Multifamily Housing
BBL: 1016030069
Article 320 from 2024
1165 Fifth Ave
2 EAST 98 STREET, Manhattan, NY 10029
Statutory Compliance Finding & Executive Summary
According to official NYC DOB records and Local Law 84 benchmarking, 2 EAST 98 STREET (Manhattan, BBL 1016030069) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 4.14 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $33,164 per year starting in 2030 (total 5-year cumulative exposure of $165,820) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.
Reported Carbon Intensity
4.14 kgCO2e/sq ft
LL84 Benchmarking CY2024
2024–2029 Cap & Status
6.75 kg/sq ft
Compliant ($0)
2030–2034 Annual Penalty
$33,164/year
$33,164/yr
5-Year Cumulative Exposure
$165,820
2030–2034 statutory liability
Property Benchmarking & Compliance Ledger
NYC Admin Code § 28-320Need the full statutory audit for your board packet?
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