The Manhattan commercial real estate market has forever shifted after the pandemic, with lower occupancies, the flight to quality and owners seeking innovative ways to make their properties stand out to potential clients. Governmental entities are introducing new opportunities that allow commercial real estate businesses to explore tax credits and incentives for environmental, social and governance (ESG) initiatives, and incentives designed to promote economic growth and encourage business development. Various regulations are aimed at reducing greenhouse gas emissions, improving energy efficiency ratings and helping business owners attract world-class tenants. Take a deep dive into the exciting changes on the horizon for the commercial real estate sector.
CBIZ is a business consulting, tax and financial services provider and works closely with MHM (Mayer Hoffman McCann P.C.), an independent CPA firm providing audit, review and attest services. In January 2022, CBIZ Marks Paneth joined CBIZ. CBIZ Marks Paneth — known for serving the real estate, high-net-worth, not-for-profit and government, commercial business/manufacturing and private equity sectors — is proud to now be a part of CBIZ and MHM, one of the nation’s top accounting providers serving middle-market and growth-oriented organizations across the U.S. CBIZ Marks Paneth provides a full range of audit, accounting, tax and consulting services, with specialties in business continuity, international tax, forensic accounting, litigation support, technology, family office and financial advisory services.