668 Hancock Street may pay $12,341/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 46 tons over the cap, a $12,341 penalty.
0Cap: 138 tons184
What is the estimated penalty for 668 Hancock Street right now?
$0/year
- 668 Hancock Street is 27 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 230 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 230 to 138 tons in 2030.
- Grid improvements will cut this building’s emissions from 202 to 184 tons by 2030.
- If usage stays the same, this building will be 46 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?
25% less emissions than today
How energy efficient is 668 Hancock Street?
16/100, grade D
- It scores 16 out of 100 (grade D), which is well below average compared to its peers.
- It uses 105 kBtu per sq ft a year.
DCBA
160100
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
- 4401 17th Avenue$12,344 a year from 2030
- 1901 Ave N$12,353 a year from 2030
- 600 East 21st Street$12,295 a year from 2030
- 305 95th Street$12,389 a year from 2030
- 2300 Kings Highway$12,394 a year from 2030