It would hire residents and donate profits for other projects.
The new businesses in Harlem, meanwhile, are hiring local residents, but mostly for low-end jobs.
Other nearby residents have complained that the property developer has not hired enough local residents.
Ms. Dennett argued that increasingly, managed care plans were using teaching hospitals and hiring residents.
"We will be hiring displaced residents and giving work to those companies and individuals in the area that need a job."
Under the program, 118 businesses are allowed to reduce sales taxes to 3 percent from 6 percent in exchange for hiring local residents.
The idea is to offer local companies the opportunity to hire local residents with skills that the employers have a hard time finding elsewhere.
He hired local residents to tap the maple trees on his property and sold the sugar for a substantial profit.
The network would have received tax credits for hiring local residents.
The airline said the move was designed to cut costs by hiring local residents.