Local Law 97 penalty estimate
710 Riverside Drive: $26,380/year in fees starting in 2030
Loading map
Open Street View
Loading Street View
What would the estimated penalty be in 2030, assuming nothing changes?
$26,380/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 710 Riverside Drive will be 98 tons over the cap.
- Penalty is $268/ton over the cap, $26,380 total
Cap: 159 tons
0258 tons emitted
What is the estimated penalty for 710 Riverside Drive right now?
$4,349/year
- NYC caps a building's yearly greenhouse gas emissions.
- 710 Riverside Drive is 16 tons over the emissions cap.
- Penalty is $268/ton over the cap, $4,349 total
Cap: 264 tons
0280 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 264 to 159 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 280 to 258 tons.
- Energy use is held the same.
- Tons over go from 16 to 98 tons.
How much would the building need to cut its emissions to avoid the penalty?
39% less emissions than today
- This building must emit 39% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 710 Riverside Drive?
49/100, grade D
- 710 Riverside Drive scores 49 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 96 kBtu per sq ft a year.
DCBA
490100
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
- 92 Elizabeth Street$13,261 a year from 2030
- 145 Audubon Avenue$20,216 a year from 2030
- 148 East 37 Street$37,997 a year from 2030
- 605 W 112th Street$1,787 a year from 2030
- 65 Wadsworth Terrace$105,159 a year from 2030