The department of finance administers the benefit.
Green roof benefits nyc.
The abatement length is one year.
Nyc parks maintains more than 200 000 square feet of green roofs across the city.
Nyc department of buildings dob determines eligibility and approves the application.
Benefits of green roofs green roofs can provide many social economic environmental and sustainable benefits for the inhabitants of nyc including stormwater management heat island mitigation thermal regulation habitat enhancement and recreational opportunities.
Condominium abatements are divided among the individual condominium units.
Green roofs can benefit heat vulnerable communities by reducing ambient temperatures and providing an additional layer of insulation to increase cooling efficiency in the summer and even heating efficiency in the winter added treglia.
Green roofs filter out 95 of the cadmium copper and lead and 30 of the nitrogen and phosphorous in storm water.
100 000 or the amount of property taxes due for the building that tax year.
Click any image to enlarge.
Benefits of green roofs improving water quality.
The tax abatement is equal to 4 50 per square foot of green roof space.
During a 1 rainfall 100 water retention is achievable.
The mayor s office estimates that the solar and green roof installations mandated by these bills will result in 300 mw of new solar capacity 15 million gallons of new stormwater management capacity 1 million tons of greenhouse gas reductions and hundreds of green jobs.
Learn more about environmental benefits.
Green roofs reduce the amount of storm water run off by 50 to 90 percent and reduce the peak flow rate of run off.
Our collection of rooftop systems features native plants sedums green walls hydroponic towers a vegetable and herb farm and honeybee hives.