New York City multifamily apartment buildings
NYC Property Owners & Real Estate Investors

Is Your Property Tax Abatement Expiring?

Protect Your Investment. Understand Your Options. Plan Your Next Move.

Thousands of New York City properties are approaching the expiration of valuable property tax incentives. For some owners, the resulting increase in operating expenses could significantly affect cash flow, property value, and long-term investment performance.

The Property Preservation & Tax Transition Program™ helps owners evaluate their financial exposure and explore potential strategies for preserving their properties, restructuring their investments, pursuing eligible affordable housing opportunities, or preparing for a strategic sale.

Already started? Open your secure client portal on PatienceDean.com, part of the same Generals Equipped service.

Led by Dr. Patience Dean · Operated by Generals Equipped Private Wealth Club

The transition ahead

What Happens When Your Tax Abatement Expires?

Higher annual property taxes

01

Reduced net operating income

02

Increased pressure on cash flow

03

Lower projected property valuations

04

Debt-service and refinancing challenges

05

Difficulty preserving affordable housing

06

Pressure to refinance, reposition, or sell

07
Understand your exposure

Property Tax Exposure Calculator

Illustrative operating impact

Annual cash flow is before income taxes.

Current annual cash flow
Not available
Projected annual cash flow
Not available
Additional annual property taxes
Not available
Additional monthly property taxes
Not available
Illustrative NOI change
Not available
Illustrative value impact
Not available
Debt-service coverage · current
Not available
Debt-service coverage · projected
Not available
Formulas & assumptions

NOI = gross rental income − operating expenses excluding property taxes − property taxes. Cash flow = NOI − annual debt service. Tax increase = projected property taxes − current property taxes. Monthly increase = annual increase ÷ 12.

NOI change = projected NOI − current NOI. Illustrative value change = NOI change ÷ (capitalization rate ÷ 100). Debt-service coverage = NOI ÷ annual debt service. A positive debt-service amount and capitalization rate are required for their respective ratios. Your current value is a supplied reference, not an official valuation. Expiration date is informational; no proration is applied.

Blank or invalid amounts remain unknown. No income taxes, financing changes, rent growth or changes to other expenses are assumed.

Estimates only—not official tax assessments, valuations, professional tax advice, or a determination of eligibility. Projected tax amounts and capitalization rates are your assumptions and require professional verification.

Get My Full Property Assessment
Evaluate your options

Available Property Strategies

01

Nonprofit Housing & Charitable Property Strategies

Evaluate whether eligible charitable housing structures or nonprofit partnerships could support a legitimate property preservation or acquisition strategy.

02

HDFC & Affordable Housing Opportunities

Explore whether a Housing Development Fund Company or eligible affordable housing project may qualify for applicable NYC programs, including Article XI, subject to appropriate reviews and government approvals.

03

Property Tax Incentive & Exemption Review

Identify potentially applicable property tax relief programs and coordinate professional evaluation of eligibility.

04

Property Restructuring & Financial Preservation

Evaluate refinancing, recapitalization, operating improvements, and financial strategies for managing changes in property expenses.

05

Strategic Property Sales & Acquisitions

Help owners evaluate potential disposition options and connect with appropriately licensed real estate and qualified acquisition professionals.

Forming a nonprofit, foundation, or trust does not automatically eliminate property taxes. Qualifying ownership, legitimate charitable use, applicable law, regulatory approvals, and program-specific requirements must be evaluated by appropriate professionals. All strategies remain subject to qualified professional review.

Consulting & coordination

Our Three Service Levels

Package 1

Property Tax Exposure Assessment

$997

A clear starting point for understanding your property’s exposure.

  • Property information review
  • Tax abatement expiration research
  • Financial exposure analysis
  • Projected operating impact
  • Preliminary strategy screening
  • Written assessment report
  • One strategy consultation
  • Recommended next steps
Start My Assessment
Package 2

Nonprofit Housing Feasibility & Coordination

Starting at $7,500

For owners exploring a legitimate nonprofit or affordable housing strategy.

  • Organizational and project feasibility coordination
  • Nonprofit housing structure evaluation with legal counsel
  • Charitable mission and housing project planning
  • Governance and compliance readiness coordination
  • Financial and acquisition feasibility analysis
  • Professional referral coordination
  • Written implementation roadmap
  • Dedicated project management
Request a Feasibility Consultation
Package 3

Property Preservation & Acquisition Advisory

Starting at $15,000

Custom engagement for complex properties requiring broader coordination.

  • Comprehensive financial feasibility assessment
  • Property preservation strategy
  • Acquisition or disposition planning
  • Nonprofit housing partnership development
  • Financing and capital strategy coordination
  • Investor presentation preparation
  • Coordination with licensed professionals
  • Implementation oversight
Discuss My Property

Generals Equipped provides business consulting and coordination. Attorney, CPA, brokerage, governmental and other regulated professional services are independently contracted and separately quoted. No tax savings, financing, exemption approval or investment returns are promised. Initial intake does not enroll you or authorize any charge.

Questions

Frequently Asked Questions

Does submitting the assessment form enroll me or charge me?

No. Initial intake does not enroll you or authorize any charge. If your property is approved for a paid assessment, you will receive a proposal and consulting agreement before a secure payment link.

Are the calculator results an official tax assessment?

No. Results are illustrative estimates only—not official tax assessments, valuations, professional tax advice, or a determination of eligibility.

Will forming a nonprofit, foundation or trust eliminate my property taxes?

Not automatically. Qualifying ownership, legitimate charitable use, applicable law, regulatory approvals, and program-specific requirements must be evaluated by appropriate professionals.

Do you provide legal or tax advice?

Generals Equipped provides business consulting and coordination. Attorney, CPA, brokerage, governmental and other regulated professional services are independently contracted and separately quoted.

Can I submit more than one property?

Yes. Each property has its own inquiry and reference number.

Are results guaranteed?

No tax savings, financing, exemption approval or investment returns are promised. All strategies remain subject to qualified professional review.

A considered next step

Start with your property. Move forward with clarity.

Submit your information for preliminary review. If your property is approved for a paid assessment, you will receive a proposal and consulting agreement before a secure payment link. Additional services require a separate engagement.

Assess My Property