New York's Cooperative and Condominium Community
My company does NOT directly engage in the securing of Federal Incentives. This is informative only: Federal Tax Incentives through EPAct are available for commercial facilities who implement energy reducing technologies that result in minimum overall energy reduction of 15%.
Multifamily residential buildings in excess of four (4) floors that are rental only do qualify for this tax incentive. Condo's & Co-ops typically do not. The key is "rental" as that means "for profit" which qualifies it as a commercial property.
Have a great day and I look forward to meeting all of you at the Co-op/Condo Expo in April.
Eric
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