Wall Street Journal: New York City Landlords Soon Could Be Required to Post Energy Ratings by Josh Barbanel
Large buildings across New York will have to post letter grades in their lobbies disclosing their energy efficiency, if a measure before the City Council passes.
The new rating system is modeled after the ubiquitous grades for sanitation posted in restaurant windows across New York.
The proposal is part of a package of quality-of-life measures due to be taken up by the City Council on Tuesday, at its final scheduled meeting of the year.
A second measure is designed to limit noisy after-hours construction that has led to complaints in residential neighborhoods, especially on Manhattan’s Upper East Side.
The notice would include the posting of a federal energy efficiency rating already required under existing law, and a simplified letter grade from A-D (or F for some buildings that fail to file) beginning in 2020.
Council member Daniel Garodnick of Manhattan, the lead sponsor of the bill, said he expected it to pass the council easily. He said it would allow commercial tenants and residential renters and owners to pressure building owners for improvements.
“We think that a market-driven approach here will help encourage more efficient buildings,” said Mr. Garodnick, whose tenure on the council ends this month because of term limits. “We think it will foster a higher level of engagement.”