Tax Incentives

PRESS RELEASE

NYCEDC And ShopRite Announce Grand Opening Of Gateway Center Supermarket, Creating More Than 350 Jobs in East New York

NYCEDC and ShopRite today announced the grand opening of ShopRite of Gateway Center in East New York, which will create more than 350 full and part-time jobs in the area and bring fresh produce to an underserved neighborhood.

PRESS RELEASE

Build NYC Approves Tax-Exempt Financing For Four New York City Non-Profit Educational Institutions

Build NYC today approved approximately $37 million in tax-exempt financing to assist with expansion projects and cost reductions for four New York City non-profits.

PRESS RELEASE

Build NYC Approves Tax-Exempt Financing For YMCA to Reduce Costs, Ramp up Renovations, and Construct New Facility

Build NYC today approved approximately $50 million in tax-exempt financing to assist with expansion projects and cost reductions for the YMCA of Greater New York.

Resource

Business Incentives Guide Chinese

Last Updated

This guide provides an overview of New York City incentive programs that can benefit your business in both the near- and long-terms. The guide includes individual program descriptions, location maps and contact information.

Resource

Business Incentives Guide

Last Updated

This guide provides an overview of New York City incentive programs that can benefit your business in both the near- and long-terms. The guide includes individual program descriptions, location maps and contact information.

Tax Incentives

Commercial Tax Incentives

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Discretionary tax incentives for commercial projects with significant economic benefit to New York City.

Tax Incentives

Food Retail Expansion to Support Health (FRESH)

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FRESH promotes the establishment and expansion of neighborhood grocery stores in underserved communities by providing zoning and financial incentives to eligible grocery store operators and developers.

Tax Incentives

Industrial Incentives Program (IIP)

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Tax reductions for industrial companies in New York City undertaking capital renovation projects.

Financing & Incentives

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Information about NYC business incentives and financing opportunities, including liberty bonds, tax exemptions, energy savings and loans provided by NYCEDC, NYCIDA and CRC.