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A controversial new program that will allow expanding and start-up companies to locate on or near college campuses and receive tax-free benefits for up to 10 years in New York has been the subject of debate among Empire State business owners, real estate brokers, and lawmakers.
Critics of Gov. Andrew Cuomo’s START-UP NY program say that existing businesses might suffer and that new businesses that take advantage of the program would have an unfair advantage. Supporters feel that the tax benefits of the program would entice businesses to come to New York and stay there.
