These case studies document the economic benefits of a handful of the first rehabilitation projects to utilize the New York State Historic Tax Credit programs. The Preservation Economic Impact Model (PEIM) created for the National Park Service by the Center for Urban Policy and Research at Rutgers University was used to forecast the total economic effects of rehabilitation of commercial historic buildings. PEIM employs a multiplier methodology that calculates job creation, employee wages, and state and local tax benefits generated from a rehabilitation investment based on key project characteristics such as location, total development cost, and type of project.