359 West 11th Street may pay $466/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 2 tons over the cap, a $466 penalty.
0Cap: 128 tons
What is the estimated penalty for 359 West 11th Street right now?
$0/year
- 359 West 11th Street is 48 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 212 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 212 to 128 tons in 2030.
- Grid improvements will cut this building’s emissions from 164 to 130 tons by 2030.
- If usage stays the same, this building will be 2 tons over the cap.
How much would the building need to cut its emissions to avoid the penalty?
2% less emissions than today
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
Similar buildings in Manhattan
- 31 Bennett Ave.$472 a year from 2030
- 315 West 113th Street$480 a year from 2030
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- 552 Academy Street$440 a year from 2030
- 100-110 East 111th Street$497 a year from 2030