires input from a diverse group of stakeholders. This includes technical experts, ethicists, legal teams, and end-users to ensure cognitive diversity and address the ethical, cultural, and practical aspects of AI.Prepare for an AI-Driven Transformation: Recognizing that AI transformation affects every aspect of an organization is essential. This realization should drive a commitment to responsible AI practices throughout the organization, from product development to deployment.
Columbia University's Daniel Zarrilli knows a thing or two about New York City and the effects of climate change.For almost a decade prior to Hurricane Sandy, he worked on the city's waterfront, managing maintenance and construction of the city's piers and bulkheads, overseeing cruise terminals and other maritime assets, and working with coastal communities on a variety of local projects. That experience along the city's 520-mile shoreline, plus his training as an engineer, put him in view of Mayor Michael Bloomberg as he was standing up his initiative to rebuild New York following Hurricane Sandy and make it more resilient.Bloomberg appointed Zarrilli as the city's first resilience director. He then became Chief Climate Policy Advisor under Mayor Bill de Blasio, helping usher landmark energy policy through the city council, which mandates emissions reductions produced by the city's largest buildings of 40 percent by 2030.Now Zarrilli serves as Special Advisor for Climate and Sustainability at Columbia University, helping to create a new world-leading climate school and advising on pathways to achieve the university's deep decarbonization goals. This wealth of deep experience and expertise makes him a valuable addition to the NYISO's Environmental Advisory Council, a group of outside experts that informs NYISO leadership on evolving state and federal climate policy and environmental justice considerations.Local Law 97, New York City's building decarbonization law passed in 2019, requires most buildings over 25,000 square feet to meet new energy efficiency and greenhouse gas emissions limits, with even stricter limits coming into effect in 2030.There are already indications that the policy is working, Zarrilli said. “New Yorkers have so much to be proud of for the progress that has been made,” Zarrilli said. “There were $20 billion in climate adaptation investments made after Hurricane Sandy, everything from flood protection to grid upgrades to new elevated hospitals in our coastal communities.” “I think the much more exciting thing about Local Law 97 is how it has catalyzed this marketplace in New York City around clean energy technology, innovation, and investment that is all now centered in New York City,” he said. “So much of our infrastructure was built for a world and a climate that doesn't exist anymore,” he said.He pointed to concerns about global economic conditions and supply chain challenges that can make electrification projects difficult. In the offshore wind space, he noted that some coastal communities have zoning concerns and questions that must be addressed and answered.Zarrilli credits the NYISO's forward-thinking approach to the wholesale electric market, which he says will drive incentives to speed up the clean energy transition. “The role that the NYISO plays to help provide that stimulus and incentive is really important, and not a fully appreciated role,” Zarrilli said, “but it's a critical one that I think the state and other ISOs are going to continue to learn from.Additional Resources and InformationThe New York ISO Environmental Advisory CouncilColumbia Climate SchoolLearn More Follow us on Twitter @NewYorkISO and LinkedIn @NYISO Read our blogs and watch our videos Check out our 2040 grid page
Building Places | People, Cities and the Future of Real Estate
Over 30 U.S. cities have committed to developing building performance standards by Earth Day in April, part of the Biden administration's National Building Performance Standards Coalition. But not all standards are the same, either in their ambition nor specific targets. New York's Local Law 97 aims to lower greenhouse gas emissions in large buildings. Other cities prioritize energy use intensity , which measures a building's energy efficiency. In this episode of Trends & Insights: The Future of Commercial Real Estate, experts explore the nuances of these regulations, the potential penalties for non-compliance, and the strategies building owners are using to navigate this evolving landscape. Tune in to gain a deeper understanding of how new green standards are reshaping the industry and the opportunities they present for sustainability and innovation. Subscribe: Apple Podcasts | Spotify | Google Podcasts Leave a message on the podcast hotline. We may use it on an upcoming show. Call (602) 633-4061. Or email us at trendspodcast@JLL.com. Get more insights about commercial real estate here.
Host Mark Levine, owner of NYC Property Management firm EBMG sits down in the virtual studio with Joe Chavez, the Deputy Director for Resilient and Efficient Buildings, part of the NYC Accelerator Program. Email the show! nycrealestatepodcast@gmail.com Topics covered on today's episode include: What is 97? How is the city supporting building owners? How much will LL97 cost for buildings to comply with 2030? Can you explain 2024 v. 2030? What are challenges facing building owners? What incentives are out there? How is the city addressing the availability of electrical service? What are unique issues facing NYC buildings? If you'd like to reach out to Mark's corporate email and / or call him, you can do so at mblevine@ebmg.com or 212-335-2723 x.201. NYC Accelerator's online presence can be found at: https://accelerator.nyc/
For Episode 27, we were joined by Cliff Majersik from the Institute for Market Transformation (https://www.imt.org/), where he helps to shape policy around energy efficiency in buildings. Will standards really drive wide-scale building decarbonization? And what does that mean for smart building technology? Cliff shared his deep knowledge of energy efficiency standards, building ratings and building codes. We discussed Local Law 97 and its impact as a driver of investment in decarbonizing buildings in the US. And how it compares to the Energy Performance of Buildings Directive in the EU.
Jey Kumarasamy is an associate at BNH.AI - a boutique D.C.-based law firm that specializes in AI and data analytics. Prior to this, Jey worked as a corporate and commercial lawyer in Toronto, Canada with a focus on technology transactions. He also has a technical background with software engineering experience in both the private and public sectors. Jey studied mathematics and computer science at the University of Toronto, and is a graduate of McGill University Faculty of Law. There is a lot of buzz around AI audits, especially with New York City's Local Law 144 coming into enforcement recently. However, for many lawyers there are still many points of uncertainty about implementing AI audits in practice. The goal is for in-house counsel walking away from this discussion to be able to answer the essential questions about an AI audit: What are they? What do they look like in practice? If and why their company may need one?
As recently as August, Airbnb was doing brisk business in New York City, with more than 22,000 listings there. Two months and a citywide crackdown later, that number has fallen to just above 3,000, a decrease of more than 80%. Local Law 18, which took effect last month, requires hosts of short-term rentals on Airbnb, Vrbo and similar sites to register with the city and live in the property they’re renting out. Marketplace’s Lily Jamali spoke with Amanda Hoover, a staff writer at Wired, who’s been following the fallout from the new law.
As recently as August, Airbnb was doing brisk business in New York City, with more than 22,000 listings there. Two months and a citywide crackdown later, that number has fallen to just above 3,000, a decrease of more than 80%. Local Law 18, which took effect last month, requires hosts of short-term rentals on Airbnb, Vrbo and similar sites to register with the city and live in the property they’re renting out. Marketplace’s Lily Jamali spoke with Amanda Hoover, a staff writer at Wired, who’s been following the fallout from the new law.
Jane Menton is a lifelong New Yorker and current resident of Queens, where she sits on the board of her co-op. In this episode, Jane, the mother of two young children, explains why New York City's Local Law 97, which mandates huge emissions reductions from buildings, is an “electrification monster” that will be “ruinously expensive” and could result in electricity shortages and a “humanitarian nightmare.” (Recorded August 29, 2023.)
Local Law 97 - which will require buildings in the city to limit carbon emissions - goes into effect next year. Rohit Aggarwala, chief climate officer and commissioner of the NYC Department of Environmental Protection, talks about the law, what it means for building owners and tenants, and offers some tips for getting help with compliance.