20 Fifth Avenue may pay $63,122/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 236 tons over the cap, a $63,122 penalty.
0Cap: 540 tons776
What is the estimated penalty for 20 Fifth Avenue right now?
$5,816/year
- This property is 22 tons over the cap, a $5,816 penalty.
0Cap: 899 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 899 to 540 tons.
- A cleaner grid cuts emissions from 921 to 776 tons by 2030. Current trends put it 236 tons over the cap, up from 22.
How much would the building need to cut its emissions to avoid the penalty?
31% less emissions than today
How energy efficient is 20 Fifth Avenue?
17/100, grade D
- It scores 17 out of 100 (grade D), which is well below average compared to its peers.
- It uses 92 kBtu per sq ft a year.
DCBA
170100
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 match of this property type to the city's category is still being checked
- ○The compliance route the city assigns is not confirmed
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