Does 41-16 47th Avenue face NYC Local Law 97 penalties in 2030?

Under 2030 statutory caps, 41-16 47th Avenue has a projected annual penalty of $16,676/year under Article 320 from 2026 (rent regulated).

What is the statutory compliance pathway for 41-16 47th Avenue (BBL 4001960027)?

41-16 47th Avenue is classified under Article 320 from 2026 (rent regulated) based on NYC Department of Buildings Covered Buildings List records.

Multifamily Housing BBL: 4001960027 Article 320 from 2026 (rent regulated)

41-16 47th Avenue

41-16 47th Avenue, Queens, NY 11104

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Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 41-16 47th Avenue (Queens, BBL 4001960027) is subject to NYC Local Law 97 under Article 320 from 2026 (rent regulated). Based on a reported emissions intensity of 4.82 kgCO2e/sq ft against a 2030 statutory limit of 3.35 kgCO2e/sq ft, the property faces an estimated statutory penalty of $16,676 per year starting in 2030 (total 5-year cumulative exposure of $83,380) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity

4.82 kgCO2e/sq ft

LL84 Benchmarking CY2024

2024–2029 Cap & Status

6.75 kg/sq ft

Compliant ($0)

2030–2034 Annual Penalty

$16,676/year

$16,676/yr

5-Year Cumulative Exposure

$83,380

2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320

Gross Floor Area (GFA)

42,232 sq ft

Dwelling / Commercial Units

48 units

Governing Compliance Pathway

Article 320 from 2026 (rent regulated)

Statutory Excess Rate

$268 per metric ton excess CO2e (§ 28-320.6)

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