Incentives Calculator

The following calculator is based on incentive programs, administered by various City and State agencies, that may be available for businesses that locate in Lower Manhattan. Please refer to this page to determine the incentive programs that are currently applicable or please call our incentives hotline (212) 835-2790 for more information.

Generous financial incentives make Lower Manhattan’s office space even more affordable. This calculator tool will estimate the savings your business could receive based on the information you enter, and offers the option for a comparison to Midtown. 

April 2020 Update: The New York State Legislature voted to adopt a budget which included the renewal of three Lower Manhattan leasing incentives with no changes for the next three years. The programs include:

LM-REAP was also extended for a period of five years with the addition of a new reporting requirement for companies receiving that specific benefit.

All fields are required. Some fields have default assumptions entered automatically to reflect the standard or average for commercial office tenants, but you can change these fields to fit your specifications.

All fields required

The number of employees you are expected in your Lower Manhattan office

Of these employees, the number that will be relocating from outside New York City (all five boroughs)

In which zone will you be locating?

Your eligibility for each incentive may depend on the geography in which you locate. Please refer to the maps below to match the location you are considering with a zone and then select that zone from the drop-down box. You can click on the image to enlarge it.

Incentives Calculator
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per square foot

Will your new location be in an office building built before 1975? .

Is your new location participating in the Lower Manhattan Energy Program? Click here to identify buildings participating in this program.

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per square foot

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non-profit? enter "0"

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Annual equipment purchases per employee

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