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NYCEDC and NYCIDA Announce 'M-CORE' Tax Benefits for Commercial Renovations | Kramer Levin Naftalis & Frankel LLP

The New York City Economic Development Corp. (EDC) and Industrial Development Agency (IDA) have announced the Manhattan Commercial Revitalization tax incentive program, dubbed “M-CORE,”...
New York United States York City Economic Development Corp Industrial Development Agency Abatement Program New York City Economic Development

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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:53:00

D.c.s mayor. >> we encourage more property owners to follow their lead. >> reporter: mayor muriel bowser announcing planets for an abatement program incentivizing office-to-apartment building conversions and address the affordable housing crisis and revitalize the business district. still office-to-apartment conversions are no silver bullet. what are some of the challenges of converting an office building into an apartment space? >> its endless. new plumbing, new electrical, new mechanical. so y...
Washington D C Property Owners Abatement Program Business District Muriel Bowser Office Building

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