16 94th Street may pay $3,057/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 11 tons over the cap, a $3,057 penalty.
0Cap: 146 tons
What is the estimated penalty for 16 94th Street right now?
$0/year
- 16 94th Street is 70 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 243 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 243 to 146 tons.
- A cleaner grid cuts emissions from 172 to 158 tons by 2030. Current trends put it 11 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
8% less emissions than today
How energy efficient is 16 94th Street?
53/100, grade D
- It scores 53 out of 100 (grade D), which is about average compared to its peers.
- It uses 84 kBtu per sq ft a year.
DCBA
530100
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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