BR
Borough Registry
Office BBL: 1000090001 Article 320 from 2024

One State Street

1 State Street, Manhattan, NY 10004

Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 1 State Street (Manhattan, BBL 1000090001) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 6.88 kgCO2e/sq ft against a 2030 statutory limit of 2.77 kgCO2e/sq ft, the property faces an estimated statutory penalty of $763,055 per year starting in 2030 (total 5-year cumulative exposure of $3,815,275) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity
6.88 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
8.46 kg/sq ft
Compliant ($0)
2030–2034 Annual Penalty
$763,055/year
$763,055/yr
5-Year Cumulative Exposure
$3,815,275
2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320
Gross Floor Area (GFA)
692,431 sq ft
Dwelling / Commercial Units
0 units
Governing Compliance Pathway
Article 320 from 2024
Statutory Excess Rate
$268 per metric ton excess CO2e (§ 28-320.6)

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