Office
BBL: 1001137501
Article 320 from 2024
375 Pearl Street Benchmarking
375 Pearl Street, Manhattan, NY 10038
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 375 Pearl Street (Manhattan, BBL 1001137501) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 20.83 kgCO2e/sq ft against a 2030 statutory limit of 7.57 kgCO2e/sq ft, the property faces an estimated statutory penalty of $2,922,098 per year starting in 2030 (total 5-year cumulative exposure of $14,610,490) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
20.83 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
14.12 kg/sq ft
$1,479,108/yr
2030–2034 Annual Penalty
$2,922,098/year
$2,922,098/yr
5-Year Cumulative Exposure
$14,610,490
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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