A Tax-Free NY

By
Real Estate Agent with Shahar Management

Tax-Free NYIn May Governor Cuomo introduced a game-changing plan -- Tax-Free NY -- that would revitalize our upstate economies by transforming our university centers into magnets for new businesses, start-ups and investment.

This innovative plan is drawing statewide support from business leaders (click here to view) and local officials (click here to view).

Additionally, newspapers across the state have praised the creative plan to boost the upstate economy:

  • "Cuomo's tax-free zone can create needed jobs here," said the Rochester Democrat & Chronicle, calling it a "huge boost for upstate."
  • “Gov. Andrew Cuomo has come up with a creative and potentially game-changing partnership between the public and private sectors” to revitalize upstate New York’s ailing economy, said the New York Observer.
  • “It’s a smart plan that can bolster the economy while solving other problems and costing virtually nothing,” said The Buffalo News.
  • The Watertown Daily Times called the Governor’s Tax-Free NY plan a “winner.”
  • Newsday, “Andrew Cuomo’s tax free business plan is worth a try.”

Click here to learn more about Tax-Free NY and if you are eligible.

 

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SHAHAR MANAGEMENT

 

Debbie Walsh, GRI, CNE, CHMS, REM | Office (845) 283-3036 |

website www.viewhudsonvalleyhome.com | search for homes

If you are Buying, Selling or Relocating to the Hudson Valley area and need help from a professional REALTOR®, I would be happy to assist you! Please visit my Hudson Valley website for property searches and to sign up for free listing alerts and other information.

 

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WINNER 2015, 2016 & 2017 Hudson
Valley Five Star Real Estate Agent



Top Agent Magazine Honoree 2015 & 2016

Comments (12)

Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Debra, a very forward thinking agenda to allow tax free incentives for up to 10 years. That should get some people moving

Jun 04, 2013 04:38 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debra,

It is nice to see visionaries at work, and seeing new ways to improve the state of New York. A

Jun 04, 2013 06:46 AM
Kate Talarico
Kates Home Staging and Interior Design - Goshen, NY
RESA, Top Orange County Home Decorator & Stager

Great post Debbie!!!  I learn so much just reading your blog :-)

Jun 04, 2013 08:17 AM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Debbie, sounds like a bold plan, but then I feel that's what it takes to be successful.  I'm sure other areas will be watching the results.

Jun 04, 2013 08:30 AM
Janis Borgueta
Key Properties of the Hudson Valley - Newburgh, NY
LIC RE Salesperson

Interesting for sure. I am sure though it is not without a cost to the local citizens who still pay local taxes. The jury is out as to how it is funded. Companies that move in do use resources and that does have a cost. It may work but i am curious if it will get passed.

Jun 04, 2013 10:24 AM
Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and evening Debra

Debra my friend, it sounds like NY's Governor Cuomo has a good plan to help the State. I've been seeing a lot about it on TV here.

Have a good one

Dale in New Hampshire

Jun 04, 2013 11:49 AM
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional
Hi Debra, Well, it will be interesting to know the real details and see what companies bite on it. My guess, not many.
Jun 04, 2013 01:52 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Would love to see this bill bring out lots of folks that would not have done anything unless an incentive like this came along. Hopefully it accomplishes all that is intended.

Jun 04, 2013 08:56 PM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Debra-Reduction in taxes generally stimulate business formation and business growth. Seems like a good deal,

Jun 04, 2013 11:34 PM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Debra,

The Hudson Valley is so beautiful. I hope that this plan works and revitalizes the local economy there.

Jun 06, 2013 12:01 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Makes me think he is looking forward to running for the White House...........just saying..........

Jun 06, 2013 07:08 AM
Debbie Walsh
Shahar Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Definitely hope this bill does what it is supposed to!

Oct 10, 2013 06:06 AM