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New York News May 14, 2019 4 mins read

Mayor de Blasio warns Trump of hefty fines if his company does not comply with NYC’s climate change law

New York News ı By Marivic Cabural Summers

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New York City Mayor Bill de Blasio-NYC Green New Deal

Mayor Bill de Blasio warned President Donald Trump that his company could face hefty fines if it does not comply with New York City’s new law to reverse the impacts of climate change.

Last month, the New York City Council passed a package of legislation known as the Climate Mobilization Act. It is a key component of the city’s Green New Deal, an aggressive initiative to fight climate change on all fronts.

The new law requires owners of big buildings in New York such as the Trump Organization to cut its greenhouse gas emissions. It will take effect on May 17, 2019.

Trump Organization could face $2.1 million in fines annually

The Trump Organization owns at least eight large building across New York City. Its buildings are dirty and inefficient—pumping approximately 27,000 tons of greenhouse gases every year. Therefore, it does not meet the emissions levels under the law.  It will owe around $2.1 million in fines annually starting 2030 if it does not clean up its buildings, according to the Mayor’s office.

In a statement, Mayor de Blasio said, "Our message is loud and clear. We’re tackling climate change head-on with NYC’s Green New Deal.” He added that the city is requiring “all big building to cut their emissions” to achieve its goal to become carbon neutral by 2020.

“President Trump – you’re on notice. Your polluting buildings are part of the problem. Cut your emissions or pay the price,” said Mayor de Blasio.

Trump properties currently in-compliant with New York City’s emission standards

  1. Trump International Hotel & Tower, 1 Central Park West
    Estimated 2030 fine: $850,871 per year if no improvements made
  2. Trump Building, 40 Wall Street
    Estimated 2030 fine: $164,565 per year if no improvements made
  3. Trump World Tower, 845 United Nations Plaza No. 37-B
    Estimated 2030 fine: $212,121 per year if no improvements made
  4. Trump Tower, 721 Fifth Avenue
    Estimated 2030 fine: $469,848 per year if no improvements made
  5. Trump Park Avenue, 502 Park Avenue
    Estimated 2030 fine: $126,316 per year if no improvements made
  6. Trump Parc, 106 Central Park South
    Estimated 2030 fine: $40,360 per year if no improvements made
  7. Trump Parc East, 100 Central Park South
    Estimated 2030 fine: $26,629 per year if no improvements made
  8. Trump Palace, 200 East 69th Street
    Estimated 2030 fine: $239,315 per year if no improvements made

Eric Trump accused Mayor de Blasio of abusing his power

The President’s son, Eric Trump who serves as executive vice president of the Trump Organization slammed Mayor de Blasio in a series of tweets on Monday. He accused the Mayor of attacking businesses for “political points” and abusing his power.

In response, Mayor de Blasio tweeted, “Spare me. You and your dad have spent decades evading taxes and stiffing your workers. NYC’s Green New Deal is one law the Trumps won’t get away with breaking. Fix your buildings or pay the price.”

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Marivic Cabural Summers

Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

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