Page 3 - CooperatorNews NY April 2021

COOPERATORNEWS.COM COOPERATORNEWS — APRIL 2021 3 TABLE OF CONTENTS Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor Darcey Gerstein Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Alan J. Sidransky Staff Writer CooperatorNews is published monthly by Yale Robbins Publishing, LLC, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and homeowner associations. POSTMASTER: Send address changes to CooperatorNews, 205 Lexington Ave., New York, NY 10016. ©Yale Robbins Publishing, LLC 2021. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: cooperatornews.com/subscribe P L L I ......... S In the spring of 2019, the New York City Council passed the Climate Mobilization Act—and with it, Local Law Number 97 (LL 97). LL 97 requires large existing buildings—those over 25,000 square feet—to reduce their carbon emissions 40% by 2030 and 80% by 2050. Unique in its aim, the law targets existing buildings and requires owners to invest in renovation and retrofitting to make their buildings more energy efficient. P , M , S .............. . L , C , R A 7.47 2.996 3.752 4.914 5.544 4.158 2.618 8.386 2.618 5.6283.794 2.59 4.132.282 5.25 5.2784.592 4.592 4.68 3.096 S D ... We’re here to help. Comprised of experienced lenders with local market knowledge, Flushing Bank’s Real Estate Lending Team offers one-on-one guidance to help you find the most favorable solution to fit your needs. As a leader in NY commercial real estate lending, we provide competitive rates and a streamlined loan process so you can capitalize quickly. Email us at RealEstateLending@FlushingBank.com or call: OWNER-OCCUPIED 1-4 FAMILY Duplex, triplex or multifamily property Homes, condos & co-ops 1-4 FAMILY + COMMERCIAL SPACE INVESTOR-OWNED 1-4 FAMILY Put your real estate investment plan into motion. Small enough to know you. Large enough to help you. ® Patrick Akosah 718.512.2798 NMLS #674966 Jeff Cui 718.512.2816 NMLS #1689598 Patrick Dolan 718.512.2817 NMLS #1016524 Daniel Lee 718.593.8067 NMLS #64756 Christopher O’Hara 718.512.2809 NMLS #673112 Michael Pollis 718.512.2911 NMLS #1703994 220 RXR Plaza, Uniondale, NY 11556 • FlushingBank.com/lending Flushing Bank is a registered trademark FB 1147 (RMU) Mixed-use Real Estate AD Update (The Cooperator) v3.indd 1 FB 1147 (RMU) Mixed-use Real Estate AD Update (The Cooperator) v3.indd 1 3/10/21 1:50 PM 3/10/21 1:50 PM Peter Chase Director of Sales Fred Marks Director of Sales