Green Roof Benefits New York City

Our collection of rooftop systems features native plants sedums green walls hydroponic towers a vegetable and herb farm and honeybee hives.

Green roof benefits new york city.

These green roofs reduce the city s heat island effect decrease energy costs improve air and water quality sequester carbon and provide habitat for urban wildlife. Nyc department of buildings dob determines eligibility and approves the application. Condominium abatements are divided among the individual condominium units. The abatement length is one year.

The department of finance administers the benefit. Some of the cities most desirable neighborhoods are near green park space. Click any image to enlarge. A new york city guide to green roofs.

100 000 or the amount of property taxes due for the building that tax year. The benefit is capped at whichever is less. New york city comptroller scott m. Green roofs have vegetation that absorbs rainwater provides insulation and combats the heat island effect where urban environments have higher temperatures than surrounding areas.

More and more tenants both commercial and residential are looking for outdoor space. Stringer joined with state senator john liu and assemblymember nily rozic to push for the implementation of the green roofs tax abatement and catalyze the development of green roofs across the city. The tax abatement is equal to 4 50 per square foot of green roof space. We break them down with urban green council.