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New M-CORE Program to Incentivize Manhattan Office Renovations | Cole Schotz

The New York City Economic Development Corporation (NYCEDC) and the New York City Industrial Development Agency (NYCIDA) have launched the Manhattan Commercial Revitalization (M-CORE).

New yorkUnited statesMatthewp asnisCole schotzYork city industrial development agencyYork city economic development corporationNew york city economic development corporationNew york city industrial development agencyManhattan commercial revitalizationMayor adamsGovernor hochulYork workHudson yards financing areaPenn station general project plan areaNew york city departmentLocal law

M-Core, New Tax Incentive for NYC Building Owners, Debuts

A new city tax incentive for landlords offers some consolation to the real estate industry after the state let 421a and J-51 die.

New yorkUnited statesAdler stachenfeldEric adamsTyng patkaEconomic development corporationIndustrial commercial abatement programManhattan commercial revitalization programMelissa romNew yorkersHudson yards financing areaPenn stationCommercial abatementTherealdeal termsNew york city

Pre-Applications for NYC s New M-CORE Program Available on June 8, 2023 | Akerman LLP

The New York City Economic Development Corporation (NYCEDC) and the New York City Industrial Development Agency (IDA) created the New Manhattan Commercial Revitalization (M-CORE).

New yorkUnited statesYork city economic development corporationYork city industrial development agencyMinority women business enterprisesAbatement programNew york city economic development corporationNew york city industrial development agencyNew manhattan commercial revitalizationLower manhattanHudson yards financing areaPenn station general projectLocal lawLiving wagesPrevailing wagesSales tax procedures

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