Community Corner

News Nearby: St. James Attorney Arrested for Alleged International Fraud

A look at the top headlines from the surrounding area.

Farmers Market Coming to Hauppauge
Teachers Federal Credit Union will host a farmers market at its Hauppauge headquarters, at 102 Motor Parkway, starting June 6. 

Partnering with the Long Island Growers Market, TFCU will host about 15 vendors offering locally grown produce, baked goods, james and jellies, freshly made crepes, yogurt, seafood and more.

St. James Attorney Arrested for Alleged International Fraud
A St. James attorney was arrested by federal agents for allegedly taking money from international companies for false advertising services.

Marijan Cvjeticanin, 49,  is charged with one count of mail fraud. He was arrested by U.S. U.S. Immigration and Customs Enforcement’s Homeland Security Investigations and U.S. Department of State Diplomatic Security Service at his home on Wednesday morning.

Smithtown to Contribute $1M Towards Sewers in Kings Park Downtown
A plan to extend county sewer service to Kings Park's downtown commercial district received its first financial backing from Smithtown town officials.
 
"It’s tying us into the existing sewer treatment," said Kings Park Chamber of Commerce President Anthony Tanzi. "It can only be beneficial to economy and the environment for Kings Park."

Cuomo Unveils Tax Break Plan for Businesses Around SUNY Campuses
An initiative announced last week by Gov. Andrew Cuomo may give a ten-year tax break to new businesses that open on or in close proximity to SUNY campuses.

Under the potential program, known as "Tax-Free NY," such a business would be exempt from sales tax, property taxes, and business and corporate taxes for ten years. Cuomo said eligible businesses are those with a relationship to the university's academic mission; businesses that create new jobs or expand operations while maintaining existing jobs; and out-of-state businesses that relocate to New York. Employees of businesses that take advantage of the Tax-Free New York program would not have to pay income tax.

According to the Tax-Free NY website, not only would the Tax-Free New York program apply to businesses located on campuses, but also it would apply to business located within the range of 200,000 square feet adjacent to campuses. Cuomo said the initiative is especially critical in upstate New York, but will apply to all SUNY campuses in New York. It requires legislative action to be adopted.


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