NYSERDA’s Multifamily Performance Program (MPP) provides incentives from $700-$3,750 per unit for affordable multifamily property owners and managers who lower their building’s ongoing operating costs by making improvements. MPP is meeting its sunset period and will be transitioning to LMI Utility Join Implementation Program and Affordable Multifamily Energy Efficiency (AMEEP) Program by February 2022. The [...]
The Department of Buildings (DOB) is now issuing violations to owners of buildings over 25,000 SF who failed to disclose/post their Building Energy Efficiency Rating (BEER) letter grade (A, B, C, D, and F) label to the public at the building’s public entrance as required by Local Law 33 of 2018. The Department randomly audits [...]
History seems to be repeating itself: carbon is the new asbestos. As a result, there is a united global initiative to remove carbon from our world. Countries all over the world are in the mindset of re-inventing their economic goals, where net-zero decarbonization jobs drive the GDP growth. New York has the nation's most ambitious [...]
STRATCO is a utility rebate aggregator for ConEdison and is seeking Air-source Heat Pump (ASHP) and Variable Refrigerant Flow (VRF) jobs to apply for rebates for NYC. Job Criteria HVAC must be all electric New office build outs ASHP or VRF installed in 5 boroughs must be completed on or after July 2020 Pre-development and [...]
The state of New York has many goals related to Electrical Vehicle (EV) charging, some of which include deploying over 850,000 EVs by 2025 and creating 10,000 EV charging stations by 2021. To reach this target, multiple incentives with varying benefits have been put into place. Additionally, if your property meets select criteria rebates, STRATCO [...]
STRATCO is a utility rebate aggregator for ConEdison and is seeking Heat Pump Water Heater (HPWH) jobs to apply for rebates for NYC. Why HPWHs? HPWHs are economical and energy efficient- electrification may become a requirement, with many municipalities adopting all-electric reach codes to significantly reduce carbon emissions (over 80%) 50% energy reduction and 60% [...]
During periods of high demand for electricity, there is a struggle to balance the needs of the customers and the grid’s capacity. One way to help alleviate this issue is through the installation of battery storage system. These systems are comprised of rechargeable batteries that store energy from solar arrays or the electric grid and [...]
STRATCO is a utility rebate aggregator for ConEdison and is seeking Air-source Heat Pump (ASHP) and Variable Refrigerant Flow (VRF) jobs to apply for rebates for NYC. Timeline Con Edison has given only until August 31st to submit retroactive application for jobs under construction or completed. Going forward, only jobs in pre-development may be submitted. [...]
The New York State Assembly has drafted proposed legislation addressing “first rents and substantial rehabilitation applications”. Click on this link to watch STRATCO/B6 discuss with Noah Levenson from Butnick & Levenson. If you are seeking key money for your rent regulated units, please email us here. STRATCO has clients/tenants seeking low rent-regulated units to relocate tenants too. Client here to [...]
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 [...]
