Local Law 97 penalty estimate
33-06 Crescent Street: $15,377/year in fees starting in 2030
What would the estimated penalty be in 2030, assuming nothing changes?
$15,377/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 33-06 Crescent Street will be 57 tons over the cap.
- Penalty is $268/ton over the cap, $15,377 total
206 ton cap57 over
What is the estimated penalty for 33-06 Crescent Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 33-06 Crescent Street is 53 tons under the emissions cap.
- So it owes no penalty.
Emitted 289Allowed 342
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 342 to 206 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 289 to 263 tons.
- Energy use is held the same.
- Tons over go from 0 to 57 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 33-06 Crescent Street?
36/100, grade D
- 33-06 Crescent Street scores 36 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 100 kBtu per sq ft a year.
DCBA
360100
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 Queens
- 32-16 33rd AVENUE$43,668 a year from 2030
- 60-52 Madison Street$25,895 a year from 2030
- 41-15 50th Street$56,776 a year from 2030
- 41-16 51st Street$3,395 a year from 2030
- 35-51 95TH STREET$12,288 a year from 2030