How C-PACE Is Financing New York Real Estate

Flexible Capital for the Big Apple

C-PACE is long-term, fixed-rate, non-recourse capital that can be used to finance development, acquisitions, refis and recaps in New York.

Whether modernizing older facilities or breaking ground for the first time, PLG can provide financing for improvements that help ensure every building is compliant with Local Law 97 (LL97).

New York C-PACE News

INSIGHTS

NYC Embodied Carbon

Loren Biller | July 30, 2026

New York has adapted its C-PACE rules to factor in embodied carbon, the emissions baked into a building's construction, making adaptive reuse projects far more incentivized than before. That means PLG's non-recourse capital can now finance building acquisitions, not just improvements, up to 35% LTV.

As a C-PACE pioneer, the PLG team has extensive experience finding innovative ways to get deals done. Our institutional backing means we have the capital to deploy across a range of deal sizes and asset classes.

We have in-house origination, underwriting, and servicing teams, so you’ll get a consistently excellent experience from quote to close.

Institutionally backed innovators committed to high-quality execution, that’s PLG. That's Real People / Real Capital ^®