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847 Hunts Point Avenue may pay $26,282/year* in fees starting in 2030

Multifamily Housing · 11,700 sq ft · Bronx

Ranks #1,958 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 98 tons over the cap, a $26,282 penalty.
What is the estimated penalty for 847 Hunts Point Avenue right now?

$20,990/year

  • This property is 78 tons over the cap, a $20,990 penalty.
How will this property’s penalty change in 2030?
  • This building’s emissions cap will be lowered from 79 to 48 tons in 2030.
  • Grid improvements will cut this building’s emissions from 157 to 146 tons by 2030.
  • If usage stays the same, this building will be 98 tons over the cap, up from 78.
How much would the building need to cut its emissions to avoid the penalty?

68% less emissions than today

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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