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523 West 143rd Street may pay $66,826/year in fees starting in 2030

Multifamily Housing · 29,520 sq ft · Manhattan

Current fee: $49,493/year

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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 249 tons over the cap, a $66,826 penalty.
What is the estimated penalty for 523 West 143rd Street right now?

$49,493/year

  • This property is 185 tons over the cap, a $49,493 penalty.
How will this property’s penalty change in 2030?
  • The emissions cap will be lowered by 40% in 2030, from 199 to 120 tons.
  • A cleaner grid cuts emissions from 384 to 370 tons by 2030. Current trends put it 249 tons over the cap, up from 185.
How much would the building need to cut its emissions to avoid the penalty?

68% less emissions than today

How energy efficient is 523 West 143rd Street?

2/100, grade D

  • It scores 2 out of 100 (grade D), which is well below average compared to its peers.
  • It uses 174 kBtu per sq ft a year.
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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