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72 Lott Street may pay $374/year in fees starting in 2030

Multifamily Housing · 2,832 sq ft · Brooklyn

Current fee: none

Ranks #1,622 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 1 tons over the cap, a $374 penalty.
What is the estimated penalty for 72 Lott Street right now?

$0/year

  • 72 Lott Street is 4 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 19 to 12 tons.
  • A cleaner grid cuts emissions from 15 to 13 tons by 2030. Current trends put it 1 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?

11% less emissions than today

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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