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 10, 2019

Intl. Code Council releases Natural Disaster Preparedness Guide

Provides tips for staying safe during and after a hurricane or severe weather.

Codes and Standards | Jun 7, 2019

Market conditions indicate slower growth in industrial real estate sector

E-commerce, market oversupply, rising interest rates to dampen hot market.

Codes and Standards | Jun 3, 2019

Haskell invests in BLOX, creator of modular-based delivery method

‘Represents important part of Haskell’s future strategy,’ says CEO.

Codes and Standards | May 31, 2019

RELi 2.0 standard for sustainability, resilience being piloted

Will be open to LEED-registered or -certified projects, with introductory pricing and support.

Codes and Standards | May 24, 2019

USGBC receives funding for LEED for Cities and Communities Program

Bank of America provides $500,000 grant to certify 15 U.S. cities.

Codes and Standards | May 24, 2019

AIA updates Interiors Contract Documents

Six revised documents available for interior construction projects.

Codes and Standards | May 23, 2019

Northern California casino offers a template for resilient microgrids

Solar power with batteries and backup generators provide weeks of self-reliance.

Codes and Standards | May 23, 2019

Austin creates innovative plan to boost affordable housing

Approach includes loosened zoning, incentives for higher density in lower-cost and mixed-income developments.

boombox1
boombox2
native1

More In Category

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.




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