2295 Grand Concourse may pay $23,751/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 89 tons over the cap, a $23,751 penalty.
0Cap: 121 tons210 tons emitted210 tons
What is the estimated penalty for 2295 Grand Concourse right now?
$7,308/year
- This property is 27 tons over the cap, a $7,308 penalty.
0Cap: 201 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 201 to 121 tons.
- A cleaner grid cuts emissions from 228 to 210 tons by 2030. Current trends put it 89 tons over the cap, up from 27.
How much would the building need to cut its emissions to avoid the penalty?
43% less emissions than today
How energy efficient is 2295 Grand Concourse?
10/100, grade D
- It scores 10 out of 100 (grade D), which is well below average compared to its peers.
- It uses 136 kBtu per sq ft a year.
DCBA
100100
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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