The State University of New York (SUNY) ― the largest university in the United States, with nearly 600,000 students located in 64 publicly-funded higher education institutions ― has served an important educational function for the people of New York and of the United States. But its recent “partnerships” with private businesses have been far less productive.
In the spring of 2013, New York Governor Andrew Cuomo, joined by businessmen, politicians, and top SUNY administrators, embarked upon a widely-publicized barnstorming campaign to get the state legislature to adopt a plan he called Tax-Free NY. Under its provisions, most of the SUNY campuses, portions of the City University of New York, and zones adjacent to SUNY campuses would be thrown open to private, profit-making companies that would be exempt from state and local taxes on sales, property, the income of their owners, and the income of their employees for a period of ten years. [Read more…] about How Business `Partnerships’ Flopped at America’s Largest University