Incentives Calculator | Downtown Alliance

Incentives Calculator

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.

2017 Update: Four key incentive programs are set to expire this year including CRT/part II of CRP, LMEP, LM-REAP and the NYS Sales Tax Exemption program for Eligible Area A. For more information on the potential renewal of all incentives below, please email Alison Baumann at abaumann@downtownny.com or visit http://www.downtownny.com/leasing-and-financial-incentives.

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.

The number of employees are expected in your Lower Manhattan office
Of these employees, the number that will be relocating from outside New York City (all five boroughs)
Total square footage of your office
Rent per square foot
In which zone will you be locating?
What is this?
Incentives Calculator
Use of space
Lease term
$
Expected leasehold improvements per SF
Will your new location be in an office building built before 1975? Click here for a list of buildings built before 1975
Is your new location participating in the Lower Manhattan Energy Program? Click here to identify buildings participating in this program
$
Expected Energy Use per SF
%
Corporate Tax Rate (non-profit? enter "0")
$
Annual equipment purchases per employee
%
Discount Rate
Compare savings from Lower Manhattan to Midtown