Does 5 West 63rd St face NYC Local Law 97 penalties in 2030?

Under 2030 statutory caps, 5 West 63rd St has a projected annual penalty of $529,288/year under Article 320 from 2026 (rent regulated).

What is the statutory compliance pathway for 5 West 63rd St (BBL 1011160024)?

5 West 63rd St is classified under Article 320 from 2026 (rent regulated) based on NYC Department of Buildings Covered Buildings List records.

Fitness Center/Health Club/Gym BBL: 1011160024 Article 320 from 2026 (rent regulated)

West Side

5 West 63rd St, Manhattan, NY 10023

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Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 5 West 63rd St (Manhattan, BBL 1011160024) is subject to NYC Local Law 97 under Article 320 from 2026 (rent regulated). Based on a reported emissions intensity of 11.86 kgCO2e/sq ft against a 2030 statutory limit of 3.95 kgCO2e/sq ft, the property faces an estimated statutory penalty of $529,288 per year starting in 2030 (total 5-year cumulative exposure of $2,646,440) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity

11.86 kgCO2e/sq ft

LL84 Benchmarking CY2024

2024–2029 Cap & Status

10.74 kg/sq ft

$74,912/yr

2030–2034 Annual Penalty

$529,288/year

$529,288/yr

5-Year Cumulative Exposure

$2,646,440

2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320

Gross Floor Area (GFA)

249,575 sq ft

Dwelling / Commercial Units

0 units

Governing Compliance Pathway

Article 320 from 2026 (rent regulated)

Statutory Excess Rate

$268 per metric ton excess CO2e (§ 28-320.6)

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