There is a proposal to reform the tax rates impacting both income and capital gains. President Biden’s proposal to tax capital gains at higher, ordinary income tax rates would lead the U.S. to have the highest top marginal tax rate on capital gains in the Organisation for Economic Co-operation and Development (OECD). The proposal would tax long-term capital gains as [...]
STRATCO rent-regulatory experts can deliver 4-day guaranteed turn around report outlining complex rent regulatory guidelines, legal rent increases, and provide owners with the necessary due-diligence audit tools at any level of an asset cycle. Click here to learn more about DHCR Advisory services. Should you want to engage STRATCO as your DHCR solution provider, contact [...]
With all levels of government inclusive of the city, state, and federal level focusing on expansion and integration of renewable energy, solar power is the most effective renewable technology for NYC properties. Solar power systems derive clean, pure energy from the sun. Installing solar panels on your building helps combat greenhouse gas emissions, decreasing your electricity bills, and improving [...]
There are several advantages to adding solar as part of your environmental advantage. Below we outlined some of the non-cash benefits of such: Solar Panel Tax Abatement The property owner will get a tax abatement equivalent to 20% of the system cost. Your property may be eligible for the abatements codified by the NYS Real [...]
Solar PV panels can be integrated into buildings for electricity generation. Having solar panels in your building can reduce the reliance on fossil fuels and the electric demand on NYC electric grid. STRATCO has partnered with best-in-class industry engineering and installers professionals to add future-proof solar PV technologies to your building. Why Go Solar: Benefits [...]
NYC Benchmarking Law (Local Laws 84 and 133) which requires owners of mid-sized and large buildings above 25,000 square feet to annually measure, report, and disclose their water and energy use by May 1st each year to the U.S. Environmental Protection Agency's (EPA) has been extended to June 1, 2021. What to do next If you are interested [...]
Green roofs offer many public and private benefits, and their performance varies by region, climate, and design. STRATCO has the best-in-class design and construction subcontractors of green infrastructure and can help your procurement of local government grant funding/reimbursement. Green roofs have vegetation that absorbs rainwater, provides insulation and combats “the heat island effect”, where urban [...]
New York State is striving to be ready to accommodate 1 million plug-in electric vehicles by 2025 through Charge NY. Join STRATCO in maximizing government incentives to create a competitive advantage for your assets. If your property meets select criteria we can install and operate an EV charging stations at no cost to you. To [...]
LL84 compliance is due May 1, 2021. In the below video, we have outlined best practices for filing your compliance report. While compliance may be a short-term goal, with some focus, you can maximize your eco-advantage in the marketplace. In this video, we outline: How smart companies seize competitive advantage through strategic management of environmental [...]
Are you proud of your building energy efficiency letter grade & score? NYC Building owners of buildings greater than 25,000 square feet must post their energy rating by October 31, 2020 to comply with LL95. What to do if you are not satisfied with your score and letter grade? STRATCO Property Solutions will assist you in the following: [...]
