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The construction workforce shortage is a growing concern for the industry. With contractors competing against each other to fill vacant positions, how can you get the most value for your recruitment dollars and find well suited employees? On many projects with public funding hiring minority and female workers isn’t just a good idea, it ensures you remain in compliance with regulatory requirements.
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The Industrial and Commercial Abatement Program (ICAP) provides a reduction of property taxes for construction, alterations, or improvements on qualifying industrial or commercial properties. This reduction is only in specific areas of New York City and for varying periods of time.