Does 140-33 34 AVENUE face NYC Local Law 97 penalties in 2030?

Under 2030 statutory caps, 140-33 34 AVENUE has a projected annual penalty of $186,452/year under Article 320 from 2024.

What is the statutory compliance pathway for 140-33 34 AVENUE (BBL 4049810078)?

140-33 34 AVENUE is classified under Article 320 from 2024 based on NYC Department of Buildings Covered Buildings List records.

Multifamily Housing BBL: 4049810078 Article 320 from 2024

Hampshire Coop Inc

140-33 34 AVENUE, Queens, NY 11354

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Statutory Compliance Finding & Executive Summary

According to official NYC DOB records and Local Law 84 benchmarking, 140-33 34 AVENUE (Queens, BBL 4049810078) is subject to NYC Local Law 97 under Article 320 from 2024. Based on a reported emissions intensity of 9.04 kgCO2e/sq ft against a 2030 statutory limit of 3.18 kgCO2e/sq ft, the property faces an estimated statutory penalty of $186,452 per year starting in 2030 (total 5-year cumulative exposure of $932,260) unless decarbonization retrofits or a Good Faith Effort penalty pause under 1 RCNY § 103-14(i) are implemented.

Reported Carbon Intensity

9.04 kgCO2e/sq ft

LL84 Benchmarking CY2024

2024–2029 Cap & Status

6.75 kg/sq ft

$72,877/yr

2030–2034 Annual Penalty

$186,452/year

$186,452/yr

5-Year Cumulative Exposure

$932,260

2030–2034 statutory liability

Property Benchmarking & Compliance Ledger

NYC Admin Code § 28-320

Gross Floor Area (GFA)

118,746 sq ft

Dwelling / Commercial Units

108 units

Governing Compliance Pathway

Article 320 from 2024

Statutory Excess Rate

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

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