In 2019, New York State authorized the City to designate priority community districts to receive an enhanced tax abatement for green roof installation. Properties within the priority districts will receive a tax abatement of $15 per square foot for the installation of a green roof. All other community districts will receive the standard tax abatement of $5.23 per square foot.
The NYC Office of Long Term Planning and Sustainability has released a draft rule and Notice of Public Hearing to establish criteria for the selection of priority green roof tax abatement districts. The purpose of the proposed rule is to add a new Chapter 18 to Title 43 of the Rules of the City of New York.
The Office of Long Term Planning and Sustainability will hold a public hearing on the proposed rule online. The public hearing will take place on January 25, 2021 at 5:30PM EST.
Read the full Notice of Public Hearing and Opportunity to Comment on Proposed Rules to learn how you can join the public hearing online and submit comments on the proposed rules.