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Several commercial real estate incentive programs sponsored by New York City and New York State can substantially reduce the costs of leasing business real estate. These programs often entail tax rebates and incentives for the owners of participating buildings that ultimately get allocated as rent abatements to tenants. The programs are available South of Canal Street and North of 96th Street in Manhattan and Brooklyn, Queens, The Bronx, and Staten Island. NYC Leasing and Financial Incentive Programs (CRP, LMEP, LM-REAP): https://www.downtownny.com/leasing-an... 00:00 Introduction 00:35 Overview & geography 00:51 Programs for landlords, which benefit tenants 01:15 CRP and CEP 02:16 Application process & availability 02:43 Lower Manhattan Energy Program (LMEP) 02:59 Relocation Assistance Program (LMREAP-EB) 04:48 Programs for commercial tenants elsewhere 05:05 Thank you for watching - Please Subscribe! ----------------------------------------------------------------------------------------------------- FOR MORE REGULAR UPDATES, PLEASE VISIT ME ON TWITTER: / metromanhattan ---------------------------------------------------------------------------------------------------- Learn more about New York City commercial real estate at: https://www.metro-manhattan.com