Local Law 97 penalty estimate
425 West 25th Street may pay $277,103/year in fees starting in 2030
Loading map
Loading Street View
Why is this property expected to pay a fee beginning in 2030?
- Beginning in 2030, the city drops the emissions cap by 40%.
- At the same energy use, 425 West 25th Street will be 1,034 tons over the cap.
- Penalty is $268/ton over the cap, $277,103 total
0Cap: 1,623 tons2,657 tons emitted
What is the estimated penalty for 425 West 25th Street right now?
$105,612/year
- NYC caps a building's yearly greenhouse gas emissions.
- 425 West 25th Street is 394 tons over the emissions cap.
- Penalty is $268/ton over the cap, $105,612 total
0Cap: 2,692 tons3.1k
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 2,692 to 1,623 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 3,086 to 2,657 tons.
- Energy use is held the same.
- Tons over go from 394 to 1,034 tons.
How much would the building need to cut its emissions to avoid the penalty?
39% less emissions than today
- This building must emit 39% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 425 West 25th Street?
11/100, grade D
- 425 West 25th Street scores 11 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 130 kBtu per sq ft a year.
DCBA
110100
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
Own or manage this building?
Get up to 3 quotes from vetted energy contractors.
Get quotes to cut this penalty
Similar buildings in Manhattan
- 70 West 93rd Street$20,084 a year from 2030
- 63 Wall Street$123,105 a year from 2030
- 134 Avenue D$2,090,434 a year from 2030
- 2289 5 Avenue$196,284 a year from 2030
- 1780 1st Avenue$407,073 a year from 2030