Every property receiving benefits pursuant to the Industrial & Commercial Incentive Program (“ICIP”) and/or the Industrial & Commercial Abatement Program (“ICAP”) is required to file a Certificate of Continuing Use (“CCU”) by January 5th, 2025. Failure to file the CCU by the deadline may result in a suspension or revocation of the ICIP or ICAP benefits.
If you have a property currently receiving ICIP and/or ICAP benefits, you should receive a notice from the New York City Department of Finance (“DOF”) informing you of the need to file a CCU. If you did not receive a notice from DOF, or if you need any assistance with the CCU filing, please contact Seiden & Schein P.C.’s Tax Incentives Department at [email protected], and we will be happy to assist you.
Seiden & Schein, P.C. is available and ready to aid you with all of your tax exemption and abatement needs including 421-a, 485-x, 467-m, 420-a and 420-c. Please contact Jason Hershkowitz or any member of Seiden & Schein, P.C.’s tax incentives team for additional information regarding any of these programs.
Contact:
Jason Hershkowitz [email protected]
Jay Seiden [email protected]
Frank Baquero [email protected]
Scott Schreiber [email protected]
Efram Klipper [email protected]
Seiden & Schein, P.C.
570 Lexington Avenue, 14th Floor
New York, New York 10022
(212) 935-1400
Website:www.seidenschein.com
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