Local Law 97 penalty estimate
1941 Amsterdam Avenue may pay $76,767/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 286 tons over the cap, a $76,767 penalty.
0Cap: 611 tons898
What is the estimated penalty for 1941 Amsterdam Avenue right now?
$0/year
- 1941 Amsterdam Avenue is 9 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 1,014 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 1,014 to 611 tons.
- A cleaner grid cuts emissions from 1,005 to 898 tons by 2030. Current trends put it 286 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
32% less emissions than today
How energy efficient is 1941 Amsterdam Avenue?
23/100, grade D
- It scores 23 out of 100 (grade D), which is well below average compared to its peers.
- It uses 116 kBtu per sq ft a year.
DCBA
230100
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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- 1384 Riverside Drive$10,616 a year from 2030
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