Property taxes don’t have to weigh you down. At Metropolitan Realty Exemptions, we simplify the complex world of abatements, incentives, tax, and zoning programs.
At Metropolitan Realty Exemptions Inc., we’ve spent over 20 years helping property owners and developers unlock valuable tax and zoning incentive programs. We know how overwhelming new construction and major alterations can be — and we make the filing process simple, accurate, and stress-free.
Some programs must be filed before New Building or Alteration permits are issued, and your building’s layout or unit mix can directly affect eligibility. That’s why it’s essential to bring our team in early to maximize your benefits.
With professionalism and precision, our experts guide you every step of the way — securing substantial tax breaks and long-term savings for your property.
We assist developers in securing valuable 485-X exemptions by managing every stage of the process. From eligibility review to filings and compliance, our team ensures smooth coordination and full regulatory accuracy.
Provides property tax exemptions for new residential construction or buildings that expand by more than 50 percent. The program encourages affordable housing development while keeping projects financially feasible.
We help developers meet New York City’s UAP mandates with clarity and precision. Our advisory team manages zoning, reporting, and documentation to ensure inclusive, compliant, and financially sound developments.
Applies to new residential developments in mapped areas of New York City. Developers gain zoning incentives by creating or preserving affordable housing units.
Offers property tax abatements for new commercial buildings or major alterations of existing properties. ICAP promotes investment and modernization in New York City’s business districts.
We guide property owners through the 467-M program designed for senior housing. Our experts oversee all filings, documentation, and compliance requirements to secure and maintain long-term abatement benefits.
Our team manages all DHCR registration requirements with precision and accuracy. We handle rent filings, legal rent reviews, and compliance documentation to protect your building and prevent costly violations.
Requires annual registration for multifamily buildings with HPD. Keeping MDR filings current ensures compliance and avoids penalties.
Sets annual wage and benefit standards for public works and certain tax-abated properties. Compliance is required to maintain eligibility for city benefits.
Incentivizes developments that lease space to grocery stores in underserved areas. FRESH improves access to healthy, affordable food while strengthening neighborhoods.
Provides property tax relief for buildings owned and used by nonprofits. This exemption helps organizations focus resources on community services.
Provides tax exemptions and abatements for multifamily buildings undergoing rehabilitation or upgrades. This program helps preserve affordable housing while supporting property improvements.
Grants zoning bonuses to developers who include permanently affordable housing for seniors. AIRS encourages age-friendly, affordable residences across the city.
We provide detailed tax forecasts designed to guide smart real estate decisions. Our projections model future liabilities, financial outcomes, and long-term impacts to strengthen your investment strategy.
Through Reside New York, our HPD-approved agency manages the entire affordable housing lottery process. We ensure full compliance while handling advertising, tenant selection, and lease-up efficiently.
Why Choose Us For Exemptions Savings Peace of Mind
Our specialists know every program and exemption inside out, so your filings are always on point.
We identify opportunities you may not even know exist, helping you reduce tax burdens significantly.
From paperwork to deadlines, we manage the process start to finish — you just enjoy the results.





















































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Don’t leave money on the table. Contact Metropolitan Realty Exemptions today and let our experts secure the tax benefits your property deserves.
Don’t leave money on the table. Contact Metropolitan Realty Exemptions today and let our experts secure the tax benefits your property deserves.