Know Your Building's Carbon Penalty.
Eliminate It with 0-Down Financing.
Statutory Local Law 97 liability calculations for NYC Co-ops, Condos, and Commercial properties. Zero out-of-pocket C-PACE modeling and certified Board Memos.
KERN57 - 303 East 57th Street
303 East 57th Street, Manhattan · BBL: 1013500001 · 539,027 sq ft
$6,713,021
+$11,839 / unit / yr added to maintenance fees
$33,565,105
Total statutory fines without mechanical alterations.
+$642,749
Net annual cashflow surplus to building budget
Interactive C-PACE Alterations & Financial Ledger
Model capital alterations to eliminate the statutory fine with 100% long-term financing.
Steam balancing, burner modulation, and wireless apartment sensors.
Reduces expensive peak electricity demand in common hallways and lobby.
Full Electrification (Air-Source Heat Pumps)
Replaces fossil boiler with air-source heat pumps. Eliminates 75% of boiler carbon.
Rooftop Solar PV + Envelope Weatherization
Offsets remaining electrical draw to reach 100% fine elimination.
+$642,749 / yr
Formula: (Avoided Penalty + Utility Savings) - C-PACE Repayment = Net Building Surplus.
Verbatim Board Resolution Language
Ready to copy and paste directly into official Board Meeting Minutes.
"RESOLVED, that the Board of Directors hereby authorizes the Managing Agent to retain a licensed Registered Design Professional (PE/RA) prior to February 1 to prepare the official Good Faith Effort (GFE) penalty mitigation filing under 1 RCNY § 103-14, and further directs soliciting two NYC C-PACE zero-out-of-pocket financing proposals to fund boiler optimization and common area LED retrofits, ensuring compliance without levying a special assessment on unit owners."
Department of Buildings Compliance Deadlines
RDP Engagement Cutoff
Retain licensed PE/RA before Feb 1 to preserve 120-day extension eligibility.
Annual BEAM Submission
Mandatory submission of certified LL97 emissions report and LL84 benchmarking.
Board Budget Adoption
Board formally integrates C-PACE financing package into annual operating budget.
Fiduciary Trust & Boardroom Track Record
Adopted by NYC Co-op/Condo Boards & Managing Agents
"Our board was facing a projected $420,000 annual penalty that threatened to force a $1,200/month maintenance hike. Borough Registry gave us the exact C-PACE cashflow ledger and a clean votable resolution in minutes. We passed the resolution on record, retained our engineer before the Feb 1 cutoff, and approved 0-down boiler optimization."
Mark Rosenthal
Board Treasurer · 500+ Unit Manhattan Pre-War Co-op
"We manage 16 residential properties across Manhattan. Waiting for engineering consultancies to charge $15,000 for preliminary audit memos was paralyzing our boards. Borough Registry gives us instant, defensible board packages formatted with an RDP seal block that our consulting engineers review and stamp in 20 minutes."
Elena Vance
VP of Property Operations · Manhattan Asset Management
Registered Design Professional (PE/RA) Statutory Acceptance Guarantee
Every Board Decision Kit includes an expedited technical review and seal block compliant with NY State Education Law § 7209 and 1 RCNY § 103-14.
NYC Properties Compliance Directory (500+ Buildings)
Click column headers to sort. Click "Audit" on any property to inspect statutory exposure.
| Building Name & Address ↕ | Group ↕ | GFA (sq ft) ↕ | 2024 Penalty ↕ | 2030 Penalty ↕ | Unit / RSF Cost ↕ | Audit |
|---|
Statutory Ground Truth & Department of Buildings Rules
Verifiable citations and coefficients governing NYC Local Law 97 calculations across all occupancy groups.
The Statutory Penalty Formula
Annual Penalty ($) = $268 × [ Reported Emissions (tCO₂e) - (Building GFA × Occupancy Limit) ]
Source: NYC Administrative Code Title 28, Article 320 § 28-320.6.
Statutory Building Emissions Intensity Caps (NYC Admin Code § 28-320.3)
| Occupancy Group | Description | 2024–2029 Cap | 2030–2034 Cap | Statutory Basis |
|---|---|---|---|---|
| Group R-2 | Multifamily (Co-op / Condo / Rental) | 6.75 kg/sf | 4.07 kg/sf | § 28-320.3.1.2 |
| Group B | Business / Commercial Office | 8.46 kg/sf | 4.53 kg/sf | § 28-320.3.1.2 |
| Group M | Mercantile / Retail | 11.81 kg/sf | 5.58 kg/sf | § 28-320.3.1.2 |
| Group E | Educational / School | 4.15 kg/sf | 2.51 kg/sf | § 28-320.3.1.2 |
| Group A | Assembly (Civic / Theaters) | 4.20 kg/sf | 2.14 kg/sf | § 28-320.3.1.2 |
| Group F | Factory / Industrial | 5.74 kg/sf | 1.67 kg/sf | § 28-320.3.1.2 |
| Group R-1 | Hotels / Transient Residential | 9.87 kg/sf | 5.26 kg/sf | § 28-320.3.1.2 |
| Group I-1 | Institutional (Assisted Living Care) | 11.38 kg/sf | 5.98 kg/sf | § 28-320.3.1.2 |
| Group I-2 | Institutional (Hospitals / Healthcare) | 23.81 kg/sf | 13.30 kg/sf | § 28-320.3.1.2 |
| Group S | Storage / Warehouse | 4.26 kg/sf | 1.10 kg/sf | § 28-320.3.1.2 |
Institutional Pricing for Boards & Managing Agents
Select a one-time certified decision kit or full portfolio management.
Board Decision Kit
For self-managed Co-op and Condo boards preparing for their next meeting.
- ✔ Official Unwatermarked Board Memo (PDF)
- ✔ Editable Word Resolution (.docx)
- ✔ C-PACE Financing Term Sheet
- ✔ GFE Mitigation Filing Checklist
Agent Pilot
Up to 10 buildings. Managed concierge portfolio setup with dedicated compliance engineer.
- ✔ Up to 10 Covered NYC Buildings
- ✔ Dedicated Compliance Analyst Setup
- ✔ Unlimited Unwatermarked Board Memos
- ✔ Automated Feb 1 & May 1 Deadline Alerts
- ✔ 0-Down C-PACE Modeling & Advisory
Portfolio Tier
Up to 25 buildings. Full managed compliance, utility data ingestion, and PE-ready dossiers.
- ✔ Up to 25 Covered NYC Buildings
- ✔ Complete BBL & Utility Data Ingestion
- ✔ Multi-Manager Team Dossiers
- ✔ PE-Stampable § 103-14 Filing Kits
- ✔ Monthly Portfolio Risk Updates
PE White-Label
For MEP engineering firms & energy consultants. Custom firm branding and RDP seal blocks.
- ✔ Unlimited Client Buildings
- ✔ Custom Firm Branding & PE Blocks
- ✔ Direct DOB BEAM Data Exports
- ✔ Dedicated API & Compliance Support