A brick industrial loft building in Long Island City under renovation, with scaffolding, new steel windows and a crane, the Manhattan skyline in the distance.
Exemptions & Abatements

What Is ICAP? The NYC Industrial and Commercial Abatement Program, Who Qualifies, and What It Is Worth
A prewar Washington Heights apartment building mid-renovation, new windows going in behind scaffolding. Government Resource
Exemptions & Abatements

What Is J-51? The NYC Abatement for Renovated Buildings, Its Expiry, and the Program That Replaced It
A new residential tower in Long Island City beside older low-rise buildings, Manhattan behind. Government Resource
Exemptions & Abatements

What Is 421-a? The NYC Tax Exemption, What Happened to It, and What Owners Still File
A large residential construction site in Queens, its frame rising under a tower crane. Government Resource
Exemptions & Abatements

What Is 485-x? The Program That Replaced 421-a, and What It Asks of a New Building
A converted Lower Manhattan building with new windows and fresh ground-floor awnings at early evening. Article
Exemptions & Abatements

NYC Tax Abatements Explained: What Is an Abatement, and Which Programs Still Exist in 2026?
Blog Post
Exemptions & Abatements

Which Properties Are Eligible to Receive ICAP Tax Benefits?
coop-condo-abatement-thumbnail Blog Post
Exemptions & Abatements

Coop/Condo Abatement
assessment-basics-part-ii-thumbnail Blog Post
Exemptions & Abatements, Assessment Process

Assessment Basics – Part II
421A-tax-exemption-changes-for-2016-thumbnail Blog Post
Newsworthy, Exemptions & Abatements

421A Tax Exemption Changes for 2016