Local Law 97 penalty estimate
945 42 Street may pay $5,033/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 40%.
- At the same energy use, 945 42 Street will be 19 tons over the cap.
- Penalty is $268/ton over the cap, $5,033 total
0Cap: 114 tons133 tons emitted
What is the estimated penalty for 945 42 Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 945 42 Street is 44 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 189 tons146 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 189 to 114 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 146 to 133 tons.
- Energy use is held the same.
- Tons over go from 0 to 19 tons.
How much would the building need to cut its emissions to avoid the penalty?
15% less emissions than today
- This building must emit 15% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 945 42 Street?
40/100, grade D
- 945 42 Street scores 40 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 91 kBtu per sq ft a year.
DCBA
400100
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
Own or manage this building?
Get up to 3 quotes from vetted energy contractors.
Get quotes to cut this penalty
Similar buildings in Brooklyn
- 28 Argyle Road$9,570 a year from 2030
- 426 East 22 Street$60,329 a year from 2030
- 49 Parkville Ave$22,904 a year from 2030
- 1545 Dahill Road$8,621 a year from 2030
- 890 East 14th Street$2,981 a year from 2030