SYRACUSE, N.Y. – Mayor Stephanie A. Miner issued the following statement about a proposed tax exemption for a hotel located at Destiny USA.
“I was profoundly disappointed to learn that the Onondaga County Industrial Development Agency was once again considering rich tax breaks to support a hotel located at Destiny USA.
This is yet another experiment in a failed economic strategy that enriches developers and leaves the rest of our community behind. Destiny has already received more than $700 million in tax breaks in return for the promise of, among other things, a grand hotel. It has reneged on promise after promise and repeatedly walked away from commitments.
“The people of Syracuse are tired of the false promise of trickle-down development with developers who get rich while our people struggle. We know—and have experienced enough—to demand smarter and better economic development.”