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.

June 2017 Update: Governor Cuomo has signed a bill which extends all tax incentive programs affecting properties in Lower Manhattan for three more years.

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.

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.

Number of Employees *

The number of employees are expected in your Lower Manhattan office

Number of Employees Relocating *

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

Square Footage *

Total square footage of your office

Rent Per Square Foot * 75+60-7555-6050-5545-5040-4535-4030-3525-3020-25<20

Rent per square foot

Zone * 1234

In which zone will you be locating?
What is this?

Space Use * OfficeRetail

Use of space

Lease Term * 3510

Lease term

Expected Improvements *

$

Expected leasehold improvements per SF

Pre 1979 Building * YesNo

Will your new location be in an office building built before 1975? Click here for a list of buildings built before 1975

LMEP Building * YesNo

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

Energy Use *

$

Expected Energy Use per SF

Corporate Tax Rate *

%

Corporate Tax Rate (non-profit? enter "0")

Equipment *

$

Annual equipment purchases per employee

Discount Rate *

%

Discount Rate

Compare savings from Lower Manhattan to Midtown

120+77.50-12072.50-77.5067.50-72.5063.50-67.5057.50-63.5053.50-57.5042.50-47.5037.50-42.5032.50-37.50<30

Calculate