Real Estate
ConsultantsPowered by CompliBuddy technologyConsulting & Advisory experts for New York Cityproperty compliance.
ConsultantsPowered by CompliBuddy technologyConsulting & Advisory experts for New York Cityproperty compliance.
NYC Property Tax Incentives & BenefitsProperty Tax Exemptions and Abatements incentives calculations are an important part of the financial analysis of a new construction or a rehabilitation development. Whether it is a residential, commercial, or a mixed-use project, our office can offer advisory services to find the tax benefits that would offer the greatest savings available for your development.
Inclusionary HousingInclusionary Housing program was created to promote affordable housing in the areas where zoning has been modified to encourage new development. The program offers developers additional bonus square footage as known as FAR in return for creating affordable housing units. Our office helps to maximize the benefits of providing affordable housing and increase the return on investment under NYC’s rezoning requirement. Mandatory Inclusionary Housing Program (MIH)Voluntary Inclusionary Housing Program (VIH)Inclusionary Housing Units AllocationAffordable Independent Residence for Seniors (AIRS)
Affordable Housing Marketing, Lease-up & MonitoringCity5 Consulting is an approved marketing agent of NYC Housing reservation and Development (HPD) and HDC agencies. Our office is authorized to work on marketing, leased up, and compliance monitoring & reporting of affordable housing under various programs such as 421-a(1) Affordable New York, LIHTC, Inclusionary Housing, AIRs and other.*HPD Administering Agent services provided by Rentability, a nonprofit entity founded by one of City5's principals.HPD Marketing Agent for Affordable Housing NYHPD Marketing Agent for Inclusionary HousingHDC Marketing Agent for HOME & LITHCInitial tenant Selection & ApprovalAffordable Housing MonitoringAdministering Agent Service through Rentability
New York State DHCRNew York State Home and Community Renewal (HCR) is the state agency responsible for implementing the laws and regulations that govern rent controlled and rent stabilized tenancies. Our DHCR professional represents property owners in various proceedings with this agency.
ViolationsOur violation removal specialists are highly skilled professionals who represent our clients for violations issued by
the DOB, FDNY, DSNY, DOT, NYPD, DEP, DOH, DOHMH, Landmark Preservation and HPD agencies.
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Latest News
May 11 2019Newly Constructed Affordable Units Available in BushwickA lottery offering 3 newly constructed affordable apartments is officially open in the Bushwick neighborhood.A lottery offering 3 newly constructed...
May 10 2019New Affordable Housing Lottery Open in Bedford-StuyvesantA new affordable housing lottery is now open in Bedford-Stuyvesant neighborhood of Brooklyn. Managed...
May 10 2019Modern Design Building Will Bring Affordable Housing to Crown Heights this MayLocated at 141 Utica Avenue, the four-story building developed by Twin Builders will rise...
May 9 20195 Newly Renovated Affordable Apartments Available in BushwickNewly renovated residential buildings at the center of Bushwick neighborhood of Brooklyn is now accepting...
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