[rjsamson]

This program is largely focused on economic development in New York State outside of NYC. In NYC the program actually carries additional restrictions, while in Upstate NY it is easier for Universities to apply to designate space, and for companies be approved.

Unlike NYC, in Upstate NY rent and required salaries are lower - it's a great place to start a company (though I may be a bit biased).

[cpfohl]

Forget rent. In Upstate New York buying is cheaper than renting. There's an idea for a starting bonus: we'll give you the downpayment on your house.

[tokenrove]

Not everyone wants to buy a house in a potentially illiquid market to work somewhere, unless they're already really committed, or lack foresight.