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651 Madison St may pay $4,807/year in fees starting in 2030

Multifamily Housing · 28,800 sq ft · Brooklyn

Current fee: none

Ranks #1,227 of 1,658 Brooklyn buildings with a penalty from 2030

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Why is this property expected to pay a fee beginning in 2030?
  • Beginning in 2030, NYC drops the emissions cap by 40%.
  • At the same energy use, this property will be 18 tons over the cap, a $4,807 penalty.
What is the estimated penalty for 651 Madison St right now?

$0/year

  • 651 Madison St is 48 tons under the emissions cap.
  • So it may not owe a penalty.
How will this property’s penalty change in 2030?
  • The emissions cap will be lowered by 40% in 2030, from 194 to 117 tons.
  • A cleaner grid cuts emissions from 146 to 135 tons by 2030. Current trends put it 18 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?

14% less emissions than today

How energy efficient is 651 Madison St?

67/100, grade C

  • It scores 67 out of 100 (grade C), which is above average compared to its peers.
  • It uses 67 kBtu per sq ft a year.
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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