Local Law 97 penalty estimate
18 East 198th Street may pay $14,073/year in fees starting in 2030
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Why is this property expected to pay a fee beginning in 2030?
- Beginning in 2030, NYC drops the emissions cap by 40%.
- At the same energy use, this property will be 53 tons over the cap, a $14,073 penalty.
0Cap: 106 tons159 tons emitted159 tons
What is the estimated penalty for 18 East 198th Street right now?
$0/year
- 18 East 198th Street is 4 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 176 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 176 to 106 tons.
- A cleaner grid cuts emissions from 172 to 159 tons by 2030. Current trends put it 53 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
34% less emissions than today
How energy efficient is 18 East 198th Street?
24/100, grade D
- It scores 24 out of 100 (grade D), which is well below average compared to its peers.
- It uses 117 kBtu per sq ft a year.
DCBA
240100
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
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