NYC Decarbonization Compass
Explore NYC real estate carbon emissions and finance data in a single tool.
Combining building energy benchmarking data with mortgage lienholder information, this tool provides a comprehensive view of New York City’s LL97 financed carbon emissions. This information can shed new light on opportunities for efficiency upgrades, which are crucial for reaching our net zero climate goals.
A Powerful Tool
For Banks &
Mortgage Lenders
Mortgage Lenders
Search by mortgage holder to view aggregated and individual emissions data for properties in your portfolio and gain insights for where to prioritize decarbonization.
For Policymakers &
Retrofit Advocates
Retrofit Advocates
Search by compliance pathway or energy grade to get a comprehensive view of the carbon footprint of building categories over time and regulatory change.
For Building
Professionals
Professionals
Search by neighborhood, address, or building use to see emissions and financing details for buildings subject to LL97 and discover potential retrofit opportunities.
Tip: If you see a message on the Decarbonization Compass saying "this visualization must be viewed on a larger screen," all you need to do is expand your browser window or zoom out!
Please note that this is a beta version of the Decarbonization Compass which is still undergoing final data cleaning and verification before its official release. The purpose of this beta version is to conduct testing and obtain feedback. If you would like to provide us with comments, please email sustainablebusiness@stern.nyu.edu
See below for an example of how to use the Decarbonization Compass. The images will walk you through an example of how to use various filters in the Decarbonization Compass
“We must become a carbon-neutral city, but we can only do that if we decarbonize our buildings.... Buildings are the largest emitters of carbon, so we are investing in bringing renewable energy to them and making New York City a national leader in green buildings — creating tens of thousands of jobs for New Yorkers and delivering environmental justice for our city.”
NYC Mayor Eric Adams
Resources
How to Use the Decarbonization Compass
About this Project
Seventy percent of New York City’s carbon emissions comes from the one million buildings in our built environment, making building decarbonization vital for reaching net zero goals. The mortgage banking industry has a crucial role in tackling climate change, providing the needed financing to meet these goals.
This tool brings together building energy benchmarking data with mortgage lienholder information to provide a comprehensive view of the largest financiers of New York City’s LL97 carbon emissions. But, whether you’re a bank trying to understand and mitigate your scope 3 emissions, a building professional seeking to build an energy retrofit construction pipeline, or an individual looking to incentivize climate action, our data tool can help:
Search by mortgage lienholder to see a lender’s total portfolio of buildings subject to Local Law 97, aggregated and individually.
Search by neighborhood, address, or building use to find retrofit opportunities.
Search by compliance pathway to see the carbon footprint of building categories over time and regulatory change.
The NYU Stern Center for Sustainable Business (CSB) launched this public data tool as part of its multi-year Invest NYC SDG initiative, in collaboration with the Chao-Hon Chen Institute for Global Real Estate Finance at the NYU Stern and the Urban Green Council. This building map of NYC was created to support the financing of energy efficiency and clean energy projects for buildings subject to Local Law 97 and was originally launched in a beta form in collaboration with the Mayor’s Office of Climate and Sustainability (MOCS) and the NYC Energy Efficiency Corporation (NYCEEC).
By harnessing the power of academia, industry, government, and the community to align people, corporations, and politicians in decarbonizing the built environment, we are catalyzing a more sustainable future for New York City.
The NYU Stern Center for Sustainable Business (CSB) was founded on the principle that sustainable business is good business. We provide education, conduct research, and influence industry practice by proving the financial value of sustainability for business management and performance. At CSB, we aim to equip future and current corporate leaders with updated business frameworks that embrace proactive and innovative mainstreaming of sustainability, resulting in competitive advantage and resiliency for their companies as well as a positive impact for society.
The Chao-Hon Chen Institute for Global Real Estate Finance draws on faculty from across Stern, partnerships with urban and real estate research centers university-wide, and deep engagement with leaders in industry and policymakers to advance our understanding of real estate and the built environment through groundbreaking scholarship, applied research, and teaching. Home to the Center for Real Estate Finance, as well as initiatives addressing issues ranging from data science to real estate in emerging economies to the critical challenge of climate change and the built environment, the Institute and its affiliated faculty work to address the most significant questions facing the industry today and into the future.
Urban Green Council's mission is to decarbonize buildings for healthy and resilient communities. We do this through consensus-building with a broad range of stakeholders combined with technical analyses to find actionable, equity-centered solutions. Then we educate for results. Working with government, industry, fellow nonprofits and community groups, Urban Green pursues activities that have scalable impact: We focus exclusively on buildings, which account for more than two-thirds of New York City’s carbon emissions.
Contributors
Invest NY SDG Team
Marianna Koval, Director, Invest NYC SDG, Center for Sustainable Business
Kendra Gibbs, Assistant Director, Invest NYC SDG, Center for Sustainable Business
Xiangyue (Max) Wang, Project Lead (2021-2022, 2023), Invest NYC SDG, Center for Sustainable Business
Saahil Jain, Project Lead (2023 - present), Invest NYC SDG, Center for Sustainable Business
Alejandro Cardona, Project Lead (2019-2021), Invest NYC SDG, Center for Sustainable Business
Kritik Seth, Project Assistant, (2023-present), Invest NYC SDG, Center for Sustainable Business
Miles Draycott, Steering Committee Member, Invest NYC SDG, Center for Sustainable Business
Gary Friedland, Scholar in Residence, NYU Stern
Special Advisors & Consultants
Sam Chandan, NYU Stern C.H. Chen Institute for Global Real Estate Finance
Adam Schiabor, Urban Green Council
Maxwell Austensen, NYU Furman Center
Lara Croushore, Formerly Mayor’s Office of Climate and Sustainability
Peter Erwin, Formerly NYC Energy Efficiency Corporation
Elissa Knight, Formerly Mayor’s Office of Climate and Sustainability
Fred Lee, Formerly NYC Energy Efficiency Corporation
Susan Leeds, NYCEEC Founder and Member of the Board of Directors
Matt Murphy, NYU Furman Center
Matthew Visscher, NYC Department of Finance
Additional Support
Vishal Baijal & Anirban Gosh, LTI Mindtree
Dorian Lam, Cornerstone Land Abstract
Tom Delorenzo & Drew Vaughn, MBS Data
Larry Barnett, Wilden Lane Holdings
Kael Goodman & Ning Zhou, Marketproof, Inc.
Sujesh Sukumaran, American Express
YuhTyng Patka, Adler & Stachenfeld
Rebecca Hume, Design
Kapil Hinduja
Ayan Majumder
Zachariah Rosenberg
Michael Oppenheim
Thank You to Our Sponsors
Share your feedback
Please contact us with your questions or suggestions for improving this tool at sustainablebusiness@stern.nyu.edu
The information contained in this tool is the work of NYU Stern Center for Sustainable Business and drawn from publicly available information. Some fields have been self-reported by property owners. The tool should not be relied on as specific legal or risk mitigation guidance. NYU, The Furman Center, the Mayor's Office of Climate and Environmental Justice and NYCEEC are not responsible for any errors or omissions.
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