Multifamily Housing
BBL: 3010417501
Article 320 from 2024
Andrews: 550 5th Ave
550 5 Avenue, Brooklyn, NY 11215
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 550 5 Avenue (Brooklyn, BBL 3010417501) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 4.61 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $19,080 per year starting in 2030 (total 5-year cumulative exposure of $95,400) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
4.61 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.75 kg/sq ft
Compliant ($0)
2030–2034 Annual Penalty
$19,080/year
$19,080/yr
5-Year Cumulative Exposure
$95,400
2030–2034 statutory liability
Property Benchmarking & Compliance Ledger
NYC Admin Code § 28-320Need the full statutory audit for your board packet?
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