Tuesday, 20 August, 2019

Amazon Reportedly Reconsidering Its NYC Headquarters Amid Fierce Opposition

Amazon rethinks plan for New York HQ amid fierce opposition, report says Amazon reportedly reconsidering New York location amid growing resistance movement
Ginger Lawrence | 09 February, 2019, 12:27

But if it were to back out of the NY project, Amazon has plenty of options: More than a dozen other cities were in the running for HQ2.

Amazon's second headquarters may not be coming to New York City after all. Whether it's building a pipeline of local jobs through workforce training or funding computer science classes for thousands of New York City students, we are working hard to demonstrate what kind of neighbor we will be.

The newspaper on Friday said that opposition from local politicians may have caused Amazon to reconsider its deal to bring a second headquarters to Long Island City. Each city was expected to have more than 25,000 workers over time.

For his own part, Cuomo said at the time, "New York can proudly say that we have attracted one of the largest, most competitive economic development investments in USA history". It also ignited a frenzy over real estate in both cities.

The project's critics offered their own perspectives.

Conversely, state officials in Virginia, which won the other headquarters bid, and Tennessee have quickly embraced their awarded bids with incentive packages. Protestors took to the streets in Long Island City, criticizing the deal for being bad for taxpayers and the neighborhood. Michael Gianaris, a bitter critic of the deal, to the Public Authorities Control Board, which reviews and approves state-based economic development subsidies. It's had some success in the past blocking major projects.

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Could political resistance to, what critics denounce as "corporate welfare" in NY create an opening for Chicago to re-enter the Amazon sweepstakes?

"If the Amazon deal falls apart, they will have nobody to blame but themselves", he said in a statement.

He told the Guardian: "Amazon has extorted ny from the first day of this process, and this seems to be their latest effort to do that. It is irresponsible to allow political opposition to overcome sound government policy". The company said it will receive performance-based incentives of $1.525 billion from the state of NY, including an average $48,000 for each job it creates.

NY Congresswoman Alexandria Ocasio-Cortez took to Twitter Friday to comment on the reports. Danny Solis (25th) and signed off on that $7 billion South Loop development and created a new tax-increment financing district to bankroll infrastructure improvements needed to unlock the development potential of the long-dormant site at Roosevelt and Clark. "It's not over, but I'm proud of the values we fought for". "When we don't consult with those communities, we absolutely need to reconsider those deals and that process". The company has also launched an aggressive mailer campaign to Queens residents "from your new neighbors at Amazon" to counter anti-Amazon flyers distributed by Gianaris. "If Amazon's view is they'll only come here if they get $3bn of our dollars, then they shouldn't be here". "It's setting a bad precedent", Carlo Scissura, president and CEO, New York Building Congress, told CNN Business on Friday.

"We were invited to come to NY, and we want to invest in a community that wants us", he said.