Earlier quoted context omitted.
Another fare and another point of failure in what is probably already a long commute? Sounds unappealing. LIC will never become a second Midtown because its transport connections are so poor.
> because its transport connections are so poor. In what sense? I used to work in LIC and it was pretty easy to get to. Lots of lines go though Queensboro Plaza.
Amazon Pulls Out of Planned New York City Campus
761–770 of 1001 posts
Re: Amazon Pulls Out of Planned New York City Campus
#762Earlier quoted context omitted.
Seattle has a housing crisis because it has large amounts of the city with extremely restrictive residential zoning and refuses to compromise. They have large areas where multi-tenancy housing can't exists. Additionally, in the US everyone believes housing is not a depreciating asset. There is a reason Tokyo is the largest city in the world while being significantly cheaper to live in then similar cities.
Of course. This is true of New York as well, especially outside of Manhattan. I, too, would prefer a regulatory environment that allows for denser construction. None of that changes the fact that the regulatory environment is what it is, and as a practical matter it limits the extent to which people are able to move to either city to work for Amazon.
Re: Amazon Pulls Out of Planned New York City Campus
#763Earlier quoted context omitted.
Look at page 7 of the RFP: https://images-na.ssl-images-amazon.com/images/G/01/Anything... A good portion of all of that is stuff Amazon could compile, but they got cities across the country to donate probably tens of thousands of hours of taxpayer salaries to do it instead. The nature of special incentives each proposal offered - custom ones for Amazon-only, or unusual ones - will also have told them which cities th…
Non-standardized data from hundreds of different cities is probably more trouble than it's worth in aggregate.
Re: Amazon Pulls Out of Planned New York City Campus
#764Earlier quoted context omitted.
Truth. I took a lower paying job in the midwest, and I can now save a lot more money, while also living a less stressful life. NYC is a really cool city and I enjoyed living there. But I "did my time". I think more and more tech workers are going to wake up to the fact that while mega-city life can be cool, it's not the only way to live.
I’m not sure why tech workers think they’re special. Almost everyone that moves to NYC for a good office job goes through this. Moving to a suburb or another city after age 35 is a stereotype. So is staying here and enjoying a DINK or single life (unless you have a lot of money!). Job-wise, the NYC tech market is as good as ever.
Re: Amazon Pulls Out of Planned New York City Campus
#765Big loser here is New York City.
Amazon will get its tax break somewhere else.
Re: Amazon Pulls Out of Planned New York City Campus
#766If Amazon had just quietly announced plans to expand to LIC without the "HQ2 Search" dog and pony show they almost certainly would still be here. Google buys entire city blocks and nobody bats an eye. Turns out that publicly shaking down cities across the US tends to draw out the opposition. More publicity = more scrutiny = more angry opponents of your business decision
The opposition is not because some high tech firm, whether it is Google or Amazon, is expanding in NYC. The opposition is because of the Massive tax breaks and other $$$ giveaways New York was going to hand over to Amazon. I don't recall Google extorting NYC for $$$ before they decided to expand....
Re: Amazon Pulls Out of Planned New York City Campus
#767Earlier quoted context omitted.
Animal cruelty is a great analogy because the people who oppose it, which are the minority, are more vocal than those who are proponents of it, which make up the majority.
Who are proponents of animal cruelty besides dog/cock fighting fans/operators? I doubt that these groups form a majority.
Re: Amazon Pulls Out of Planned New York City Campus
#768Earlier quoted context omitted.
Majority of the incentives are from Amazon’s taxes. 27B in economic activity for 3B in tax breaks for just 10 years is wayyy better than almost every other corporate deal. Better than Tesla for sure. That 3B will no longer be generated. You want a net 24B or a net 0B? New Yorkers chose 0
Except it isn’t 0. It’s far from 0! LIC’s growth is really impressive without Amazon.
Re: Amazon Pulls Out of Planned New York City Campus
#769The only person who successfully circumvented NYC politics was Mike Bloomberg, and that was solely a result of his personal charity giving over $600 million in donations to different community orgs and non-profits over the course of his mayoral tenure.
Re: Amazon Pulls Out of Planned New York City Campus
#770Earlier quoted context omitted.
> we don't need to give the largest company in the world a huge discount to do business here Looks like you do, because now we have - no discount, no business. > It's not like the economic development of NYC is dependent on Amazon Of course, losing several billions of added value and 25K jobs won't kill the economy of the size of New York. Just as shooting oneself in the foot won't kill most healthy people. But keep…
Amazon is already in New York and their own statement today says they will continue expanding those teams despite not moving forward with HQ2. No discount, still business. "There are currently over 5,000 Amazon employees in Brooklyn, Manhattan, and Staten Island, and we plan to continue growing these teams."
Not the business that was conditional on the discount.