Owner Renewal of CEP and CRP

You should only submit this application if you are or are representing the benefiting property owner. If you are associated with the Tenant Applicant, you should access the Tenant Renewal Commercial Expansion Program (CEP) form or Tenant Renewal Commercial Revitalization Program (CRP) form. You can find the this form under the Available Filings tab.

The CEP and CRP provide property tax benefits for qualified new, renewal, and expansion leases designed to increase commercial tenant occupancy in older lower Manhattan buildings and in commercial offices and industrial and manufacturing spaces in the outer boroughs.

You are eligible to submit the CEP or CRP renewal application and maintain the associated abatement credits if:

• You have previously received a Notification of Eligibility from the Department of Finance, citing the specifics of your tenant’s eligibility.
• Your tenant has maintained their CEP- or CRP-eligible tenancy within your CEP- or CRP-eligible building.
• Your property billing reflects a CEP or CRP abatement credit or credits.
• You have received a notice to file a renewal to maintain CEP or CRP abatement credits on your property.

Submit the renewal form by July 1 to maintain credits for the upcoming tax year.

If the presented information is correct, please click the Begin Filing button.