Local Law 97 penalty estimate
535 JOHNSON AVENUE: $51,428/year in fees starting in 2030
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What would the estimated penalty be in 2030, assuming nothing changes?
$51,428/year
- Beginning in 2030, the city drops the emissions cap by 46%.
- At the same energy use, 535 JOHNSON AVENUE will be 192 tons over the cap.
- Penalty is $268/ton over the cap, $51,428 total
168 ton cap192 over
What is the estimated penalty for 535 JOHNSON AVENUE right now?
$24,042/year
- NYC caps a building's yearly greenhouse gas emissions.
- 535 JOHNSON AVENUE is 90 tons over the emissions cap.
- Penalty is $268/ton over the cap, $24,042 total
314 ton cap90 over
Why does the penalty change in 2030?
- The emissions cap will be lowered by 46% in 2030, from 314 to 168 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 404 to 360 tons.
- Energy use is held the same.
- Tons over go from 90 to 192 tons.
How much would the building need to cut its emissions to avoid the penalty?
54% less emissions than today
- This building must emit 54% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 535 JOHNSON AVENUE?
15/100, grade D
- 535 JOHNSON AVENUE scores 15 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 188 kBtu per sq ft a year.
DCBA
150100
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 match of this property type to the city's category is still being checked
- ○The compliance route the city assigns is not confirmed
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