§ 489-aaaaaa. Definitions. When used in this title:\n 1. "Commercial construction work" means the construction of a new\nbuilding or structure or the modernization, rehabilitation, expansion or\nimprovement of an existing building or structure for use as commercial\nproperty.\n 2. "Commercial exclusion area" means an area as defined in subdivision\nfour of section four hundred eighty-nine-gggggg of this title.\n 3. "Commercial property" means nonresidential property on which will\nexist after completion of commercial construction work a building or\nstructure, or portion thereof, used for the buying, selling or otherwise\nproviding of goods or services including hotel services, or for other\nlawful business, commercial or manufacturing activities; provided that\nproperty or portions of property dedicated to utility property shall not\nbe considered commercial property for purposes of this title.\n 4. "Commissioner" means the commissioner of finance of a city that has\nenacted a local law pursuant to this title.\n 5. "Completion of construction," or "completion," when relating to new\nconstruction, means the earlier of the date on which the department of\nbuildings of a city that has enacted a local law pursuant to this title\nissues a final certificate of occupancy, or when the department of\nfinance has otherwise determined that construction is complete.\n 6. "Department" means the department of finance of a city that has\nenacted a local law pursuant to this title.\n 7. "Industrial construction work" means the construction of a new\nbuilding or structure or the modernization, rehabilitation, expansion or\nimprovement of an existing building or structure for use as industrial\nproperty.\n 8. "Industrial property" means nonresidential property on which will\nexist after completion of industrial construction work a building or\nstructure, or portion thereof, with at least seventy-five percent of the\ntotal net square footage of the property used or immediately available\nand held out for manufacturing activities involving assembling goods or\nthe fabrication or processing of raw materials; provided that property\nor portions of property dedicated to utility property shall not be\nconsidered industrial property for purposes of this title.\n 9. "Manufacturing activity" means an activity involving the assembly\nof goods or the fabrication or processing of raw materials, but shall\nnot include: (a) such activity when conducted for the purpose of retail\nsale on the premises; or (b) utility services.\n 10. "Minimum required expenditure" means the amount that an applicant\nmust expend on construction work for a project in order to qualify for\nbenefits as provided in this title.\n 11. "Mixed-use property" means property on which exists, or will exist\nupon completion of construction work, a building or structure used for\nboth residential and nonresidential purposes.\n 12. "Renovation construction work" means the modernization,\nrehabilitation, expansion or improvement of an existing building or\nstructure where such modernization, rehabilitation, expansion or\nimprovement is physically and functionally integrated with the existing\nbuilding or structure, or portion thereof, does not increase the bulk of\nthe existing building or structure by more than thirty percent, and does\nnot increase the height of the existing building or structure by more\nthan thirty percent.\n 13. "Residential construction work" means any construction,\nmodernization, rehabilitation, expansion or improvement of dwelling\nunits other than dwelling units in a hotel.\n 14. "Restricted activity" means any entertainment activity that the\ndepartment has identified in rules promulgated pursuant to a local law\nenacted pursuant to this title as an activity which, in the public\ninterest, should not be encouraged through the benefits of this title.\n 15. "Retail purposes" means any activity that consists predominately\nof (a) the final sale of tangib
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