ICAP Services

SJP assists property owners, developers, and businesses with the Industrial and Commercial Abatement Program (ICAP). Our services include project eligibility review, application preparation, compliance monitoring, annual filings, and ongoing benefit administration to help clients maximize and preserve valuable property tax benefits.

How We Help

  • ICAP eligibility reviews

  • Application and workbook preparation

  • Benefit analysis and tax savings review

  • Regulatory filing support

  • Construction and permit monitoring

  • Annual compliance reporting

  • Benefit retention and renewal assistance

Why Choose SJP

  • Extensive experience with NYC tax incentive programs, including 421-a, ICIP, ICAP, and 485-x tax benefits.

  • Expertise in commercial, industrial, and mixed-use developments seeking ICAP tax benefits.

  • Application preparation and submission support

  • Ongoing compliance and regulatory assistance

  • Direct coordination with developers, owners, architects, and government agencies

Whether your project involves new construction, modernization, expansion, or rehabilitation, SJP can help navigate ICAP requirements and maximize available tax benefits.

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