4646-48 Broadway may pay $89,807/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 335 tons over the cap, a $89,807 penalty.
0Cap: 171 tons507 tons emitted507 tons
What is the estimated penalty for 4646-48 Broadway right now?
$66,856/year
- This property is 249 tons over the cap, a $66,856 penalty.
0Cap: 284 tons534 tons emitted534 tons
How will this property’s penalty change in 2030?
- This building’s emissions cap will be lowered from 284 to 171 tons in 2030.
- Grid improvements will cut this building’s emissions from 534 to 507 tons by 2030.
- If usage stays the same, this building will be 335 tons over the cap, up from 249.
How much would the building need to cut its emissions to avoid the penalty?
67% 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
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