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THE PAR REPORT YOUR Plumbing, Fire protection, Heating & air conditioning company bringing you the latest in industry news

The Par Report is a quarterly service of The Par Group. This quarterly newsletter is designed to keep you informed of industry news and Par's company updates.

Quarter 3 | September 2019

Feature Story

A Pragmatic Approach to New York City's Local Law 97

The Par Group strongly believes in the necessity of reducing the carbon footprint of the built environment. Achieving significant carbon reduction through replacement of systems at the end of their useful lives is of paramount importance. We must ensure that we do not move backwards by replacing old obsolete technology with new obsolete technology (i.e. replacing an oil-fired system with another oil- fired system because natural gas or other another alternative is not physically or economically available).

In order to achieve the goals of the recently enacted law we must get beyond the rhetoric of “electrify everything” and understand the fuels, technologies and systems available to us that will enable meaningful carbon reductions in buildings without the crippling economic effects. We must develop an understanding of the available fuel mix, and the interdependence of our piped fuel and electricity infrastructure so that we can take advantage within our buildings. Additionally, we must design and implement building systems that are future ready, enabling further carbon reductions at minimal cost and disruption as fuel mix shifts and new technologies become available.

The one certainty about LL97 is that nobody is yet an expert; the law has been enacted but the rules have yet to be written. Expertise can only come with implementation. It will take the entire Real Estate and Construction eco-system to successfully comply with the spirit and intent of this law. Property owners and managers will need a team consisting of professional engineers, contractors, energy suppliers and attorneys. For some it will be about money, and for others about “doing the right thing”.

Par is capable of being an integral part of your LL97 compliance team. We regularly install all types of boilers and water heaters, including heat pump systems powered by gas, electric and steam. We are uniquely situated to evaluate the installation costs, complexities and safety implications of replacement plumbing and HVAC systems. We can also advise on the implementation of new technologies, including suitability, installation difficulty and risk, available warranty support and reliability.

For more information call (516) 394-2329 or email compliance@pargroup.com

Headlining

NEW YORK

Central Park Tower will be the Tallest Residence in the WorldAM New York

Fifth Avenue's 1890s Demarest Building Faces Demolition – AM New York

After Amazon, Long Island City Locals Resume Push to Create Life Science Cluster – Bisnow

Under Construction: Dock 72 at the Brooklyn Navy Yard – Commercial Observer

Apple Unveils Its Renovated Fifth Avenue Flagship Store – Curbed NY

In Brooklyn, New Schermerhorn Street Condo Launches Sales Starting at $800K  Curbed NY

Dumbo's New Development Deluge The Real Deal

MTA Unveils $54B Plan to Upgrade NYC Transit Commercial Observer

NATIONAL

Xylem Bell and Gossett reopens newly renovated Little Red SchoolhousePlumbing and Mechanical Magazine

Land Deals for California's Bullet Train are Off Track – Commercial Observer

Velocity, ARCTRUST Plot $250M Opportunity Zone Project in Prince George's County – Commercial Observer

Here's What California's Rent Control Bill Means for LA CountyThe Real Deal

Landmark Bank in Downtown Hollywood could be Torn Down for Rentals – The Real Deal

Navistar's $250M Industrial Project in San Antonio – Commercial Property Executive

For more information on Con Edison's Leak Detector Program click here

Company News

After 6 months of inter-office fundraising events for SunriseWALKS, The Par Group raised over $10,000. On June 2, 2019, Par joined hundreds of other companies and individual walkers at SunriseWALKS to show our support for Sunrise Day Camp.

Wednesday, June 5th, The Par Group sent two of their employees to Jamaica, Queens where they participated in an event called Women Build. Conducted by Habitat for Humanity, our representatives were a part of a team of 16 women from various construction companies and law firms coming together to build a new home for a single mother.
Thursday, June 13, 2019, The Par Group was able to attend the U.S. Green Building Council’s 12th Annual Building Green Dinner where they got to honor Dr. Yacov Shamash, Sarah Oral, and Rosemary Mascali and talk with other people in the industry about building green to keep our planet safe.

On August 5, 2019, The Par Group had their 13th Annual Mildred and Samuel Levine Memorial Golf Classic. This annual event is a part of The Par Group’s continuous efforts to raise money for Sunrise Day Camp and we are thankful to everyone who participated and/ or donated to this wonderful event!

Career Opportunities

Submit your resume to careers@pargroup.com

The PAR Report is digitally published and distributed quarterly by The PAR Group.

For over 100 years, The PAR Group continues to service the five boroughs, Nassau, Suffolk and Westchester, as well as northern New Jersey through Triangle Plumbing, a PAR Group company. For more information click here.

Services

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Locations

For sales and marketing, call 516.394.2329

marketing@pargroup.com

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Created By
Brianna Totino
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