Local Law 97 penalty estimate
33 Little Nassau Street: $6,452/year in fees right now
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What would the estimated penalty be in 2030, assuming nothing changes?
$0/year
- Beginning in 2030, the city drops the emissions cap by 41%.
- At the same energy use, 33 Little Nassau Street will stay under the cap.
- So it owes no penalty.
Cap: 271 tons
0241 tons emitted
What is the estimated penalty for 33 Little Nassau Street right now?
$6,452/year
- NYC caps a building's yearly greenhouse gas emissions.
- 33 Little Nassau Street is 24 tons over the emissions cap.
- Penalty is $268/ton over the cap, $6,452 total
Cap: 457 tons
0481 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 41% in 2030, from 457 to 271 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 481 to 241 tons.
- Energy use is held the same.
- Tons over go from 24 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 energy efficient is 33 Little Nassau Street?
13/100, grade D
- 33 Little Nassau Street scores 13 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 86 kBtu per sq ft a year.
DCBA
130100
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 match of this property type to the city's category is still being checked
- ○The compliance route the city assigns is not confirmed
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