Local Law 97 penalty estimate
83-84 116th Street: $8,432/year in fees starting in 2030
What would the estimated penalty be in 2030, assuming nothing changes?
$8,432/year
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 83-84 116th Street will be 31 tons over the cap.
- Penalty is $268/ton over the cap, $8,432 total
271 ton cap31 over
What is the estimated penalty for 83-84 116th Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 83-84 116th Street is 123 tons under the emissions cap.
- So it owes no penalty.
Emitted 326Allowed 450
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 450 to 271 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 326 to 303 tons.
- Energy use is held the same.
- Tons over go from 0 to 31 tons.
How much would the building need to cut its emissions to avoid the penalty?
11% less emissions than today
- This building must emit 11% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 83-84 116th Street?
43/100, grade D
- 83-84 116th Street scores 43 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 87 kBtu per sq ft a year.
DCBA
430100
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
- 1 ASCAN AVE$28,569 a year from 2030
- 87-70 173rd Street$31,520 a year from 2030
- 61-05 39th Avenue$5,210 a year from 2030
- 43-09 40th Street$241,845 a year from 2030
- 61-40 Saunders Street$433 a year from 2030