Division of Alternative Management (DAMP)

The Department of Housing Preservation and Development's Division of Alternative Management operates several programs that select alternative managers for residential properties foreclosed on by the City for nonpayment of taxes, with the goal of returning these properties to the tax rolls.

Properties sold through DAMP receive certain property tax breaks on the residential portion of the property for up to a forty-year period.

Contact Information
For further information on DAMP, contact:

NYC Department of Housing Preservation and Development
Office of Tax Incentives
100 Gold Street, First floor
New York, NY 10038