Local Law 97 penalty estimate
830 Park Avenue: $38,711/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?
$38,711/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 830 Park Avenue will be 144 tons over the cap.
- Penalty is $268/ton over the cap, $38,711 total
Cap: 532 tons
0676 tons emitted
What is the estimated penalty for 830 Park Avenue right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 830 Park Avenue is 89 tons under the emissions cap.
- So it owes no penalty.
Cap: 882 tons
0793 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 882 to 532 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 793 to 676 tons.
- Energy use is held the same.
- Tons over go from 0 to 144 tons.
How much would the building need to cut its emissions to avoid the penalty?
22% less emissions than today
- This building must emit 22% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 830 Park Avenue?
94/100, grade A
- 830 Park Avenue scores 94 out of 100 for energy efficiency.
- That is grade A on the city's scale. 50 is typical for its type.
- It uses 102 kBtu per sq ft a year.
DCBA
940100
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
- 230 E. 88th Street$75,081 a year from 2030
- 530 East 86 Street$15,426 a year from 2030
- 7 East 111 Street$9,859 a year from 2030
- 327 East 53 Street$20,373 a year from 2030
- 442 Hudson Street$2,739 a year from 2030