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Duval & Stachenfeld LLP Announces Formation of New York City Climate Mobilization/PACE Task Force
NEW YORK–(BUSINESS WIRE)–Duval & Stachenfeld LLP – The Pure Play in Real Estate Law® – announces
the formation of its New York City Climate Mobilization Task Force. The
Task Force will address all client needs with respect to the newly
adopted Climate Mobilization Act in New York City including the statute
enabling PACE (Property Assessed Clean Energy) financing, which was
enacted as part of the Climate Mobilization Act. The City included PACE
so that it would assist in paying for the costs of compliance. PACE
provides a way for owners to finance up to 100% of the cost of the
improvement that will be needed to meet the requisite carbon reduction
targets.
The new law requires a 40% reduction of greenhouse gases from (most)
medium to large sized privately owned buildings in New York City by 2030
and an 80% reduction by 2050. Additionally, the Act requires that
compliance be in place starting in 2024.
The Duval & Stachenfeld NYC Climate Mobilization Task Force will: (i)
assist clients with compliance with the Act; (ii) assist clients in
assessing rights and obligations for costs of compliance in respect of
new and pre-existing agreements (including, for example, leases, joint
ventures, loan transactions, construction, development and property
management agreements); and (iii) represent borrowers and lenders in
PACE financings.
Duval & Stachenfeld Chairman, Bruce Stachenfeld, said: “The Climate
Mobilization Act is going to have a major effect on nearly every
building owner in our hometown of New York City. The assistance our
clients will need will span many practices, including: Real Estate, Real
Estate Finance, Leasing, Development, Land Use, NYC Real Estate Tax &
Incentives, PACE Finance, and Tax Exempt Organizations. Fortunately, we
have all of these practices within our Real Estate Pure Play. Clients
have already been calling us for advice on the Act and we have assembled
a 20-attorney team to advise our clients on all aspects of compliance
with the Act as well as the PACE financing component.”
Real Estate Finance Practice Chair, Tom O’Connor, who has been leading
the Firm’s cutting-edge PACE Finance Practice, added: “We have been
handling PACE financings for over a year. After seeing this niche
product develop over the past few years, I believe a lender – or
borrower – that is not open to PACE finance is putting itself at a real
competitive disadvantage in New York City.”
Duval & Stachenfeld (the “Firm”) is known for regularly handling the
most complex and sophisticated real estate transactional work throughout
the United States and globally as well. With approximately 45 full-time
real estate attorneys, the Duval & Stachenfeld Real Estate Practice
Group has one of the largest real estate law practices in New York City.
The Firm distinguishes itself with its pure play focus on real estate
law. For more information, please visit www.dsllp.com.
Contacts
Kristen McMaster, Director of Marketing
Duval & Stachenfeld LLP
Ph:
(212) 672-3786
[email protected]
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Cannabis
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Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace-302131618.html
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