Local Law 97 penalty estimate
441 East 116th Street may pay $322/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 1 tons over the cap, a $322 penalty.
0Cap: 102 tons
What is the estimated penalty for 441 East 116th Street right now?
$0/year
- 441 East 116th Street is 46 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 169 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 169 to 102 tons.
- A cleaner grid cuts emissions from 123 to 103 tons by 2030. Current trends put it 1 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
2% less emissions than today
How energy efficient is 441 East 116th Street?
59/100, grade C
- It scores 59 out of 100 (grade C), which is above average compared to its peers.
- It uses 81 kBtu per sq ft a year.
DCBA
590100
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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