> Long Island City is a mixed-use community where arts and industry intersect It's mostly empty warehouses, housing projects, and luxury condos. There's very little in terms of culture or even basic needs, like grocery stores. > Long Island City has some of the best transit access in New York City, with 8 subway lines, 13 bus lines, commuter rail, a bike-sharing service, and ferries serving the area Realistically it'…
It's the 7, G, E, M, R, N, and W. Queens and Queensboro Plazas are only a couple blocks from the Citi building. I agree though - this happening during the L train shutdown will absolutely nuke the G. The E and 7 are already at capacity. The M and R have a good bit of room, though. As for the N and W, they also still have a good bit of capacity, it's just a shame, because rents in Astoria were just starting to go down…
Amazon Selects New York City and Northern Virginia for New Headquarters
121–130 of 279 posts
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#122Earlier quoted context omitted.
>You say gentrification like its a pejorative term. I mean, it kind of is. It not only refers to 'improvements' but also the displacement of anyone below the middle class as a result of those improvements.
Displacement is a fact of life. Nobody is entitled to live in a certain area for a certain amount of money. What ever happened to living within your means?
You mean like they were before the area became gentrified? It's not an intrinsic property of neighborhoods to become gentrified - it's an external process forced upon a populace by governments and corporations and landlords
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#123As a New Yorker, I am super disappointed that they chose Long Island City. There were contenders where this stimulus could have been a paradigm shift. Instead, it's just a drop in the bucket for a city that is already growing recklessly. My vote was for Newark, personally. Plenty of office space; access to NJIT, Rutgers, and Princeton; and good public transit that connects directly into NYC. Bezos and co. could have…
Newark would be a painful commute for anyone wanting to live in the boroughs, LI, or Westchester/CT, i.e. a ton of people. I do hope NYC deals with its growing pains -- I finally left last year, in part because of rising costs and aggravation.
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#124Wouldn't you call two new offices that are smaller than the headquarters "satellite offices"? It really does feel like Amazon successfully played a lot of municipalities against each other to try and extract the biggest concessions, knowing all along that it didn't make sense to try and hire 50000 people in a decade in any one location. I know that's how the game is played, but it's still feels a little disingenuous.
> Wouldn't you call two new offices that are smaller than the headquarters "satellite offices"? Not quite. Amazon has satellite offices, that employ an order of magnitude fewer employees. At 25k/branch, the term "regional headquarters" can be considered justified. They did game the system though. Feels like they negotiated tax benefits with 50k employees in mind, and kept the same benefits while only giving locations…
Those fin-tech companies almost certainly pay more than Amazon already. IIRC amazon has a cap of 275k for base pay, which means even if you're James Gosling that's the most you're getting, the rest has to come from RSUs which amazon also has a terrible vesting structure for. Amazon is regarded as a top-tier tech company, but their pay is not on par with any of the other companies (Google, FB, Uber, etc).
More tech presence is good, but I don't think big name companies are going to be too worried about their employees leaving to get paid less and have fewer benefits.
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#125Earlier quoted context omitted.
If the subsidies are per job, is that a problem? Pay half as much for half as many jobs - seems reasonable to me. Doesn't seem like "false pretenses" in a way that materially affects the deal.
It might be nice if the subsidies were granted “per job”, but it seems as though they weren’t. Also, it’s not yet public what these cities promised, but how do you “half build” new transit infrastructure and such?
If you go to Bob's widget factory and place an order for 50,000 widgets, you'll likely get a different per widget price than if you place an order for 25,000 widgets.
If you say at first that you want 50,000 and Bob starts making preparations for that many, then at the last minute you say "Nah, I only want 25,000", Bob is rightfully going to be pissed and you're going to pay a higher per-widget price if your order isn't cancelled altogether.
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#126This entire competition was an obvious sham to try to equivocate really desperate cities willing to give basically anything to have a major tech company headquarters, to the inevitable choice amazon was going to make of california or the coastal northeast, so they could extract maximum concessions. Its disgusting this worked as well as it did, $48k/job in tax concessions from NYC and $22k/job from VA, expect to see a…
What do you mean by "hurting local businesses"? Wouldn't more highly paid workers in the area be good for local businesses?
If you give so much away, the tax benefits cease existing.
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#127Earlier quoted context omitted.
Moving is a substantial expense. Should people be forced to consider the likelihood that housing costs that are currently within their means might rise outside of them at some unknown point in the future, and to some unknown degree, when choosing housing? How exactly should that be considered? It seems regressive, socially, to force this consideration on the people least able to afford it. After all, people who "choo…
...Yes? This has been happening for hundreds of years. Part of being a responsible adult is managing your finances and being prepared. It is crazy to me that so much attention these days is basically advocating for the babysitting of adults. It is not as if this will happen overnight, either. If we allow people to stay in subsidized housing we remove the biggest carrot for self-motivation.
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#128Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#129Earlier quoted context omitted.
What do you mean by "hurting local businesses"? Wouldn't more highly paid workers in the area be good for local businesses?
I was similarly confused by this...its not like its a Walmart superstore undurcutting the local mom-n-pop shop. That said, perhaps the fear is "over-cutting" -- that HQ2 slurps up top talent from local tech businesses and overbids salaries. I can totally see that happening, especially with the only-handful of truly high-tech businesses in the Northern Virginia community. This is a bad thing short term and a good thin…
Re: Amazon Selects New York City and Northern Virginia for New Headquarters
#130Earlier quoted context omitted.
How is gentrification negative?
Drives up rent. Breaks up existing, stable (if often impoverished) communities. Increased, concentrated development can have a negative environmental impact.
https://www.citylab.com/life/2012/04/why-bigger-cities-are-g...