Glenwood - The Pavilion (500 East 77th Street)

According to official NYC DOB records and Local Law 84 benchmarking, 500 East 77th Street (Manhattan, BBL 1014880001) is subject to NYC Local Law 97 under Article 320 from 2026 (rent regulated). Based on a reported emissions intensity of 21.91 kgCO2e/sq ft against a 2030 statutory limit of 3.12 kgCO2e/sq ft, the property faces an estimated statutory penalty of $1,295,536 per year starting in 2030 (total 5-year cumulative exposure of $6,477,680) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.