The Reginald and Anna DeKoven House is not subject to Local Law 97.
Based on NYC public-records data, The Reginald and Anna DeKoven House (1025 PARK AVENUE) is approximately 18,741 sq ft — below the 25,000 sq ft threshold at which Local Law 97 emissions caps apply.
Buildings under the threshold are not required to file LL84 benchmarking and face no current or 2030 LL97 penalty exposure. Smaller co-ops and condos in this size range are outside the scope of the law as currently written.
For buyers underwriting an apartment in a smaller building like The Reginald and Anna DeKoven House, LL97 is one variable that simplifies — the building doesn’t face the 2030 emissions cliff that larger Manhattan co-ops and condos do. No regulatory capital pressure stacking onto reserves, no compliance retrofit budget, no per-unit assessment exposure from this law specifically.
That said, buildings under 25k sq ft typically have other characteristics worth understanding — smaller reserves, fewer units to absorb major capital projects (boiler replacement, façade work, elevator modernization), and a concentrated impact when assessments do arrive. The editorial profile of The Reginald and Anna DeKoven House covers the building-specific operational and financial dynamics in detail.
Underwriting a purchase at The Reginald and Anna DeKoven House?
LL97 simplifies the diligence here, but the rest of the picture — reserves, assessment history, board posture, recent sales context — still matters. The Roebling Team does this layer of work on every client transaction.
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