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Amazon expected to announce NYC and Northern Virginia as new headquarters

wsj.com

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Re: Amazon expected to announce NYC and Northern Virginia as new headquarters

#6
I feel this choice is a mistake for the company long term, they're putting resources into two very hot housing and real estate markets, that have no real draw (in my opinion) for technical employees. Hew York is high tax (compared to Washington), unpleasant weather, overall high costs, and has a housing shortage, Washington DC, once described has having "Southern Efficiency, and Northern Charm" has similar issues of an overheated housing market, and overall high costs, given the choice of a coequal salary in Seattle, DC, or NYC, I'd pick Seattle - as much as I hate Seattle.

NYC has some advantages for access to capital markets - but Amazon seemingly has no shortage of capital, DC, access to policymakers - but I see no real strategic advantages here.

If I were picking, I would have picked Atlanta and Detroit, or two other lower cost large cities with convenient air travel to Seattle.

Re: Amazon expected to announce NYC and Northern Virginia as new headquarters

#7
post #5
post #2

WSJ was the outlet to break this story, before anyone asks why a link from a paywalled site was submitted.

Isn't this article still speculation, since nothing has been confirmed?

Word is that an official announcement is coming quite soon.
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