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How Co-ops and Condos Can Pay for Retrofits to Reduce Building Emissions

With his tenure scheduled to expire in eight months, Mayor Bill de Blasio has rolled out his parting climate wish list. It includes a joint purchase with New York state of Canadian hydropower and an expansion of geothermal energy through a city-run utility. In an interview with Crain’s, Ben Furnas, the newly appointed director of the Mayor’s Office of Climate and Sustainability, says there will be a “sprint” to enact climate initiatives during the twilight of the de Blasio administration, including assistance to co-op and condo boards that must meet building emission caps set by the Climate Mobilization Act. What follows is an edited version of the interview.  

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