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264 Lexington Ave may pay $19,015/year* in fees starting in 2030

Multifamily Housing · 38,235 sq ft · Manhattan

Ranks #2,623 in NYC* See the 100 biggest penalties

*Projection. Ranked by estimated 2030 penalty, assuming energy use stays at the latest filing.

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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 71 tons over the cap, a $19,015 penalty.
What is the estimated penalty for 264 Lexington Ave right now?

$0/year

  • 264 Lexington Ave is 14 tons under the emissions cap.
  • So it may not owe a penalty.
How will this property’s penalty change in 2030?
  • This building’s emissions cap will be lowered from 258 to 156 tons in 2030.
  • Grid improvements will cut this building’s emissions from 244 to 227 tons by 2030.
  • If usage stays the same, this building will be 71 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?

32% less emissions than today

How energy efficient is 264 Lexington Ave?

23/100, grade D

  • It scores 23 out of 100 (grade D), which is well below average compared to its peers.
  • It uses 102 kBtu per sq ft a year.
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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