Glenwood - Paramount Tower
Multifamily Housing in New York City, NY · 240 East 39th Street · 10016
At a glance
Glenwood - Paramount Tower is a 608,313-square-foot multifamily housing building at 240 East 39th Street in New York City, New York, built in 1997. In its 2024 New York City benchmarking disclosure it reported an ENERGY STAR score of 18 out of 100 (grade D), a site energy-use intensity of 87.0 kBtu/ft² and 3,789 tCO₂e of greenhouse-gas emissions. That score is higher than 11% of the 22,829 scored multifamily housing buildings in New York City.
Local Law 84 (LL84) · reporting year 2024
Benchmarking record
| Field | Value |
|---|---|
| ENERGY STAR score | 18 (band D) |
| Site EUI | 87.0 kBtu/ft² |
| Source EUI | 135.8 kBtu/ft² |
| GHG emissions | 3,789 tCO₂e |
| GHG intensity | 6.2 kgCO₂e/ft² |
| Electricity | 4,534,494 kWh |
| Natural gas | 364,646 therms |
| Gross floor area | 608,313 sq ft |
| Source record | nyc:4036594:2024 |
The disclosure history
Year over year
| Year | Score | Δ | Site EUI | GHG emissions |
|---|---|---|---|---|
| 2024latest | 18 | +12 | 87.0 kBtu/ft² | 3,789 tCO₂e |
| 2023 | 6 | -1 | 119.9 kBtu/ft² | 3,925 tCO₂e |
| 2022 | 7 | 122.3 kBtu/ft² | 3,639 tCO₂e |
Compliance context
Local Law 84 (LL84)
Under Local Law 97, buildings over 25,000 sq ft face carbon caps with fines of $268 per metric ton of CO₂e over the limit, phasing in from 2024.
Ownership
No owning organisation shown. Names of private individuals in the disclosure are not published here.
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Location
- Address
- 240 East 39th Street
- City
- New York City
- State
- New York
- ZIP
- 10016
- Coordinates
- 40.74831, -73.97455
Within ~1 km
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See also: most efficient in New York City · biggest emitters
How does Glenwood - Paramount Tower compare with other multifamily housing buildings in New York City?
The latest disclosures cover 33,022 multifamily housing buildings in New York City, out of 48,310 buildings citywide. Glenwood - Paramount Tower's ENERGY STAR score of 18 compares with an average of 63 across the 22,829 that report a score; it scores higher than 11% of them and lower than 89%. Its site EUI of 87.0 kBtu/ft² is about 16% above the average of 74.9 kBtu/ft² — it uses more energy per square foot than the typical building in that group. Its emissions intensity of 6.2 kgCO₂e/ft² is about 20% above the group average of 5.2 kgCO₂e/ft².
At 608,313 sq ft, it is about 503% above the average floor area of 100,951 sq ft for those buildings. It was built in 1997, 45 years later than the group's average year built (1952). Across all 24 jurisdictions BuildingCensus covers, the 59,945 multifamily housing buildings average an ENERGY STAR score of 70 and a site EUI of 59.0 kBtu/ft².
How has Glenwood - Paramount Tower's energy performance changed over time?
BuildingCensus holds 3 New York City disclosures for Glenwood - Paramount Tower, covering report years 2022–2024. Its ENERGY STAR score went from 7 in 2022 to 18 in 2024 (+11 points). Site EUI moved from 122.3 kBtu/ft² (2022) to 87.0 kBtu/ft² (2024), a 29% decrease. Reported emissions went from 3,639 tCO₂e to 3,789 tCO₂e over the same span (up 4%).
What does an ENERGY STAR score of 18 mean?
ENERGY STAR scores run from 1 to 100 and are computed by the EPA's Portfolio Manager as a percentile against similar buildings nationwide, adjusted for climate, size and use: a score of 18 means the building performs better than about 18% of its national peers. BuildingCensus bands the score into report-card grades; 18 falls in band D — lowest band (1–54). It sits 57 points below 75, the threshold for ENERGY STAR certification. In New York City, 43% of scored buildings are at 75 or above.
Site energy-use intensity (EUI) is the energy a building uses on site in a year divided by its floor area, in thousand Btu per square foot — lower is more efficient. Glenwood - Paramount Tower's 87.0 kBtu/ft² across 608,313 sq ft works out to about 52.9 billion Btu (15,510 MWh-equivalent) in 2024. Its source EUI of 135.8 kBtu/ft² also counts the energy lost generating and delivering that power, which is why it is higher. The disclosure also reports 4,534,494 kWh of electricity and 364,646 therms of natural gas for the year.
Which law requires Glenwood - Paramount Tower to report its energy use?
Glenwood - Paramount Tower reports under Local Law 84 (LL84), the legal basis of New York City's Energy and Water Data Disclosure program, which publishes each covered building's annual benchmarking results. The record shown here is the report-year 2024 disclosure (source record nyc:4036594:2024). Under Local Law 97, buildings over 25,000 sq ft face carbon caps with fines of $268 per metric ton of CO₂e over the limit, phasing in from 2024.
More multifamily housing buildings in New York City
- LEHMAN VILLAGE· 608,150 sq ft · score 6 (D)
- Wavecrest - 1130 Burke Avenue· 607,392 sq ft · score 7 (D)
- Copy of Orsid - 200 Riverside Boulevard· 607,134 sq ft
- RIVERDALE OSBORNE· 607,066 sq ft · score 56 (C)
- Carlyle: 1201 2nd Avenue· 605,709 sq ft · score 59 (C)
- WILLIAMS PLAZA· 605,488 sq ft · score 100 (A)
- Multifamily Housing buildings in New York City· 33,022 benchmarked
- All New York City benchmarked buildings· Local Law 84 (LL84)
- Most efficient large buildings in New York City
- Least efficient large buildings in New York City
- Biggest emitters in New York City
Frequently asked questions
What is Glenwood - Paramount Tower's energy grade?
Glenwood - Paramount Tower scores 18 out of 100 on ENERGY STAR — band D, lowest band (1–54) — in its 2024 New York City disclosure. Scores are national percentiles against similar buildings; 75+ qualifies for ENERGY STAR certification.
How much energy does Glenwood - Paramount Tower use?
Its 2024 site energy-use intensity was 87.0 kBtu/ft² (135.8 kBtu/ft² source) across 608,313 sq ft, including 4,534,494 kWh of electricity and 364,646 therms of natural gas.
What are Glenwood - Paramount Tower's carbon emissions?
Glenwood - Paramount Tower reported 3,789 tCO₂e of greenhouse-gas emissions (6.2 kgCO₂e/ft²) for 2024.
Where is Glenwood - Paramount Tower?
Glenwood - Paramount Tower is at 240 East 39th Street, in New York City, New York 10016. Its coordinates are 40.74831, -73.97455 (latitude, longitude), as published in the Energy and Water Data Disclosure file.
How big is Glenwood - Paramount Tower and when was it built?
Glenwood - Paramount Tower has 608,313 sq ft of gross floor area, as reported in its 2024 disclosure. The disclosure lists 1997 as its year built. It is classed as multifamily housing.
Is Glenwood - Paramount Tower covered by Local Law 84 (LL84)?
Yes — it appears in the 2024 Energy and Water Data Disclosure disclosure, which lists the buildings reporting under Local Law 84 (LL84).
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About this data
Source: Energy and Water Data Disclosure (Local Law 84 (LL84)), as published October 2, 2026. See the methodology for how records are matched, cleaned and scored.
Cite as: BuildingCensus, “Glenwood - Paramount Tower, New York City, New York — 2024 benchmarking disclosure”, https://buildingcensus.com/buildings/new-york-city/glenwood-paramount-tower-d8c7abc3 (data as of October 2, 2026).