Multifamily Housing
BBL: 1014750005
Article 320 from 2024
Rockefeller University Residential - 500 E. 63rd Street
500 East 63 Street, Manhattan, NY 10065
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 500 East 63 Street (Manhattan, BBL 1014750005) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 17.99 kgCO2e/sq ft against a 2030 statutory limit of 3.07 kgCO2e/sq ft, the property faces an estimated statutory penalty of $1,131,891 per year starting in 2030 (total 5-year cumulative exposure of $5,659,455) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
17.99 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.75 kg/sq ft
$852,487/yr
2030–2034 Annual Penalty
$1,131,891/year
$1,131,891/yr
5-Year Cumulative Exposure
$5,659,455
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 500 East 63 Street.