flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

New York extends, enhances tax abatements to promote green roofs

New York extends, enhances tax abatements to promote green roofs

The amendment to the law will increase tax breaks for green roofs from $4.50 to $5.23 per square foot, with benefits that could reach a maximum of $200,000. 


By BD+C Staff | January 26, 2014
Photo: Pacific Northwest Regional Architecture via Wikimedia Commons
Photo: Pacific Northwest Regional Architecture via Wikimedia Commons

The expansion of a tax-abatement program for green roofs under New York state law doubles the previous maximum benefit of $100,000, adds new plant species to the list of those applicable for the tax break, and allows new drainage and other structural provisions to make installation easier.

The amendment to the law will increase tax breaks for green roofs from $4.50 to $5.23 per square foot, with benefits that could reach a maximum of $200,000.

Green roofs would be required to cover 50% of the rooftop space under the mandate, contain 80% vegetation, and include a waterproofing membrane, insulation, drainage and a separate layer to collect water.

(http://www.habitatmag.com/Publication-Content/2014/2014-January/Featured-Articles/State-Extends-Green-Roof-Tax-Break#.UtzAdPsRXIU)

Related Stories

Codes and Standards | Jun 29, 2021

Biden China policy may spur more increased U.S. PV manufacturing capacity

Senate bill proposes advanced solar manufacturing production credit.

Codes and Standards | Jun 28, 2021

Local and state building energy performance standards aim to curb climate change

Owners must up the ante on operations and retrofits.

Codes and Standards | Jun 24, 2021

Biden Administration will restore ‘Waters of the U.S.’ protections ended by Trump

Early revision more likely to hold up in court, says legal expert.

Codes and Standards | Jun 23, 2021

Denver unveils renewable heating and cooling plan

City releases roadmap to decarbonizing existing homes and buildings.

Codes and Standards | Jun 22, 2021

Actually, few companies plan to significantly reduce their office footprint

CBRE survey shows that many firms will continue with hybrid work.

Codes and Standards | Jun 21, 2021

Vancouver, B.C., may delay new zero emissions building standards

Building permit delays may postpone new standards by a year.

Codes and Standards | Jun 17, 2021

Buffalo’s parking reform having noticeable impact on development

Elimination of mandatory parking allotments encourages new projects.

Codes and Standards | Jun 16, 2021

Inconsistent building codes make some states more vulnerable to hurricanes

Florida takes top spot for strongest building code in latest IBHS survey.

Codes and Standards | Jun 15, 2021

Growing housing supply gap will worsen affordability crisis

Supply projected to fall 4.5 million units short in 2022.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021