Local Law 97 penalty estimate
209 EAST 2 STREET
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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 40%.
- At the same energy use, 209 EAST 2 STREET will stay under the cap.
- So it owes no penalty.
Cap: 47 tons
016 tons emitted
What is the estimated penalty for 209 EAST 2 STREET right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 209 EAST 2 STREET is 48 tons under the emissions cap.
- So it owes no penalty.
Cap: 78 tons
030 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 78 to 47 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 30 to 16 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
- 630 East 6th St$13,173 a year from 2030
- 100 West 67 Street$25,592 a year from 2030
- 2409 A C POWELL BOULEVARD$6,123 a year from 2030
- 630 East 14th Street$1,994 a year from 2030
- 628 East 14th Street$1,680 a year from 2030