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NYCEDC Compliance

NYCEDC has Compliance Specialists that work with NYCEDC, NYCIDA, NYCNCC and Build NYC project companies and institutions who benefit from our financial programs and/or loans.

To receive benefits, our project companies have agreed to regularly report specific details about their organizations. We collect this information to help them remain in good standing. Many NYCEDC, NYCIDA, NYCNCC, and Build NYC Agreements, require our projects to report specific information that may include insurance, employment, and benefits information. Below you can find useful information about our reporting requirements, common compliance reporting forms, and information about benefits issued to projects.

NYCEDC Online Reporting System

Go paperless and submit annual reporting requirements through NYCEDC's online reporting system.

In order to enroll in our new online service, an Authorized Representative of the Company must submit the Online Certifier Authorization Form. An Authorized Representative is a Principal, Officer or Director able to act on behalf of the Company as defined in your Agreement. We will notify you via email once we have created a Certifier account for you. The Certifier will then be able to create Preparer accounts to help with the document submission process.

Report the following faster and easier than ever before:

  • Employment & Benefits Reports
  • Living Wage Survey
  • Subtenant Occupancy Surveys
  • Certificate of Interest Rate Swap
  • Location Survey
  • And more!

Log in to the Online Reporting System

Forgot your username and password? Contact [email protected] or call our Compliance Hotline at 212.312.3963 and we will have your login information resent to you.

Employment & Benefits Report

Each year, our projects are required by City and State legislation to report certain employment and benefit utilization. The following forms are required by law:

  • Employment & Benefits Forms
  • Living Wage Attachment
  • Subtenant Employment & Benefit Form
  • Certificate of Interest Rate Swap
  • FRESH Certification
  • NYS-45 Summary Page

Download Employment & Benefits Report Forms

Subtenancy Occupancy

On an annual basis, our clients are required to report certain information relating to subtenants to NYCIDA, NYCCRC, or Build NYC by completing the Subtenant Occupancy Survey.

The Subtenant Occupancy Survey is required only for existing projects with NYCIDA, NYCCRC, and Build NYC projects that closed after July 1, 2010 (via Installment Sale and/or Lease Agreements, or Loan Agreements, respectively).

The Subtenant Occupancy Survey below includes:

  • An editable Subtenant Occupancy Survey 
  • Detailed instructions 
  • Sample company information

NYCIDA Subtenant Occupancy Survey

Build NYC Subtenant Occupancy Survey

Subtenant Occupancy Survey Frequently Asked Questions (FAQ)

Please email completed Subtenant Occupancy Surveys to [email protected] or fax to 212.618.5738 no later than February 22, 2017.

Please Note - Projects may require NYCIDA, or Build NYC approval prior to entering into any sublease at eligible project locations.  Please contact us if you are considering entering into a lease. If you are aware of a project that has already entered into a sublease, contact the compliance hotline immediately at 212-312-3963 or [email protected].

    Subtenant Occupancy Application 

    Subtenants at an eligible project location must first be approved by the Agency prior to entering into any sublease. Please complete the application below for any subtenants you are considering. If you have existing tenants that were not authorized yet, you must still complete this application. Please submit your completed application to [email protected] or mail to:

    New York City Economic Development Corporation
    Attn: Compliance Department
    One Liberty Plaza
    New York, NY 10006


    Subtenant Occupancy Application (Non-Bond Projects)
    Subtenant Occupancy Application (Bond Projects)

    Build NYC

    Subtenant Occupancy Application

    Other Documents

    Download other documents that may be required to be submitted pursuant to your Agreement with NYCEDC, NYCIDA, and Build NYC, including:

    • Scholarship Certificate and Private Schools Policy
    • ST-60 "IDA Appointment of Project or Agent"
    • ST-340 "Annual Report of Sales and Use Tax Exemptions"
    • Compliance Calendars
    • Late Fees
    • Fair Wages for New Yorkers Act

    Download Other Documents