Learn more about the NYS Commercial Rehab Tax Credit

September 22 must be NYS Commercial Rehab Tax Credit day - there are two fantastic, free opportunities to learn more about this newly improved program.

Nixon Peabody LLP is hosting a free morning seminar at its Rochester office from 8 to 11 a.m. that day, cosponsored by the Preservation League of New York State, The Landmark Society of Western New York, Reznick Group P.C., and MacRostie Historic Advisors, LLC. A description of the program and online registration can be found here.

In the afternoon, Cannon Heyman & Weiss, LLP, is presenting a webinar on the commercial tax credit from 1:30-3:00 p.m. Learn “just the facts” from CHW about the Federal Historic Tax Credit and the newly expanded New York State Historic Tax Credit including a discussion of practical issues, monetizing credits to supplement other development sources, and the SHPO application and approval process. Conveniently log in on your desktop computer from the comfort of home or work. Questions may be submitted in advance or live during the Webinar.
For more registration information, contact Amanda McCrady at amccrady@chwattys.com.

Note that both of these educational opportunities will cover the commercial credits only (those available for income-producing properties, including rental residential, office, industrial, or retail buildings) - there will be no discussion of the residential credits available to private homeowners. For more on those credits, now available to thousands more homeowners in our region, stay tuned - we will be working with our partners at the state level to present workshops as the implementation details come together.

Posted by Katie Eggers Comeau, Director of Preservation Services