Local Law 97 penalty estimate
401 East 64th Street may pay $16,799/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, 401 East 64th Street will be 63 tons over the cap.
- Penalty is $268/ton over the cap, $16,799 total
0Cap: 120 tons183 tons emitted
What is the estimated penalty for 401 East 64th Street right now?
$32,414/year
- NYC caps a building's yearly greenhouse gas emissions.
- 401 East 64th Street is 121 tons over the emissions cap.
- Penalty is $268/ton over the cap, $32,414 total
0Cap: 199 tons320 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 199 to 120 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 320 to 183 tons.
- Energy use is held the same.
- Tons over go from 121 to 63 tons.
How much would the building need to cut its emissions to avoid the penalty?
35% less emissions than today
- This building must emit 35% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 401 East 64th Street?
1/100, grade D
- 401 East 64th 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 139 kBtu per sq ft a year.
DCBA
10100
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 Manhattan
- 543 W 125th St$23,162 a year from 2030
- 545 West 125th Street$22,767 a year from 2030
- 460 West 149th Street$42,328 a year from 2030
- 120 West 138th Street$5,283 a year from 2030
- 127 E 117th Street$1,431 a year from 2030