Hotel
BBL: 1013750067
Article 320 from 2024
THE PIERRE HOTEL
2 EAST 61ST STREET, Manhattan, NY 10065
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 2 EAST 61ST STREET (Manhattan, BBL 1013750067) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 12.58 kgCO2e/sq ft against a 2030 statutory limit of 3.85 kgCO2e/sq ft, the property faces an estimated statutory penalty of $1,206,589 per year starting in 2030 (total 5-year cumulative exposure of $6,032,945) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
12.58 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
9.87 kg/sq ft
$374,583/yr
2030–2034 Annual Penalty
$1,206,589/year
$1,206,589/yr
5-Year Cumulative Exposure
$6,032,945
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 2 EAST 61ST STREET.