As part of a series with NYARM on the NYC emissions laws; Margie Russell, Executive Director of the New York Association of Realty Managers and I moderated a webinar addressing NYC Local Law 97 which will be enforced starting in 2024.
On Tuesday 04/12/2022 we went live and asked very pointed questions to the Local Law 97 expert and Licensed Professional Engineer, Marc Karell. Then on 05/23/2022 I gave him a call to include some updates that surfaced after the original recording.
Do you want to understand Local Law 97 and how the looming fines may impact your building portfolio and bank account? That and much, much more is all right here in the podcast version of the webinar.

Mentioned in the Episode:
On may 18th a group of cooperatives and building owners filed a lawsuit against NYC and the NYC DOB saying that LL 97 is an ill conceived and unconstitutional municipal law. Click HERE to view.
Venable Article Will a New Mayoral Administration Impact Local Law 97?
NY City Council Int 0115-2022

Realty Speak Episodes 5, 18 and 37 on Capital Gain Taxes:

To Reach Margie
Margie Russell, Executive Director
New York Association of Realty Managers (NYARM)
Mobile 516-456-0654

To Reach Marc
Marc Karell, P.E., CEM, EBCP
Climate Change & Environmental Services, LLC
Mobile 914-584-6720

To Reach Bill:
As always – Bill, the host of Realty Speak, is ready to be a resource to you when you finance, sell or purchase investment real estate and help you navigate around what you already own.
Call/Text 917-232-8529.
Visit Bill’s website
Connect with Bill on LinkedIn

Additional Resources from Bill:
NYC Local Law 152 – Periodic Inspection of Gas Piping Systems – Solution @

Property Owner and Property Manager Resource Page

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

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