101–110 of 229 posts
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For some quality of life means being able to get a drink at 3AM. For others - house with a backyard.
You can literally have a house with a backyard and a less than 1 hour commute from Manhattan.
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Whoa. Bezos indeed has homes in NYC and Washington DC. (As well as Seattle, Beverly Hills, and a ranch in Texas. [1]) I can't find it now, but years ago The Economist ran an article about a study that said a key factor in corporate headquarter moves was where the CEO lives. Disappointing to see it play out like that on such a grand scale, and after such a pretense of a nationwide search. Yet another thing that convin…
Doubt it was a factor with Bezos. The guy is rich enough to live anywhere, and has houses everywhere, as you also observed. Somehow the office didn't land in Beverly Hills or the Texas ranch. I expect the fact that he already has homes in NYC and DC is related to the fact they are in fact important locations for his business.
http://gothamist.com/2018/11/12/amazon_cuomo_city_council.ph...
As if it needed to be said, there are other cities that would be a lot more receptive, and would benefit a lot more. Even just over the river in New Jersey would be an improvement. Just go there.
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NYC has a lot of developers, more than the valley. It's already a 'draw' of sorts, this is an advantage. "DC, access to policymakers - but I see no real strategic advantages here." Amazon is going to become the #1 IT vendor of choice for the biggest government of the world AND reach their tentacles deep into the political arena for all sorts of other benefits. Military, FBI, CIA, Gov, Fannie/Freddie. All huge . Also…
Amazon is the new IBM
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Obviously Amazon was going to get a great bargain and bunch of info to boot - they have massive bargaining power. Not participating in the bid would have been suicide for the politicians of any major city save perhaps Kreuzberg, Berlin [1]. The amount of wealth creation and subsequent tax payments/land value boost that any FAANG company would bring with a new HQ is way too big to be ignored. [1] https://www.theguardi…
> they have massive bargaining power Wouldn't call it "massive" in NYC. The office size is projected to employ 25,000 people in total. Nice number, but not "massive" for a city of 8,623,000 people.
Not to mention the knock-on effects of the many jobs the HQ will indirectly create - cleaning, food prep, waste mgmt, facilities, security, transportation, etc.
But yes, I agree that NYC is probably the city with the highest bargaining power in the US due to its size and economic diversification. And yet they still submitted a bid, even while Mayor de Blasio was badmouthing the company [1]
It will be interesting to see what the incentive package was - that's when we'll know just how much Amazon profited from the whole bid/selection process.
[1] https://www.businessinsider.com/bill-de-blasio-amazon-hq2-de...
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So does the state of New York.
New York doesn’t put Michelin star restaurants in strip malls.
Not all starred chefs are about chasing the high rent look or fine dining aesthetic. You don't have to be 11MP to get a star, or even three. Ko has two and is down an alley!
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…
NYC has a lot of developers, more than the valley. It's already a 'draw' of sorts, this is an advantage. "DC, access to policymakers - but I see no real strategic advantages here." Amazon is going to become the #1 IT vendor of choice for the biggest government of the world AND reach their tentacles deep into the political arena for all sorts of other benefits. Military, FBI, CIA, Gov, Fannie/Freddie. All huge . Also…
So about 50% more in the Bay.
https://www.quora.com/How-many-software-engineers-work-in-Si...
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…
New York is literally the greatest city in the history of world civilization and the planetary capital of finance, media, business, fashion and culture. It’s easily the largest city in the country, and iconic globally. But you’re finding it hard to understand why people might want to live here? I’d post more but my New York life is veritable cornucopia of novel and enriching experiences and I’d better get back to it.…
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…
New York is literally the greatest city in the history of world civilization and the planetary capital of finance, media, business, fashion and culture. It’s easily the largest city in the country, and iconic globally. But you’re finding it hard to understand why people might want to live here? I’d post more but my New York life is veritable cornucopia of novel and enriching experiences and I’d better get back to it.…