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Website lists sites of potential tax-free zones

Rochester Business Journal
October 29, 2013

Three locations in center city Rochester, along with the Science Technology Advanced Manufacturing Park in Genesee County, are among 10 sites in the Rochester area listed on a state website as potential tax-free zones for startup businesses.

The Rochester locations include 150,000 square feet of space on five floors at the Eastman Kodak Co. headquarters site on State Street, which Monroe Community College has targeted as the future home of its downtown campus.

That space is available Jan. 1, the website www.startup-ny.com states.

Some 5,400 square feet at the SUNY College at Brockport’s MetroCenter at 55 St. Paul St. is listed, as is 39,000 square feet at 305 Andrews St., the former home of SUNY Brockport’s Rochester Educational Opportunity Center.

Three other parcels linked to SUNY Brockport are listed. They are a 3.6-acre parcel of undeveloped land on Fourth Section Road in the town of Sweden, 32,000 square feet at Morgan Hall to be available in 2015 and 200 acres of undeveloped land west of the Brockport campus.

The Genesee County Economic Development Council is securing funds to buy the STAMP property, and is funding its water, sewer and electrical infrastructure.
 
The first phase of work is scheduled for completion in 2016. The property will be zoned industrial to support nanotechnology.

Shovel-ready land also is available near the Genesee Community College campus in Batavia, the website states.

The Newark, Wayne County, campus of Finger Lakes Community College—a former facility of Sarah Coventry—and 50,000 square feet at the Dansville campus of Genesee Community College are included.

Another four locations in the Finger Lakes region are available in Seneca County, the website states.

Start-Up New York was introduced as Tax-Free New York in May by Gov. Andrew Cuomo to draw businesses to land adjoining SUNY campuses and exempt them from sales, property and business-corporate taxes for as many as 10 years.

The program was jiggered a month later and re-introduced as Start-Up New York, with broader eligibility for state colleges and universities, and caps on the amount of tax-free personal income.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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