Local Law 97 penalty estimate
47-51 40th Street may pay $14,153/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, 47-51 40th Street will be 53 tons over the cap.
- Penalty is $268/ton over the cap, $14,153 total
0Cap: 239 tons292 tons emitted
What is the estimated penalty for 47-51 40th Street right now?
$0/year
- NYC caps a building's yearly greenhouse gas emissions.
- 47-51 40th Street is 78 tons under the emissions cap.
- So it may not owe a penalty.
0Cap: 397 tons319 tons emitted
Why does the penalty change in 2030?
- The emissions cap will be lowered by 40% in 2030, from 397 to 239 tons.
- NYC's grid will become cleaner by 2030, reducing this building's projected emissions from 319 to 292 tons.
- Energy use is held the same.
- Tons over go from 0 to 53 tons.
How much would the building need to cut its emissions to avoid the penalty?
19% less emissions than today
- This building must emit 19% less to avoid penalties.
- Owners can utilize energy efficiency upgrades or switch from gas or oil to electric.
How energy efficient is 47-51 40th Street?
28/100, grade D
- 47-51 40th Street scores 28 out of 100 for energy efficiency.
- That is grade D on the city's scale. 50 is typical for its type.
- It uses 96 kBtu per sq ft a year.
DCBA
280100
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 Queens
- 10-12 Nameoke Street$22,405 a year from 2030
- 142-24 38 Avenue$30,096 a year from 2030
- 42-95 Main Street$25,391 a year from 2030
- 43-31 Ithaca Street$25,078 a year from 2030
- 143-25 84 Dr$132,200 a year from 2030