Multifamily Housing
BBL: 1003210001
Article 320 from 2024
East River Housing - 570 Grand Street - CHILD
568 Grand Street, Manhattan, NY 10002
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 568 Grand Street (Manhattan, BBL 1003210001) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 9.72 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $2,103,049 per year starting in 2030 (total 5-year cumulative exposure of $10,515,245) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
9.72 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.75 kg/sq ft
$980,026/yr
2030–2034 Annual Penalty
$2,103,049/year
$2,103,049/yr
5-Year Cumulative Exposure
$10,515,245
2030–2034 statutory liability
Property Benchmarking & Compliance Ledger
NYC Admin Code § 28-320Need the full statutory audit for your board packet?
Instantly generate the verified 2-page board memo, C-PACE financing schedule, and verbatim board resolutions for 568 Grand Street.