Bloomberg Tax
Sept. 11, 2020, 4:52 PM

NYC Lawmakers Urge Mayor to Expand Tax Break for Green Roofs

Sam McQuillan
Sam McQuillan
Reporter

A group of New York City lawmakers is urging Mayor Bill de Blasio (D) to expand a tax abatement for special sustainable roofing.

The Green Roof Tax Abatement offers $4.50 in property tax savings for each square foot of roof with vegetation and insulation to combat pollution from runoff and avert sewer flooding.

Comptroller Scott Stringer—who this week announced a mayoral bid—along with State Senator John Liu, and State Assembly Member Nily Rozic, asked de Blasio in a letter Friday to sign an executive order that would raise the cap on the program to $1 million a year from ...

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