3614 Avenue K may pay $5,978/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 22 tons over the cap, a $5,978 penalty.
0Cap: 130 tons
What is the estimated penalty for 3614 Avenue K right now?
$0/year
- 3614 Avenue K is 49 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 216 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 216 to 130 tons in 2030.
- Grid improvements will cut this building’s emissions from 167 to 153 tons by 2030.
- If usage stays the same, this building will be 22 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?
15% less emissions than today
How energy efficient is 3614 Avenue K?
84/100, grade B
- It scores 84 out of 100 (grade B), which is well above average compared to its peers.
- It uses 92 kBtu per sq ft a year.
DCBA
840100
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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