Local Law 97 penalty estimate
606 Clinton St may pay $292,823/year in fees starting in 2030
Loading map
Loading Street View
Why is this property expected to pay a fee beginning in 2030?
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 606 Clinton St will be 1,093 tons over the cap.
- Penalty is $268/ton over the cap, $292,823 total
0Cap: 448 tons1,540 tons emitted
What is the estimated penalty for 606 Clinton St right now?
$213,817/year
- NYC caps a building's yearly greenhouse gas emissions.
- 606 Clinton St is 798 tons over the emissions cap.
- Penalty is $268/ton over the cap, $213,817 total
0Cap: 742 tons1,540 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 742 to 448 tons.
How much would the building need to cut its emissions to avoid the penalty?
71% less emissions than today
- This building must emit 71% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
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
Own or manage this building?
Get up to 3 quotes from vetted energy contractors.
Get quotes to cut this penalty
Similar buildings in Brooklyn
- 370 Ocean Parkway$57,218 a year from 2030
- 733 Myrtle Avenue$3,252 a year from 2030
- 2848 Shore Pkwy$258 a year from 2030
- 57 Montague Street$11,754 a year from 2030
- 50 Legion St$81,125 a year from 2030