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Interesting.. why Buffalo? Are they getting tax incentives? There's no mention of partnering with U of Buffalo but there is a pretty major 10 year tax break fo
by abalone 10y ago
Interesting.. why Buffalo? Are they getting tax incentives?
There's no mention of partnering with U of Buffalo but there is a pretty major 10 year tax break for tech companies that do.[1]
[1] https://startup.ny.gov/Business-Growth https://startup.ny.gov/Business-Growth
- adammunich 10y agoFormer Buffalo native here. Short answer: yes. The city is in dire need of new economic activity.
- spqr0a1 10y agoThey are getting $750 million of incentives. https://en.wikipedia.org/wiki/Buffalo_Billion#Government_investigations https://en.wikipedia.org/wiki/Buffalo_Billion#Government_inv... The project awarding the incentive is under state and federal investigations and at least one key official (Alain Kaloyeros) involved has been suspended without pay.