The New York City Industrial Development Agency’s (NYCIDA) Uniform Tax Exemption Policy (UTEP) includes financial incentives, e.g., real estate tax discounts, specific to commercial development projects in the Hudson Yards area.
Please download the complete NYCIDA Uniform Tax Exemption Policy (in pdf). The Hudson Yards incentives are described in Appendix E of the UTEP.
Get General information about the NYCIDA.
For more information about Hudson Yards financial incentives, contact Corinne Packard, HYDC’s Vice President for Development, at 212-971-5606.