Multifamily Owners

Get on the Road to Energy Efficiency

Save Money and Run More Efficient Buildings

New York City's groundbreaking Greener Greater Building Laws, passed in December 2009, require annual benchmarking of energy bills (on the US Environmental Protection Agency's Portolio Manager, see www.energystar.gov), energy audits every ten years and lighting upgrades for buildings of over 50,000 square feet in area.  However, even for properties not covered under these laws, it is good management practice to know where your buildings stand in energy use, to upgrade lighting to save electric and maintenance costs and to conduct an energy assessment to learn where you can save costs for oil, gas, electricity and water.  These are simply good building management practices.

Fortunately, a number of financial incentive programs are available to help building managers undertake energy assessments and upgrades.  The New York State Energy Research and Development Authority (NYSERDA) re-launched its Multifamily Performance Program in October 2010, Con Edison and National Grid offer incentives for New York City apartment buildings and, for buildings that are income eligible, the federal Weatherization Assistance Program offers generous incentives.

Making multifamily buildings more energy efficient also improves the environment by reducing pollution and greenhouse gas emissions, and helps tenants feel more comfortable in their homes. 

Multifamily Retrofit Basics

Financial Assistance Available for New York Multifamily Owners

A Resource Guide for Greening Multifamily Affordable Housing in NYC