First, I think that Target and Walmart will both do well and survive at their locations. Actually, I think that Target will be a good fit at that location, since it was big box already.
Second, since the plex is involved, it will be interesting to see if Gillen gave away the farm, in the way of tax exemptions,, to this nationally successful big box business. Hopefully, Target chose this location based on their market research and not on lucrative tax incentives. And hopefully Target isn't getting the 10 year tax exemption, cause if they do, they will be gone in 10 years with no benefit to the Glenville taxpayers.
I'm all for tax incentives, but these tax incentives should be in the way of NYS lowering their business tax and fees, not by having the residents shoulder the entire cost through their property taxes. |