Local Law 97 penalty estimate
371 Flatbush Ave Extension may pay $459,239/year in fees starting in 2030
Loading map
Loading Street View
Why is this property expected to pay a fee beginning in 2030?
- Beginning in 2030, the city drops the emissions cap by 46%.
- At the same energy use, 371 Flatbush Ave Extension will be 1,714 tons over the cap.
- Penalty is $268/ton over the cap, $459,239 total
0Cap: 1,208 tons2,922 tons emitted
What is the estimated penalty for 371 Flatbush Ave Extension right now?
$178,324/year
- NYC caps a building's yearly greenhouse gas emissions.
- 371 Flatbush Ave Extension is 665 tons over the emissions cap.
- Penalty is $268/ton over the cap, $178,324 total
0Cap: 2,256 tons2.9k
Why does the penalty change in 2030?
- The emissions cap will be lowered by 46% in 2030, from 2,256 to 1,208 tons.
How much would the building need to cut its emissions to avoid the penalty?
59% less emissions than today
- This building must emit 59% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
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 match of this property type to the city's category is still being checked
- ○The compliance route the city assigns is not confirmed
Own or manage this building?
Get up to 3 quotes from vetted energy contractors.
Get quotes to cut this penalty
Similar buildings in Brooklyn
- 178 Livingston Street$69,590 a year from 2030
- 80 20th Street$32,599 a year from 2030
- 238 Bedford Ave$189,969 a year from 2030
- 160 Van Brunt Street$44,527 a year from 2030
- 5200 Kings Hwy.$1,604 a year from 2030