Local Law 97 penalty estimate
58-23-43 Avenue
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Is this property expected to be penalized in 2030 at current energy use?
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 58-23-43 Avenue will stay under the cap.
- So it may not owe a penalty.
0Cap: 121 tons21 tons emitted
What is the estimated penalty for 58-23-43 Avenue right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 58-23-43 Avenue is 157 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 200 tons43 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 200 to 121 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 43 to 21 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
- 46-11 88 Street$1,184 a year from 2030
- 50-21 39th Place$13,171 a year from 2030
- 50-22 40th Street$8,536 a year from 2030
- 50-22 40 Street$8,531 a year from 2030
- 37-59 81st Street$31,320 a year from 2030