Local Law 97 penalty estimate
50 Norfolk Street may pay $39,139/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, 50 Norfolk Street will be 146 tons over the cap.
- Penalty is $268/ton over the cap, $39,139 total
0Cap: 561 tons707 tons emitted
What is the estimated penalty for 50 Norfolk Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 50 Norfolk Street is 150 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 931 tons781 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 931 to 561 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 781 to 707 tons.
- Energy use is held the same.
- Tons over go from 0 to 146 tons.
How much would the building need to cut its emissions to avoid the penalty?
21% less emissions than today
- This building must emit 21% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 50 Norfolk Street?
77/100, grade B
- 50 Norfolk Street scores 77 out of 100 for energy efficiency.
- That is grade B on the city's scale. 50 is typical for its type.
- It uses 74 kBtu per sq ft a year.
DCBA
770100
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
- 38 West 93rd Street$231,623 a year from 2030
- 420 East 80th Street$43,194 a year from 2030
- 178 East 80th Street$34,398 a year from 2030
- 189 Allen Street$93,610 a year from 2030
- 1107 Fifth Avenue$51,595 a year from 2030