BR
Borough Registry
Multifamily Housing BBL: 1015500001 Article 320 from 2026 (rent regulated)

301 East 87th St.

1682 2 Avenue, Manhattan, NY 10128

Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 1682 2 Avenue (Manhattan, BBL 1015500001) is subject to NYC Local Law 97 under Article 320 from 2026 (rent regulated). Based on a reported emissions intensity of 4.39 kgCO2e/sq ft against a 2030 statutory limit of 3.42 kgCO2e/sq ft, the property faces an estimated statutory penalty of $35,947 per year starting in 2030 (total 5-year cumulative exposure of $179,735) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity
4.39 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.92 kg/sq ft
Compliant ($0)
2030–2034 Annual Penalty
$35,947/year
$35,947/yr
5-Year Cumulative Exposure
$179,735
2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320
Gross Floor Area (GFA)
138,304 sq ft
Dwelling / Commercial Units
141 units
Governing Compliance Pathway
Article 320 from 2026 (rent regulated)
Statutory Excess Rate
$268 per metric ton excess CO2e (§ 28-320.6)

Need 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 1682 2 Avenue.

Unlock Board Memo ($495)