The department of finance administers the benefit.
Green roof benefits nyc.
Green roofs can benefit heat vulnerable communities by reducing ambient temperatures and providing an additional layer of insulation to increase cooling efficiency in the summer and even heating efficiency in the winter added treglia.
Condominium abatements are divided among the individual condominium units.
These green roofs reduce the city s heat island effect decrease energy costs improve air and water quality sequester carbon and provide habitat for urban wildlife.
Green roofs filter out 95 of the cadmium copper and lead and 30 of the nitrogen and phosphorous in storm water.
The benefit is capped at whichever is less.
Green roofs can provide many benefits for the inhabitants of nyc including stormwater management heat island mitigation thermal regulation habitat enhancement and recreational opportunities.
Benefits of green roofs improving water quality.
Green roofs reduce the amount of storm water run off by 50 to 90 percent and reduce the peak flow rate of run off.
Benefits of green roofs green roofs can provide many social economic environmental and sustainable benefits for the inhabitants of nyc including stormwater management heat island mitigation thermal regulation habitat enhancement and recreational opportunities.
During a 1 rainfall 100 water retention is achievable.
The mayor s office estimates that the solar and green roof installations mandated by these bills will result in 300 mw of new solar capacity 15 million gallons of new stormwater management capacity 1 million tons of greenhouse gas reductions and hundreds of green jobs.
Our collection of rooftop systems features native plants sedums green walls hydroponic towers a vegetable and herb farm and honeybee hives.
Learn more about environmental benefits.
Nyc department of buildings dob determines eligibility and approves the application.
The tax abatement is equal to 4 50 per square foot of green roof space.
100 000 or the amount of property taxes due for the building that tax year.