Gov. Andrew Cuomo recently announced the "second wave" of businesses that will either expand or locate in New York as a result of the SUNY Tax-free Areas to Revitalize and Transform Upstate NY (START-UP NY) program. The START-UP NY program creates tax free communities (no sales, property, or business/corporate taxes, nor employee income taxes) for businesses partnered with eligible institutions of higher education in New York. In this wave, five businesses will expand or locate in Binghamton and eight will do the same in Western New York in these academic affiliated tax free areas. The businesses are projected by the governor’s office to invest $2.4 million and $9.9 million respectively. To read more on the announcement, click here and here.