Local Law 97 penalty estimate
214 ROCKAWAY PARKWAY: $21,024/year in fees starting in 2030
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What would the estimated penalty be in 2030, assuming nothing changes?
$21,024/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 214 ROCKAWAY PARKWAY will be 78 tons over the cap.
- Penalty is $268/ton over the cap, $21,024 total
251 ton cap78 over
What is the estimated penalty for 214 ROCKAWAY PARKWAY right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 214 ROCKAWAY PARKWAY is 50 tons under the emissions cap.
- So it owes no penalty.
Emitted 366Allowed 416
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 416 to 251 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 366 to 329 tons.
- Energy use is held the same.
- Tons over go from 0 to 78 tons.
How much would the building need to cut its emissions to avoid the penalty?
24% less emissions than today
- This building must emit 24% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 214 ROCKAWAY PARKWAY?
36/100, grade D
- 214 ROCKAWAY PARKWAY scores 36 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 103 kBtu per sq ft a year.
DCBA
360100
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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