We don’t just build beautiful spaces
We create enduring assets that grow in value

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Imagine getting paid to preserve history
321 Convent Avenue, New York, 10031
98.7%
Of soft & hard cost qualified
39%
Of soft & hard cost qualified
Slider Image
Imagine getting paid to preserve history
321 Convent Avenue, New York, 10031
98.7%
Of soft & hard cost qualified
39%
Of soft & hard cost qualified
Slider Image
Imagine getting paid to preserve history
321 Convent Avenue, New York, 10031
98.7%
Of soft & hard cost qualified
39%
Of soft & hard cost qualified
Getting Paid to Preserve History
4 Hamilton Terrace, New Work, 10031
97.3%
Development Costs
Qualified
48.7%
Development Costs Recouped
Getting Paid to Preserve History
321 Convent Avenue, New York, 10031
98.7%
Development Costs
Qualified
39%
Development Costs Recouped
Getting Paid to Preserve History
453 W. 141 St, New Work, 10031
96.4%
Development Costs Qualified
48.2%
Development Costs Recouped
The New York City Historic Tax Credit Fund
A development model designed to maximize returns & minimize risk

A strategic development model that leverages a specialized government program covering up to 50% of eligible development costs, enabling us to access some of the most desirable residential real estate in the world.

This program empowers us to acquire and restore high-demand historic properties, including townhouses and landmark buildings, without the limitations of rent control or affordable housing mandates.

Our process
IDENTIFY
Undervalued historical assets in qualified prime NYC neighborhoods with high-end residential potential.
SECURE
Federal and state tax credits to reduce risk and maximize return.
EXECUTE
In-house design, construction, and MEP trade teams.
SECURE
Luxury properties with government-layered returns.

One team.One process.No Gaps.

What makes us different?

We operate as partners, not intermediaries, aligning capital, construction, and strategy as one team. Our process is vertically integrated, with almost no handoffs from navigating acquisitions, to permitting, to almost all aspects of the construction phase.

We apply full control at every stage

Vertically Integrated In-House Teams

Architecture & Design

Plumbing

Tax Credit Compliance

Electric

Construction

Mechanical

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An opportunistic Value-Add Strategy with built-in downside protection through a 40% government subsidy onHard & Soft Costs Focused on Acquiring high demand Historical and commercial to residential conversionProperties in the most in-demand Neighborhoods in New York

Interested in learning more about the New York Historic Tax Credit Fund? Share your info below and one of our specialists will connect with you shortly to walk you through the opportunities.

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MERCER & BOND

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