651 Madison St may pay $4,807/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 18 tons over the cap, a $4,807 penalty.
0Cap: 117 tons
What is the estimated penalty for 651 Madison St right now?
$0/year
- 651 Madison St is 48 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 194 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 194 to 117 tons in 2030.
- Grid improvements will cut this building’s emissions from 146 to 135 tons by 2030.
- If usage stays the same, this building will be 18 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?
14% less emissions than today
How energy efficient is 651 Madison St?
67/100, grade C
- It scores 67 out of 100 (grade C), which is above average compared to its peers.
- It uses 67 kBtu per sq ft a year.
DCBA
670100
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
Similar buildings in Brooklyn
- 2035 East 16th Street$4,806 a year from 2030
- 2025 Regent Place$4,802 a year from 2030
- 651 Vanderbilt Street$4,814 a year from 2030
- 1333 51 St$4,829 a year from 2030
- 1860 east 12 street$4,778 a year from 2030