2014 Report by NYC Shack Institute of Real Estate

A 2014 Report by NYU Shack Institute of Real Estate, in collaboration with the NYC Brownfield Partnership, discusses the economic return of the tax credits under the BCP. The Report pegs the return as 7 to 1 for every state dollar in credits. As of 2014, the State had provided $1.14 billion and the projects represented $7 billion in total investment costs.