72 Lott Street may pay $374/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 1 tons over the cap, a $374 penalty.
0Cap: 12 tons
What is the estimated penalty for 72 Lott Street right now?
$0/year
- 72 Lott Street is 4 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 19 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 19 to 12 tons in 2030.
- Grid improvements will cut this building’s emissions from 15 to 13 tons by 2030.
- If usage stays the same, this building will be 1 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?
11% less emissions than today
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
- 2940 Ocean Ave$381 a year from 2030
- 762 Hart Street$367 a year from 2030
- 460 Ovington Avenue$383 a year from 2030
- 465 84th Street$358 a year from 2030
- 1411 Avenue V$395 a year from 2030