Major Capital Improvement (MCI) Abatement

The application for the Major Capital Improvement (MCI) Abatement is now available online. This abatement will be granted for major capital improvements approved by the New York State Division of Housing and Community Renewal (DHCR) after June 15, 2015. Qualified properties will be eligible for the abatement for one tax year. Please see below for frequently asked questions. You can find additional information in the MCI guidelines or the online application’s user guide.

We will be closing the Major Capital Improvement (MCI) abatement application portal soon.

Beginning in winter 2024, you will be able to use a new online filing system for MCI abatement applications.

If you have questions or need assistance, please contact us or call 311.

File MCI online

Forms

Major Capital Improvement (MCI) Abatement Application Proxy Form

Frequently asked questions

  1. When will the MCI abatement be applied?
    The MCI abatement will be applied in the tax year beginning after the approval of the application.

  2. Can the MCI abatement be carried over to another tax year?
    The MCI abatement cannot be carried over to another tax year.

  3. Is the abatement renewable?
    The abatement for a specific MCI increase is not renewable in subsequent years.

  4. 4. How will the abatement affect other New York City and New York State tax benefits?
    The MCI abatement will not reduce or offset any other tax benefit provided, calculated, or approved by New York City or New York State.

Need help? Contact 311 or email us.