Gallery: Mayor Bloomberg Announces $100M For NY Landlords To Find Clean...

New York mayor Michael Bloomberg announced last week that the city’s landlords will be receiving more than $100 million in financing to help them switch from heavy heating oils to cleaner, greener alternatives. The move comes after new rules were passed last year that banned the use of heavy heating oils Nos. 4 and 6, and the funding is part of Mayor Bloomberg’s plan to cut fine matter emissions by 50% over the next two years. By converting to cleaner fuels, the mayor is hoping to not only give New Yorkers cleaner air, but also to generate $300 million in construction activity.

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