Local Law 97 penalty estimate
1806 48 st
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Is this property expected to be penalized in 2030 at current energy use?
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 1806 48 st will stay under the cap.
- So it may not owe a penalty.
0Cap: 163 tons157 tons emitted
What is the estimated penalty for 1806 48 st right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 1806 48 st is 113 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 270 tons157 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 270 to 163 tons.
How much would the building need to cut its emissions to avoid the penalty?
- No cut is needed.
- At its current energy use it stays under the 2030 cap.
How reliable is this estimate?
- This is a planning estimate, not the city's official number.
- Owners report their own energy use, and reports can have mistakes.
- The city makes the final call.
- ✓Energy use comes from the building's own 2024 report to the city
- ✓Emissions rates for 2024 to 2029 match the law
- ✓Emissions rates for 2030 on match the city rule
- ✓The property type is matched to the city's category
- ○The compliance route the city assigns is not confirmed
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- 1529-42nd Street$7,420 a year from 2030
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- 16 Ten Eyck Street$22,928 a year from 2030