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Project Name

500 Seneca Street, LLC


500 Seneca Streeet
New York

Project Details

An exemption from sales taxes and mortgage recording tax in connection with the adaptive reuse of 500 Seneca Street.  Sales tax abatement on materials and equipment incorporated into the project will be limited to (a) building shell and core and (b) building materials and equipment incorporated for the tenant finishes - for non-retail tenants only.  Future tenant buildouts would be subject to IDA eligibility and a new application. 


Status Details

05/20/2015 - $ 35,675,400 - Amendatory Inducement Resolution passed by ECIDA Board of Directors