37 West 72nd Street may pay $13,256/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 49 tons over the cap, a $13,256 penalty.
0Cap: 327 tons
What is the estimated penalty for 37 West 72nd Street right now?
$0/year
- 37 West 72nd Street is 125 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 544 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 544 to 327 tons.
- A cleaner grid cuts emissions from 418 to 377 tons by 2030. Current trends put it 49 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
14% less emissions than today
How energy efficient is 37 West 72nd Street?
98/100, grade A
- It scores 98 out of 100 (grade A), which is well above average compared to its peers.
- It uses 69 kBtu per sq ft a year.
DCBA
980100
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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