Local Law 97 penalty estimate
165 East 118th Street may pay $8,947/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 33 tons over the cap, a $8,947 penalty.
0Cap: 265 tons
What is the estimated penalty for 165 East 118th Street right now?
$0/year
- 165 East 118th Street is 44 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 439 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 439 to 265 tons.
- A cleaner grid cuts emissions from 395 to 298 tons by 2030. Current trends put it 33 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
12% less emissions than today
How energy efficient is 165 East 118th Street?
11/100, grade D
- It scores 11 out of 100 (grade D), which is well below average compared to its peers.
- It uses 93 kBtu per sq ft a year.
DCBA
110100
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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