STATE INCENTIVES

New York Data Center Incentives

Summary12 Data Sources

What datacenter incentives does New York offer?

New York offers: Sales tax exemption for data centers + access to financial markets. Sales tax exemption: Yes. Property tax abatement: PILOT programs available upstate. Corporate income tax: 7.25% corporate. Estimated savings vs national average: 5-10% on equipment (upstate much cheaper).

Key Data Points

  • Sales Tax Exemption: Yes
  • Property Tax: PILOT programs available upstate
  • Corporate Income Tax: 7.25% corporate
  • Estimated Savings: 5-10% on equipment (upstate much cheaper)
  • Special Programs: Excelsior Jobs Program, Data Center Tax Incentive, START-UP NY

Incentive Summary

Sales Tax Exemption

Yes

Property Tax

PILOT programs available upstate

Corporate Income Tax

7.25% corporate

Est. Savings

5-10% on equipment (upstate much cheaper)

Special Programs

Excelsior Jobs Program

Data Center Tax Incentive

START-UP NY

Key Considerations

Very high costs in NYC area
Regulatory complexity
High energy costs downstate

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