Local Law 97 penalty estimate
3351 Broadway may pay $59,784/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 223 tons over the cap, a $59,784 penalty.
0Cap: 252 tons475 tons emitted475 tons
What is the estimated penalty for 3351 Broadway right now?
$32,640/year
- This property is 122 tons over the cap, a $32,640 penalty.
0Cap: 418 tons540
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 418 to 252 tons.
- A cleaner grid cuts emissions from 540 to 475 tons by 2030. Current trends put it 223 tons over the cap, up from 122.
How much would the building need to cut its emissions to avoid the penalty?
47% less emissions than today
How energy efficient is 3351 Broadway?
2/100, grade D
- It scores 2 out of 100 (grade D), which is well below average compared to its peers.
- It uses 149 kBtu per sq ft a year.
DCBA
20100
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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