Amazon Cancels HQ2 Plans in New York City

4,864 Views | 40 Replies | Last: 5 yr ago by Forest Bueller
Osodecentx
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Amazon listened to NY. Wow indeed (see last sentence)

Amazon Cancels HQ2 Plans in New York City

Amazon will move forward with plans in Virginia and Nashville and will hire at other tech hubs

Amazon.com Inc. is abandoning its plans to build a new headquarters in New York City after the company faced stiff resistance from some local politicians who objected to giving one of the world's most valuable companies billions of dollars in tax incentives.
The company said in a blog post Thursday that its commitment to a new headquarters required supportive elected officials and collaboration.

"While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City," the company said.
The decision to abandon its new headquarters in Long Island City marks a stunning reversal. Amazon spent a year conducting a public search for a second headquarters, in which hundreds of locations vied for a shot at a promised 50,000 jobs and $5 billion in investment.
In November, Amazon decided to split the campus between Virginia and New York, partly to ensure it could recruit enough tech talent.
Amazon said it won't reopen its headquarters search. It will continue to add jobs at its other headquarters location in Northern Virginia, as well as offices in Nashville and other tech hubs around the country, the company said.
Amazon has faced criticism from some local officials, who questioned granting the company $3 billion in state and city tax incentives.
Cracks in the process appeared last week as Amazon executives started re-evaluating the planned campus in New York City. Discussions with Amazon had led some government officials to worry the company might abandon its plans to create 25,000 jobs and invest $2.5 billion in New York's Long Island City neighborhood.

Of particular concern to some inside Amazon was last week's nomination of New York state Sen. Mike Gianaris, a vocal opponent of the deal, to a state board that would have allowed him to veto the development plan, people familiar with the matter have said. Mr. Gianaris needs to be approved for the post by Gov. Andrew Cuomo.
"Wow," Mr. Gianaris said immediately after the news broke.
RD2WINAGNBEAR86
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A great victory for Alexandria Ocasio Cortez. Sure don't have to worry about those huge corporate tax breaks for Amazon now. LOL!!!!

Good for Amazon. If the city of New York doesn't want you, find one that does.
"Never underestimate Joe's ability to **** things up!"

-- Barack Obama
J.R.
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We (Texas) needs to be all over this!!
PartyBear
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It would be nice if McLennan County was all over this.
BaylorBJM
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J.R. said:

We (Texas) needs to be all over this!!
Too late. They very quietly just signed another building in Austin earlier this month.

This will now give Austin the second largest Amazon employee prescence in the world.
Jack and DP
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RD2WINAGNBEAR86
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Man, she is as dumb as a stump. She just doesn't get it. Praise Jesus she is the future of the Democratic Party.
"Never underestimate Joe's ability to **** things up!"

-- Barack Obama
Osodecentx
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RD2WINAGNBEAR86 said:

Man, she is as dumb as a stump. She just doesn't get it. Praise Jesus she is the future of the Democratic Party.
She is the future of the Dems
Iron Claw
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I just read a story about the coming crash of the Queens real estate market. Speculators and developers had already come in to snatch up land to build homes and condos. People were submitting offers by texts on existing properties, sight unseen. AOC should be extremely proud that these rich people will get screwed. Not sure if any of these properties had actually changed hands. There was much speculation and anticipation that lots of retail and restaurant development was in store for the area. Not anymore!
FKA tri it
cinque
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North Texas is quietly negotiating to secure the second HQ. Should the bid be successful, it will be a mixed bag given the expected spike in housing and overall cost of living.
Make Racism Wrong Again
Mitch Blood Green
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New York may be on to something. I love Amazon but they have to be a good corporate citizen.

http://fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/
william
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STC .....

- BUmma

... actually dumber than a fence post.

D!
Keyser Soze
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First Porzingis - now Amazon!
GoldenBear007
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cinque said:

North Texas is quietly negotiating to secure the second HQ. Should the bid be successful, it will be a mixed bag given the expected spike in housing and overall cost of living.

Really hoping they don't come to Dallas
cinque
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GoldenBear007 said:

cinque said:

North Texas is quietly negotiating to secure the second HQ. Should the bid be successful, it will be a mixed bag given the expected spike in housing and overall cost of living.

Really hoping they don't come to Dallas
Reports are Bezos will split the baby between Dallas and Austin.
Make Racism Wrong Again
Keyser Soze
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Really hits the nail on the head
Mitch Blood Green
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cinque said:

GoldenBear007 said:

cinque said:

North Texas is quietly negotiating to secure the second HQ. Should the bid be successful, it will be a mixed bag given the expected spike in housing and overall cost of living.

Really hoping they don't come to Dallas
Reports are Bezos will split the baby between Dallas and Austin.


Better be careful. When people make you beg, they turn you into a beggar.

Apple quietly went to Austin.
syme
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Knuckleheads, there's no need to worry about losing out on 25k jobs and making your state undesirable for businesses. The New Green Deal clearly states we will have unlimited, federally guaranteed jobs with paid vacations and retirement security!
Golem
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Jack and DP said:


This is fully crazy. 100% of nothing is nothing.
Mitch Blood Green
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GolemIII said:

Jack and DP said:


This is fully crazy. 100% of nothing is nothing.


She doesn't know how to properly define winning.
BaylorOkie
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Now that's funny.

BaylorBJM
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BaylorOkie said:

Now that's funny.


That woman is nuts.
ValhallaBear
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Osodecentx said:

RD2WINAGNBEAR86 said:

Man, she is as dumb as a stump. She just doesn't get it. Praise Jesus she is the future of the Democratic Party.
She is the future of the Dems
Future my ass

That is the democrat party right now
ATL Bear
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Nearly a $Billion in annual wages and another $Billion+ in facility and plant investment has a hell of an impact to a local economy regardless of the tax breaks given on something that you're not getting any taxes from currently. That doesn't even count the local businesses that benefit from selling goods/services into an entity of that size.
Doc Holliday
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ValhallaBear said:

Osodecentx said:

RD2WINAGNBEAR86 said:

Man, she is as dumb as a stump. She just doesn't get it. Praise Jesus she is the future of the Democratic Party.
She is the future of the Dems
Future my ass

That is the democrat party right now

Keyser Soze
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J.R.
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GoldenBear007 said:

cinque said:

North Texas is quietly negotiating to secure the second HQ. Should the bid be successful, it will be a mixed bag given the expected spike in housing and overall cost of living.

Really hoping they don't come to Dallas
Wut? do tell.
BaylorOkie
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william
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GolemIII said:

Jack and DP said:


This is fully crazy. 100% of nothing is nothing.
... and you gotta have somethin' if you wanna be with me.

- BP BHJ

RIP BP*.

* - the 5th Beatle.

{ sipping coffee }

{ eating coffee }

.... and, until further notice, AOC is now STC.

D!
Golem
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Let's play a game. It's called "Things AOC is Dumber Than"

Answer 1:

Keyser Soze
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Golem
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whitetrash
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Golem
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william
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GolemIII said:


BTW - that's 'city fence'.

BID.

decomposing carcass.

- UL

{ sipping coffee }
Dale?
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