Understanding Tax Incentives for Green Commercial Buildings in NYC

New York City is at the forefront of sustainable urban development, offering a range of tax incentives to encourage the construction and retrofitting of green commercial buildings. These incentives not only promote environmental responsibility but also provide financial benefits to property owners and developers. 1. Green Roof Property Tax Abatement The Green Roof Property Tax [...]

2025-06-04T16:08:48-04:00June 26th, 2025|

How Local Law 97 Will Affect NYC Commercial Real Estate Management

New York City’s ambitious Local Law 97 (LL97) is set to significantly impact commercial real estate management in the coming years. As part of the city’s Climate Mobilization Act, LL97 mandates substantial reductions in greenhouse gas emissions from large buildings, aiming for a more sustainable urban environment. Enforcement began in 2024, so commercial property owners [...]

2025-03-05T03:42:47-05:00February 13th, 2025|

Sustainability in NYC Real Estate: Energy-Efficient Solutions for Commercial Properties

As one of the busiest cities in the world, New York City is a hub of commercial activity. However, its skyline of iconic buildings and bustling streets comes with a substantial environmental footprint. In recent years, sustainability has become a critical priority in the NYC real estate sector, particularly for commercial properties.  Building owners, developers, [...]

2025-01-23T15:50:26-05:00January 23rd, 2025|

Our strong, relationships with national retailers, the broader real estate community, contractors, architects, engineers, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive property management services across metropolitan New York and Long Island.

Contact Info

First Class Management, Inc.
102-10 metropolitan avenue
Suite 200
Forest Hills, NY 11375

Phone: 347.829.7768

Fax: 212.918.9037

Web: http://fcmre.com

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