Local Law 97 penalty estimate
10 Leonard Street
What would the estimated penalty be in 2030, assuming nothing changes?
$0/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 10 Leonard Street will stay under the cap.
- So it owes no penalty.
Emitted 18Allowed 133
What is the estimated penalty for 10 Leonard Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 10 Leonard Street is 186 tons under the emissions cap.
- So it owes no penalty.
Emitted 34Allowed 220
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 220 to 133 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 34 to 18 tons.
- Energy use is held the same.
- Tons over go from 0 to 0 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
Similar buildings in Manhattan
- 622 West 114 Street$10,972 a year from 2030
- 24 Thayer St$216,689 a year from 2030
- 241 West 19th Street$2,158 a year from 2030
- 465 W 152nd St$17,491 a year from 2030
- 224 MULBERRY STREET$55,075 a year from 2030