« Return to search form

Please note that data are cataloged by fiscal years. For more info see our user guide.

New York City, NY Revenue Losses from Subsidy Programs

Download results as CSV or XML

Click on the name of a program for more details.

YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss sort icon
2021Urban Development Action Area Programs (UDAAP)Construction/rehabilitation$50,000,000$0$50,000,000Active
2021Industrial and Commercial Incentive Program (ICIP) and Industrial and Commercial Abatement Program (ICAP)Construction/rehabilitation$855,100,000$0$855,100,000Active
2021Commercial Conversion Programs 421-a, 421-b, 421-gConstruction/rehabilitation$1,730,100,000$0$1,730,100,000Active
2021Solar Electric Generating System (SEGS) Abatement ProgramsEnergy production$24,300,000$0$24,300,000Active
2021Industrial Incentive Program - Sales Tax AbatementGeneral Economic Development$42,831,000$0$42,831,000Active
2021Commercial Growth Program - Sales Tax AbatementGeneral Economic Development$168,288,000$0$168,288,000Active
2021Division of Alternative Management Programs (DAMP)Housing$19,400,000$0$19,400,000Active
2021J51 ProgramHousing$295,900,000$0$295,900,000Active
2021Major Capital Improvement (MCI) ProgramProperty improvements$17,700,000$0$17,700,000Active
2021Sports Arean Used by NHL and NBASports and other mega events$43,900,000$0$43,900,000Active
2022Commercial Conversion Programs 421-a, 421-b, 421-gConstruction/rehabilitation$1,784,900,000$0$1,784,900,000Active
2022Industrial and Commercial Incentive Program (ICIP) and Industrial and Commercial Abatement Program (ICAP)Construction/rehabilitation$789,000,000$0$789,000,000Active
2022Sports Arena Used by NHL and NBASports and other mega events$43,200,000$0$43,200,000Active
2022Low Income Housing Program 420-CAffordable Housing$365,900,000$0$365,900,000Active
2022J51 ProgramHousing$272,500,000$0$272,500,000Active
2022Commercial Growth ProgramGeneral Economic Development$180,045,000$0$180,045,000Active
2022Division of Alternative Management Programs (DAMP)Housing$48,000,000$0$48,000,000Active
2022Industrial Incentive ProgramGeneral Economic Development$38,825,000$0$38,825,000Active
2022Relocation and Assistance Program (REAP), Lower Manhattan Relocation and Employment Assistance Program for Eligible Benefits (LMREAP-EB) and Lower Manhattan Relocation and Employment Assistance Program for Special Eligible Benefits (LMREAP-SEB)Business attraction/retention/expansion$27,000,000$0$27,000,000Active
2022Solar Electric Generating System (SEGS) Abatement ProgramsEnergy production$25,800,000$0$25,800,000Active
2022Major Capital Improvement (MCI) ProgramProperty improvements$21,400,000$0$21,400,000Active
2022Urban Development Action Area Programs (UDAAP)Construction/rehabilitation$16,200,000$0$16,200,000Active
2022The Commercial Revitalization (CRP) and Commercial Expansion (CEP)sConstruction/rehabilitation$14,000,000$0$14,000,000Active
2022Build NYC Tax Abatement ProgramConstruction/rehabilitation$4,198,000$0$4,198,000Active
2015Battery Park City AuthorityGeneral Economic Development$173,700,000$0$173,700,000Passive
2015Urban Development Corporation (currently known as Empire State Development Corporation [ESDC])General Economic Development$272,300,000$0$272,300,000Passive
2016Battery Park City AuthorityGeneral Economic Development$185,100,000$0$185,100,000Passive
2016Urban Development Corporation (currently known as Empire State Development Corporation [ESDC])General Economic Development$315,700,000$0$315,700,000Passive
2017Battery Park City AuthorityGeneral Economic Development$198,500,000$0$198,500,000Passive
2017Urban Development Corporation (currently known as Empire State Development Corporation [ESDC])General Economic Development$317,700,000$0$317,700,000Passive
2018Battery Park City AuthorityCharity/nonprofit/government assistance$160,700,000$0$160,700,000Passive
2018Empire State Development CorporationConstruction/rehabilitation$332,100,000$0$332,100,000Passive
2019Urban Development Corporation (currently known as Empire State Development Corporation [ESDC])Construction/rehabilitation$325,700,000$0$325,700,000Passive
2019Battery Park City Authority (The Authority)General Economic Development$162,200,000$0$162,200,000Passive
2020Battery Park City AuthorityCharity/nonprofit/government assistance$138,200,000$0$138,200,000Passive
2020Empire State Development CorporationConstruction/rehabilitation$314,000,000$0$314,000,000Passive
2021Battery Park City AuthorityCharity/nonprofit/government assistance$123,300,000$0$123,300,000Passive
2021Empire State Development CorporationConstruction/rehabilitation$352,900,000$0$352,900,000Passive
2022Urban Development Corporation / Empire State Development CorporationConstruction/rehabilitation$400,200,000$0$400,200,000Passive
2022Battery Park City AuthorityCharity/nonprofit/government assistance$161,200,000$0$161,200,000Passive
TABULATED TOTAL$28,935,380,000$0$28,935,380,000