Does 1 Sutton Place South face NYC Local Law 97 penalties in 2030?

Under 2030 statutory caps, 1 Sutton Place South has a projected annual penalty of $67,266/year under Article 320 from 2024.

What is the statutory compliance pathway for 1 Sutton Place South (BBL 1013720002)?

1 Sutton Place South is classified under Article 320 from 2024 based on NYC Department of Buildings Covered Buildings List records.

Multifamily Housing BBL: 1013720002 Article 320 from 2024

DEPM 3200 - 1 Sutton Place South

1 Sutton Place South, Manhattan, NY 10022

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Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 1 Sutton Place South (Manhattan, BBL 1013720002) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 4.43 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $67,266 per year starting in 2030 (total 5-year cumulative exposure of $336,330) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity

4.43 kgCO2e/sq ft

LL84 Benchmarking CY2024

2024–2029 Cap & Status

6.75 kg/sq ft

Compliant ($0)

2030–2034 Annual Penalty

$67,266/year

$67,266/yr

5-Year Cumulative Exposure

$336,330

2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320

Gross Floor Area (GFA)

231,680 sq ft

Dwelling / Commercial Units

42 units

Governing Compliance Pathway

Article 320 from 2024

Statutory Excess Rate

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

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