Skip to content
FeeWarden

Local Law 97 penalty estimate

112 East 77 Street: $2,129,584/year in fees starting in 2030

Hospital · 103,019 sq ft · Manhattan

Current fee: $2,806,223/year

Loading map

Map
What would the estimated penalty be in 2030, assuming nothing changes?

$2,129,584/year

  • Beginning in 2030, the city drops the emissions cap by 50%.
  • At the same energy use, 112 East 77 Street will be 7,946 tons over the cap.
  • Penalty is $268/ton over the cap, $2,129,584 total
What is the estimated penalty for 112 East 77 Street right now?

$2,806,223/year

  • NYC caps a building's yearly greenhouse gas emissions.
  • 112 East 77 Street is 10,471 tons over the emissions cap.
  • Penalty is $268/ton over the cap, $2,806,223 total
Why does the penalty change in 2030?
  • The emissions cap will be lowered by 50% in 2030, from 2,453 to 1,229 tons.
  • NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 12,924 to 9,175 tons.
  • Energy use is held the same.
  • Tons over go from 10,471 to 7,946 tons.
How much would the building need to cut its emissions to avoid the penalty?

87% less emissions than today

  • This building must emit 87% less to avoid penalties.
  • Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 112 East 77 Street?

1/100, grade D

  • 112 East 77 Street scores 1 out of 100 for energy efficiency.
  • That is grade D on the city's scale. 50 is typical for its type.
  • It uses 2,072 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

Own or manage this building?

Get up to 3 quotes from vetted energy contractors.

Get quotes to cut this penalty

Tell us how to reach you. We pass your request to up to 3 vetted energy contractors who will send quotes. Nothing is shared until you send this.

Similar buildings in Manhattan