Local Law 97 penalty estimate
540 Manhattan Avenue may pay $7,308/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, NYC drops the emissions cap by 40%.
- At the same energy use, this property will be 27 tons over the cap, a $7,308 penalty.
0Cap: 265 tons
What is the estimated penalty for 540 Manhattan Avenue right now?
$0/year
- 540 Manhattan Avenue is 106 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 439 tons
How will this property’s penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 439 to 265 tons.
- A cleaner grid cuts emissions from 333 to 292 tons by 2030. Current trends put it 27 tons over the cap, up from 0.
How much would the building need to cut its emissions to avoid the penalty?
10% less emissions than today
How energy efficient is 540 Manhattan Avenue?
57/100, grade C
- It scores 57 out of 100 (grade C), which is above average compared to its peers.
- It uses 88 kBtu per sq ft a year.
DCBA
570100
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
- 165 East 118th Street$8,947 a year from 2030
- 229 E. 29th Street$4,517 a year from 2030
- 320 E. 54th Street$18,321 a year from 2030
- 60 St. Nicholas Avenue$3,476 a year from 2030
- 728 West 181st Street$17,677 a year from 2030