NYC Childcare Center Property Tax Abatement
In an effort to provide an “accessible, equitable, and high-quality childcare system,” New York State enacted legislation on December 5, 2025 that revives, expands and extends New York City’s Childcare Center Property Tax Abatement. According to the article by law firm Rosenberg & Estis, P.C. at the time of the legislation passage, highlighted changes include:
- The regular Childcare Center Abatement cap increases to $350,000.
- The enhanced abatement for childcare centers in a “childcare desert” increases to $750,000.
- The application deadline is extended from March 15, 2025 to March 15, 2027.
- The law takes effect immediately and is retroactive
The deadline to submit completed applications to the NYC Department of Finance (DOF) is no later than March 15 prior to the tax year in which the abatement would take effect. The New York City Department of Small Business Services is offering an online event for those interested in learning more about the tax abatement program on Tuesday, March 3, 2026 from 11 AM to 12 PM EST through Eventbrite, those interested in attending can reserve a spot by clicking on the link: https://www.eventbrite.com/e/new-york-city-child-care-center-property-tax-abatement-332026-tickets-1982718070121
Source: https://www.nyc.gov/site/finance/property/group-childcare-abatement.page