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706 Union Avenue may pay $5,876/year* in fees starting in 2030

Multifamily Housing · 11,080 sq ft · Bronx

Ranks #5,019 in NYC* See the 100 biggest penalties

*Projection. Ranked by estimated 2030 penalty, assuming energy use stays at the latest filing.

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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 22 tons over the cap, a $5,876 penalty.
What is the estimated penalty for 706 Union Avenue right now?

$1,993/year

  • This property is 7 tons over the cap, a $1,993 penalty.
How will this property’s penalty change in 2030?
  • This building’s emissions cap will be lowered from 75 to 45 tons in 2030.
  • Grid improvements will cut this building’s emissions from 82 to 67 tons by 2030.
  • If usage stays the same, this building will be 22 tons over the cap, up from 7.
How much would the building need to cut its emissions to avoid the penalty?

33% less emissions than today

How energy efficient is 706 Union Avenue?

43/100, grade D

  • It scores 43 out of 100 (grade D), which is below average compared to its peers.
  • It uses 120 kBtu per sq ft a year.
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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