421-g - HPD

Housing Preservation & Development


Tax Credits and Incentives

421-g


421-g

The 421-g Tax Incentive is a tax exemption and abatement for conversion of commercial buildings to multiple dwellings in downtown Manhattan. 421-g is not available to projects that commenced conversion after 2006.

Contact ArtXI_420c_UDAAP@hpd.nyc.gov for more information.