397 W 12th St may pay $10,464/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 39 tons over the cap, a $10,464 penalty.
0Cap: 130 tons169
What is the estimated penalty for 397 W 12th St right now?
$8,147/year
- This property is 30 tons over the cap, a $8,147 penalty.
0Cap: 215 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 215 to 130 tons in 2030.
- Grid improvements will cut this building’s emissions from 246 to 169 tons by 2030.
- If usage stays the same, this building will be 39 tons over the cap, up from 30.
How much would the building need to cut its emissions to avoid the penalty?
24% less emissions than today
How energy efficient is 397 W 12th St?
1/100, grade D
- It scores 1 out of 100 (grade D), which is well below average compared to its peers.
- It uses 111 kBtu per sq ft a year.
DCBA
10100
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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