Those for it say it has little resemblance to Destiny USA other than the length of the tax break. But those in opposition disagree strongly.
Months of debate about Syracuse's development strategy and negotiations culminated Monday with the city granting just its second-ever 30-year property tax exemption.
The recipient is a developer who will build a mixed-use off-campus bookstore and fitness center for Syracuse University. The property in question is a long sliver of land currently owned by the nonprofit university, so it's not taxable.
Syracuse appears ready to give out its second 30-year tax exemption after months of debate. The decision comes at a time when many in the city are skeptical of public backing for development.
The Common Council has called a special session for later today to vote on the property tax exemption for a developer planning to build a Syracuse University bookstore and fitness center in the University Hill neighborhood.