Local Law 97 penalty estimate
20-62 31st Street
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, 20-62 31st Street will stay under the cap.
- So it owes no penalty.
Emitted 27Allowed 73
What is the estimated penalty for 20-62 31st Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 20-62 31st Street is 74 tons under the emissions cap.
- So it owes no penalty.
Emitted 46Allowed 121
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 121 to 73 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 46 to 27 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 Queens
- 41-52 63rd Street$1,303 a year from 2030
- 45-14 42nd Street$14,167 a year from 2030
- 84-42 Smedley Street$34,766 a year from 2030
- 31-38 137 STREET$9,611 a year from 2030
- 90-23 171st St$3,737 a year from 2030