Case Studies

Case Study: Counterpointe Sustainable Real Estate

Counterpointe Sustainable Real Estate wanted to:

Pass the Climate Mobilization Act of 2019, which would require most NYC buildings larger than 50,000 square feet to reduce their carbon emissions by 2030, authorize the use of Property Assessed Clean Energy (PACE) financing to help building owners access low-cost, fixed-term PACE financing to pay for their building improvements in a cost-effective manner, and incentivize the use of renewable energy in NYC buildings.

Challenges Counterpointe Sustainable Real Estate faced

The act was extremely complex, and required diverse stakeholders in the real estate, environmental, labor, and business communities to coalesce around a package of bills that would include PACE financing.

Capalino Assisted with

What we got done

Capalino worked with a wide coalition of stakeholders to help pass the Act, which is now the nation’s most ambitious municipal program to reduce greenhouse gas emissions from large buildings. By focusing on the environmental and job-creating benefits of the Act and the ways that PACE financing could help ensure the most cost-effective implementation of the Act’s building retrofit requirements, we helped ensure its passage.

Testimonial

Capalino is proud to work with Counterpointe and a wide range of building owners to help ensure that they can access PACE financing when the program is implemented. –Rich Kassel, Group Leader, Capalino

Sustainability

Alliance for Clean Energy New York (ACE-NY)

Alliance for Clean Energy New York (ACE-NY)

Urban Offsets

Urban Offsets

BYD

BYD