Steven Polivy

Steven Polivy

Akerman LLP

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New York City's Commercial Real Estate Tax Industrial and Commercial Abatement Program Extended to 2030 With Modifications

The New York City Industrial and Commercial Abatement Program (ICAP) has been extended to remain in effect through 2030, with some modifications. The New York state budget bill for FY 2026, signed by Governor Kathy Hochul on...more

6/30/2025  /  Commercial Property Owners , Economic Development , New Legislation , New York , Property Tax , Real Estate Transactions , State Budgets , Tax Abatement , Tax Incentives , Warehouses
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