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New York City’s CBDs (Central Business Districts)

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Due to economic growth throughout NYC in many industry sectors, a number of new CBD’s or Central Business Districts have emerged.

Lower Manhattan
Lower Manhattan has been transformed by extensive investment and development into a thriving 24/7 neighborhood and is a prime location for businesses looking for inexpensive commercial space.

Harlem
Harlem’s diverse cultural heritage is creating excellent opportunities for cultural and economic growth.

Long Island City
Long Island City’s close proximity to midtown and a wide array of affordable and spacious leasing options makes it an ideal location for business.

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Lower Manhattan: Tax exemptions and incentive programs for businesses

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Companies looking to relocate to Lower Manhattan are entitled to various tax savings and incentives programs. These incentives include Sales Tax Savings, Commercial Rent Tax Savings, Special WTC Rent Reductions and the Lower Manhattan Relocation Employment Assistance Program.

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