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.
July 2013: The bill passed by the State Legislature to extend certain leasing incentives in Lower Manhattan was not signed into law. This currently impacts the Commercial Revitalization Program's Commercial Rent Tax Special Reduction, the Lower Manhattan Relocation Employment Assistance Program, and the Lower Manhattan Energy Program. Please see those program descriptions below for information.
These programs have been tremendously successful economic development tools and there continues to be strong support for them. There is reason to believe that the Legislature will take the initiative to ensure the successful passage of these incentives when they reconvene.
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.
Reports & Research
The Downtown Alliance has been collecting in-depth data on Lower Manhattan for over 10 years.
Do You Have Questions?
If you have additional questions, please call our Incentives Hotline: