Economic Incentives
Relocation Employment Assistance Program (REAP)
REAP benefits companies relocating to Industry City from Manhattan (below 96th St), or outside of NYC, by providing up to $3,000 annually for each full-time employee, for up to 12 years.
Examples:
150 Full Time Employees: $450,000 per year
175 Full Time Employees: $525,000 per year
200 Full Time Employees: $600,000 per year
Commercial Rent Tax (CRT)
Industry City office tenants are exempt from the NYC Commercial Rent Tax.
Energy Cost Savings Program (ECSP)
Qualified companies are eligible for savings of up to 22.5% on energy costs.
Contact us
For more information on availability and pricing, please fill out this form or call 347-417-8483.
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