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My Co-Op received a D energy rating because there was a conflict between the D.O.F. and the D.O.B with the tax code.
Can this error have an adverse affected on the Co-Op's abatement or any of the Star benefits?
Who is the responsible agency/party to correct this error?
If the fault is on the part of either agency will our Co-Op have to wait 1 year for an updated rating?
Thank you.
We were never informed if the D rating. I looked it up from an article on this site"Energy Efficiency Letter Grades". D.O.B.portal
From what I know, your energy rating has no effect on your abatements or Star benefits.
You said you were never informed of your D rating. Did you know your D rating must be posted in a conspicuous place on your lobby entrance door?
I don’t think you’re being told the truth why you got a D rating. I don’t think it has anything to do with any tax code. It has to do with your co-op’s energy efficiency. Who told you this?
My understanding is that the DOB is the agency in charge.
I am told you will not be able to amend your rating at this time. You’ll have to wait until next year when you file your 2021 benchmark report.
An earlier Habitat magazine article said that 2/3 to 3/4 of all buildings are expected to get a C or D rating in the first year.
That’s because the energy efficiency program is allowing several years for buildings to make the necessary upgrades needed to make buildings more energy efficient.
I’m not too worried about a D rating in the first year. Everyone is just starting out at this time. Buildings should be able to improve to a B at the end of their second year. It’s the rating at end of the second year that will really affect buyers in my opinion.
I agree with pc1 that your building should look at their boiler and windows. You should review the lighting as well - maybe switch to LED lights to become more energy efficient.
Good luck.
Thank you for your in-depth explanation.
Yes I am aware that the building has to display the energy rating and yes, we were never told about the D rating.
I went on to the D.O.B. open portal with B.B.L. and it showed the rating and the below message:
"Please Note: The Department of Finance's building classification information shows a building's tax status, which may not be the same as the legal use of the structure. To determine the legal use of a structure, research the records of the Department of Buildings".
I agree with you and PC#1 that it has to do with the boilers and windows.
I don't want the co-op receive a fine for not displaying the grade but I also do not want to be the troublesome shareholder.
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To dispute your rating call your managing agent they will advise you of the effects this has on your building. Your board also needs to address this problem.
It sounds like your building needs to update your heating system/windows.
I know that as a buyer I wouldn't buy into a co-op/condo with a D rating.
Best of luck
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