BR
Borough Registry
Office BBL: 1007819002 Article 320 from 2024

PENN 2

2 AIR PENN PLAZA, Manhattan, NY 10121

Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 2 AIR PENN PLAZA (Manhattan, BBL 1007819002) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 3.93 kgCO2e/sq ft against a 2030 statutory limit of 2.69 kgCO2e/sq ft, the property faces an estimated statutory penalty of $516,972 per year starting in 2030 (total 5-year cumulative exposure of $2,584,860) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity
3.93 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
8.46 kg/sq ft
Compliant ($0)
2030–2034 Annual Penalty
$516,972/year
$516,972/yr
5-Year Cumulative Exposure
$2,584,860
2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320
Gross Floor Area (GFA)
1,560,607 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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