Skip to main content

Optimizing Development Under Multiple Incentive Programs


Rosenberg & Estis, P.C.

The best value of economic incentives is obtained when you understand how to structure these programs together. We specialize in:
  • Comparative analysis of property tax and net operating income data, both gross and net of tax incentives / zoning incentives and affordability requirements, to find the optimal programs for your project.
  • Combining zoning incentives / requirements (UAP, MIH, VIH) with property tax incentives (485-x, 467-m, 421-a, ICAP, etc.).
  • Structuring projects to obtain multiple benefits, align with financing and ownership requirements and for other reasons, via condominium declaration formation. We have extensive experience forming condominium regimes and can assist with this.
Our decades of experience with NYC economic incentives allows us to help your project take full advantage of available property tax incentives, zoning incentives, affordability requirements while meeting regulatory requirements.