PARC is home to a two-square-mile Empire Zone (EZ). EZs are among the State of New York's most powerful economic development tools. Businesses that expand or relocate to PARC's EZ are eligible for attractive financial incentives including wage and investment tax credits, utility rate reductions, income and real property tax credits, state sales tax exemptions, and low-costloans.  Details about the EZ program plus information about tax reduction initiatives and other efforts to ease the cost of expanding or relocating in New York State are available at the Empire State Development Corp. link directly below.