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553 Hinsdale Street may pay $29,564/year* in fees starting in 2030

Multifamily Housing · 36,000 sq ft · Brooklyn

Ranks #1,743 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 110 tons over the cap, a $29,564 penalty.
What is the estimated penalty for 553 Hinsdale Street right now?

$11,337/year

  • This property is 42 tons over the cap, a $11,337 penalty.
How will this property’s penalty change in 2030?
  • This building’s emissions cap will be lowered from 243 to 147 tons in 2030.
  • Grid improvements will cut this building’s emissions from 285 to 257 tons by 2030.
  • If usage stays the same, this building will be 110 tons over the cap, up from 42.
How much would the building need to cut its emissions to avoid the penalty?

43% less emissions than today

How energy efficient is 553 Hinsdale Street?

1/100, grade D

  • It scores 1 out of 100 (grade D), which is well below average compared to its peers.
  • It uses 138 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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