Local Law 97 penalty estimate
501 West 156th Street may pay $27,498/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, 501 West 156th Street will be 103 tons over the cap.
- Penalty is $268/ton over the cap, $27,498 total
0Cap: 123 tons225 tons emitted
What is the estimated penalty for 501 West 156th Street right now?
$10,327/year
- NYC caps a building's yearly greenhouse gas emissions.
- 501 West 156th Street is 39 tons over the emissions cap.
- Penalty is $268/ton over the cap, $10,327 total
0Cap: 203 tons242 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 203 to 123 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 242 to 225 tons.
- Energy use is held the same.
- Tons over go from 39 to 103 tons.
How much would the building need to cut its emissions to avoid the penalty?
46% less emissions than today
- This building must emit 46% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 501 West 156th Street?
53/100, grade D
- 501 West 156th Street scores 53 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 106 kBtu per sq ft a year.
DCBA
530100
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
- 114 Morningside Drive$20,003 a year from 2030
- 406 West 45th Street$2,937 a year from 2030
- 600 West 196th Street$6,592 a year from 2030
- 154 West 27th Street$133 a year from 2030
- 63 Adrian Avenue$11,948 a year from 2030