RIT to get state's first private college tax-free zone

Stefanie Botelho's picture
Friday, April 11, 2014

The Rochester Institute of Technology is expected to win approval Thursday from the state to have two areas designated as tax-free zones under New York's new initiative.

RIT would be the first private college in the state to have a plan approved to market parts of its campus as tax free as part of Gov. Andrew Cuomo's Start-Up NY program.

The college's plan is set for approval by the Start-UP NY Approval Board.

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