{"id":32163,"date":"2019-03-26T02:43:58","date_gmt":"2019-03-26T02:43:58","guid":{"rendered":"https:\/\/www.jackjaffa.com\/?page_id=32163"},"modified":"2019-04-19T03:48:19","modified_gmt":"2019-04-19T03:48:19","slug":"tax-incentives","status":"publish","type":"page","link":"https:\/\/www.jackjaffa.com\/tax-incentives\/","title":{"rendered":"Tax Incentives"},"content":{"rendered":"

[vc_row css=”.vc_custom_1553568483590{padding-top: 40px !important;padding-bottom: 20px !important;}”][vc_column][vc_column_text]<\/p>\n

Since 1979, Jack Jaffa & Associates\u2019 distinguished team of seasoned professionals (formerly known as Ben Rottenstein & Associates) has been enabling New York City developers to maximize tax incentive values for virtually every type of new construction, preservation or major capital improvement project, from luxurious high-rise condominiums to affordable housing projects, from commercial and manufacturing facilities to single family residences.<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” equal_height=”yes” content_placement=”middle”][vc_column width=”1\/2″ css=”.vc_custom_1554869138506{background-color: #001e3d !important;}”][vc_column_text css=”.vc_custom_1554869154301{padding-top: 10px !important;}”]<\/p>\n

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Over the course of three decades,<\/strong> owners of NYC properties have saved hundreds of millions of dollars\u00a0by utilizing our team\u2019s tax consulting services to maximize their 421-A, J-51, ICIP\/ICAP, and MCI incentives.<\/span><\/p>\n<\/header>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/2″ css=”.vc_custom_1554869174365{background-color: #474747 !important;}”][vc_column_text css=”.vc_custom_1554869206735{padding-top: 10px !important;}”]As a result of many years of experience in this field, we\u2019ve solidified our leadership position due to our diligent collaborative relations with HPD, DHCR and the Department of Finance. Identifying, analyzing, facilitating and securing benefits available through these agencies have become our forte, thus allowing us to specialize in a portfolio of government incentive program offers such as:<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1554783459337{padding-bottom: 20px !important;background-color: #f2f2f2 !important;}”][vc_column width=”1\/2″][vc_single_image image=”32168″ img_size=”full”][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n

421-A<\/h5>\n

Partial Real Estate Tax Exemption Benefits Program which benefits
\nprimarily newly constructed buildings containing four or more
\ndwelling units.<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/del><\/p>\n

J-51<\/strong><\/h5>\n

Tax Exemption Benefits Program which provides tax advantages for
\nrehabilitating or performing major capital improvements in residential
\nproperties or provides benefits for properties converting from
\ncommercial to residential status.<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/del><\/p>\n

ICIP\/ICAP<\/strong><\/h5>\n

Industrial and Commercial Incentives \/Abatement Program which
\nbenefits newly constructed or modernized commercial or industrial
\nproperties. It is absolutely vital that applications for such programs be
\nfiled prior to obtaining any permits.<\/p>\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/del><\/p>\n

MCI<\/strong><\/h5>\n

Major Capital Improvement Rent Increase Program which allows land-
\nlords to recoup the cost of building-wide capital improvement
\nexpenditures.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1554869237113{padding-top: 40px !important;padding-bottom: 40px !important;background-image: url(https:\/\/www.jackjaffa.com\/wp-content\/uploads\/2016\/07\/3.jpg?id=25801) !important;}”][vc_column][vc_column_text css=”.vc_custom_1553569189236{padding-right: 30px !important;padding-left: 30px !important;}”]<\/p>\n

\n

Why us?<\/span><\/h1>\n<\/header>\n
\n

In the rapidly changing real estate markets, developing and following through with the right tax incentives strategy is instrumental in cutting operating expenses. This can translate into securing better financing deals and create more attractive marketing conditions for any given property. Jack Jaffa & Associates is dedicated to helping our clients obtain maximum incentive benefits in the shortest\u00a0possible time. Let us structure a strategy best suited to maximize your building\u2019s potential.<\/span><\/p>\n<\/div>\n

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Select Projects<\/h1>\n

324 Pleasant Ave \u2013 Bronx \u00a0 \u2022 \u00a0 433 East 115th Street \u2013 Manhattan \u00a0 \u2022 \u00a0 The Millennium, 63\u201338 99th Street Queens The Venetian, 447 Avenue P \u2013 Brooklyn \u00a0 \u2022 \u00a0 146th Beach 9th \u2013 Queens 2280 Frederick Douglas Boulevard \u2013 Manhattan \u00a0 \u2022 \u00a0 The Clermont, 150 Clermont Avenue \u2013 Brooklyn Strivers West 2601 Francis Douglas Boulevard \u2013 Manhattan \u00a0 \u2022 \u00a0 The Douglass, 2110 Francis Douglas Boulevard \u2013 Manhattan Garvey Apartments, 1600 Fulton Street \u2013 Brooklyn \u00a0 \u2022 \u00a0 The Bradford, 1560 Fulton Street \u2013 Brooklyn 2908 Emmons Ave \u2013 Brooklyn \u00a0 \u2022 \u00a0 155 Bay Street \u2013 Staten Island \u00a0\u2022 \u00a0 2903 Valentine Ave \u2013 Bronx 31-35 31st Street \u2013 Queens \u00a0 \u2022 \u00a0 254 Front Street \u2013 Manhattan \u00a0 \u2022 \u00a0 89-14 Parsons Blvd \u2013 Queens 620 West 143rd Street \u2013 Manhattan \u00a0 \u2022 \u00a0 1600 Fulton Street \u2013 Brooklyn \u00a0 \u2022 \u00a0 1635 Lexington Ave \u2013 Manhattan 467 Keap Street \u2013 Brooklyn[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row css=”.vc_custom_1553568483590{padding-top: 40px !important;padding-bottom: 20px !important;}”][vc_column][vc_column_text] Since 1979, Jack Jaffa & Associates\u2019 distinguished team of seasoned professionals (formerly known as…<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"spay_email":""},"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/PaXmTO-8mL","_links":{"self":[{"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/pages\/32163"}],"collection":[{"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/comments?post=32163"}],"version-history":[{"count":9,"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/pages\/32163\/revisions"}],"predecessor-version":[{"id":33207,"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/pages\/32163\/revisions\/33207"}],"wp:attachment":[{"href":"https:\/\/www.jackjaffa.com\/wp-json\/wp\/v2\/media?parent=32163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}