Economic Development Incentives

Our Economic Development Incentives Practice Group assists businesses and governments with the intricacies of business development, relocation and expansion. We offer experience in all areas of economic development incentives and our comprehensive services can help ensure successful project completion, financing, job creation and tax savings.

New York’s tax and regulatory environment can make business growth a daunting prospect. Our experience with incentive programs and project assistance programs helps our clients surmount these challenges. Our services include:

  • Brownfield Cleanup Program
  • StartUp New York and Excelsior Job Program
  • Industrial Development Agencies
  • Government grants and tax treatment of grants
  • Empire Zones Program
  • Energy incentive programs
  • Historic rehabilitation tax credits
  • Low income housing tax credits
  • New markets tax credits
  • Real property tax abatement and PILOT agreements
  • 1031 exchanges and other tax deferral opportunities

We also represent the interests of our clients in the legislative and regulatory process. Utilizing our experience, reputation and relationships created through years of practice in economic development, we advocate for legislative and regulatory action that will encourage capital investment in New York and spur job creation.

Types of Economic Development Incentives work we do:

  • Community Development
  • EB-5 Program Investments
  • Empire / Excelsior Zones
  • Federal, State, Local Grant and Loan Programs
  • Historic Rehabilitation Tax Credits
  • HUD 108 Loans
  • Industrial Development Agencies (IDAs)
  • NYS Consolidated Funding Applications
  • RestoreNY
  • Startup New York