New York agrees to delay All-Electric Buildings Act in court filing
New York has agreed to delay implementation of the All-Electric Buildings Act, which was scheduled to go into effect in January and would prohibit natural gas and heating oil equipment in many new construction projects, including residences. Attorneys for the state agreed in a stipulation filed in the U.S. District Court in Albany Wednesday to suspend regulations for the law’s implementation until an appellate court makes its decision in the case.
The appellate court, the Second Circuit U.S. Court of Appeals, has not yet added the case to its calendar but has allowed the groups that brought the lawsuit to expedite the appeal. Filings are due by late December.
The law was scheduled to take effect in January for new buildings that are seven stories or shorter. The same requirement would take effect for all other new buildings in 2029, with limited exceptions. To read the full story click here

Categories
Recent Posts

41 Allegany ST Buffalo, NY 14220

39 Pulaski St, Buffalo, NY 14206

Senators Warren and Booker Call for FTC Investigation Into 3 Real Estate Practices

New York housing inventory rises nearly 10 percent in September

77 Littlefield AVE Buffalo, NY 14211

1126 Grover RD East Aurora, NY 14052

Why Professional Photos Matter

Existing-Home Sales Increased 1.5% in September, According to NAR Report

Myth vs. Reality: Does the Fed Control Mortgage Rates?

Buying can still beat renting, even with mortgage rates above 7%