Is there a press release or any statement from Amazon about this? Paywalled here (and would prefer a direct source anyway).
This particular article is very short and pretty much the headline.
Amazon Pulls Out of Planned New York City Campus
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Re: Amazon Pulls Out of Planned New York City Campus
#32Google didn't need any dog and pony show or significant forms of corporate welfare (that we know of) to announce a doubling of their presence in New York. https://www.washingtonpost.com/technology/2018/12/17/google-...
Doubling their office there still pales in comparison to the headcount projected for LIC. 7K max vs. 25k targeted for Amazon.
Amazon already has a presence in NYC.
Re: Amazon Pulls Out of Planned New York City Campus
#33So massive amounts of corporate welfare and blatant handouts aren't enough? AFTER doing that, we're also supposed to play nice and continue to say good things about the most massive, powerful corporation in the world or else they will just take their ball and go home?
This whole thing is beyond stupid, no aspect of this model works for anyone. Just stop.
Re: Amazon Pulls Out of Planned New York City Campus
#34Of all the places, why did NYC offer Amazon subsidies? NYC actually has too many good jobs for the amount of space... I am also proud of my cantankerous fellow New Yorkers who fought this.
You won!
Re: Amazon Pulls Out of Planned New York City Campus
#35Not going to miss them. Local governments giving huge tax breaks in exchange for stadiums, businesses relocating never works out.
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Re: Amazon Pulls Out of Planned New York City Campus
#361. $3B in "incentives" sounds like a lot, but would this have been a good investment? i.e. would the city and State have gotten a reasonable return in the long run?
2. New York already has a lot to offer in terms of labor market, real estate for employees, and access to capital markets. Did Amazon really need incentives to want to be in NYC?
3. No huge loss for either party. NYC doesn't need Amazon, and Amazon can make the little people dance for them somewhere else.
Re: Amazon Pulls Out of Planned New York City Campus
#37So is this a boon for Northern Virginia or will something similar happen there?
This is the first time I’m seeing Nashville mentioned, so I wonder if they’ll benefit somehow from this.
Re: Amazon Pulls Out of Planned New York City Campus
#38Good riddance! NYC is already overcrowded. Let's build some subways to non-hipster neighborhoods first, then we can talk about adding more office space.
Re: Amazon Pulls Out of Planned New York City Campus
#39This could be an interesting development for the DC metro area.
>We do not intend to re-open the HQ2 search at this time. We will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada.
Re: Amazon Pulls Out of Planned New York City Campus
#40A shame. As an employee of a Big N company in NYC, this would have provided upward pressure on my salary (even if personally I wouldn't want to go work for Amazon). But I didn't like the big tax breaks, and as a taxpayer of the city I'm glad my money won't go towards subsidizing the expansion of one of the world's most valuable companies. It's too bad Amazon wasn't willing to pay their fair share.
Amazon is already in NYC and Newark though!