Multifamily Housing
BBL: 1012947501
Article 320 from 2024
Halstead - 500 Park Avenue - RES - CHILD
56 EAST 59 STREET, Manhattan, NY 10022
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 56 EAST 59 STREET (Manhattan, BBL 1012947501) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 13.07 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $639,655 per year starting in 2030 (total 5-year cumulative exposure of $3,198,275) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
13.07 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.75 kg/sq ft
$415,764/yr
2030–2034 Annual Penalty
$639,655/year
$639,655/yr
5-Year Cumulative Exposure
$3,198,275
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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