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Bloomberg Makes Energy Challenge as He Exits

January 3, 2014 By William Opalka

NYC Buildings

Departing New York Mayor Michael Bloomberg issued a challenge to the owners of multifamily buildings to reduce energy use.

The Natural Resources Defense Council’s blog reported that citywide climate change pollution is down 19 percent since 2005. This means that the city is already nearly two-thirds of the way toward reaching its PlaNYC goal of reducing this pollution 30 percent by 2030.

Bloomberg’s policies have focused on one of the most effective ways a city can reduce its carbon pollution: tackling its buildings.  In most cities, energy used in buildings is the largest source of greenhouse gas emissions; in New York City, buildings are responsible for nearly 75 percent of emissions. Multifamily buildings make up the largest chunk of the city’s building stock: 76 percent of the total number of buildings; 65 percent of gross floor area; 50 percent of the energy used; 55 percent of greenhouse gas emissions.

Ten of the city’s leading residential property management firms have already stepped up and announced they are accepting the challenge, committing to cut emissions by 30 percent across their portfolios in just 10 years. These firms will focus their energy efficiency efforts on a total of 200-500 buildings.


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