Jeffrey Lee

Jeffrey Lee


An expert in economic development strategy and commercial tax incentives, Jeff provides insights and strategy to innovative companies across a variety of sectors.


Jeffrey Lee is a Principal at Capalino, where he provides strategic guidance to start ups, growth stage, and established companies looking to enter a new market or grow their operations. His expertise in economic development initiatives and tax incentives is valuable to companies looking to identify and unlock growth opportunities and navigate the challenges of a complex and rapidly changing business landscape.

Prior to joining Capalino, Jeff worked at NYCEDC, overseeing the New York City Industrial Development program, where he deployed millions of dollars of economic development tax incentives to assist catalytic, job-generating projects in the industrial, maritime, healthcare, and nonprofit sectors. Jeff also obtained NYCEDC’s first award of New Markets Tax Credit allocation and directed that allocation to catalytic community development projects citywide. Prior to his public sector tenure, Jeff practiced real estate law, representing affordable housing lenders and community development organizations on high-impact local development projects.

Jeff currently serves on the Advisory Council for CUNY Startups and the boards of Billion Oyster Project, Southwest Brooklyn Industrial Development Corporation and Terreform One. A native New Yorker with roots in the Latinx and Asian communities, Jeff is a proud child/grandchild of immigrants from China and Colombia. He lives in Brooklyn with his partner and two children.

Posts By Jeffrey Lee

2021 and the Post-Pandemic Urban Economy

Turning the Lights Back on for Broadway and Other Event Venues: The Shuttered Venue Operators Grants Program

Turning the Lights Back on for Broadway and Other Event Venues: The Shuttered Venue Operators Grant Program

Capalino Tax Incentives + Economic Development

Seizing Opportunity in an Economic Downturn: How Tax Incentives Can Help Businesses Grow


Treasury Issues Proposed Guidance on Opportunity Zone Program: What This Means for Your Project


Opportunity Zones Program: New Financing Opportunities for NYC Projects


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