Tag Archives: York

What Amazon Didn’t Get From New York

What Amazon Didn’t Get From New YorkMy view is that local governments overuse such subsidies. Consider, by way of illustration, entitlement and discretionary spending on the federal level. Much of discretionary spending, by contrast, is research grants and procurement contracts.



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Politicians squabble over who is to blame for Amazon decision to ditch New York

Politicians squabble over who is to blame for Amazon decision to ditch New YorkPoliticians bickered Sunday over who is to blame after Amazon canceled second headquarters in New York.



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New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New York

New Jersey Makes Bid for Amazon HQ2 After Company Pulls Out of New YorkOn the first full day after Amazon scrapped its plans to open its second headquarters in Queens, New Jersey made it very clear that it wants as many of the company`s jobs as possible to be added in the Garden State.



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Gone in a New York minute: How the Amazon deal fell apart

Gone in a New York minute: How the Amazon deal fell apartNEW YORK (AP) — In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon orange.



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Amazon's New York City Deal Was Killed By a Cocktail of Hubris and Miscalculations

Amazon's New York City Deal Was Killed By a Cocktail of Hubris and MiscalculationsIt's a huge loss for Amazon



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Amazon cancels plans to build second headquarters in New York after local protests

Amazon cancels plans to build second headquarters in New York after local protestsAmazon has announced it has cancelled plans to build its second headquarter campus in New York City following protests. “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” Amazon spokesperson Jodi Seth said in a statement on Thursday. Incentivised by a $ 3bn subsidy deal with New York City, Amazon had originally planned to build a massive complex in Long Island City, Queens.



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Ocasio-Cortez takes a victory lap after Amazon scraps plans to build in New York

Ocasio-Cortez takes a victory lap after Amazon scraps plans to build in New YorkThe Democratic phenom scores a victory over the "richest man in the world."



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Amazon drops New York headquarters plan amid protests

Amazon drops New York headquarters plan amid protestsAmazon abandoned plans for a new headquarters in New York City on Thursday, blaming opposition from community leaders angry at the huge subsidies being offered to one of the world’s most successful companies. The online retail giant had promised the sprawling complex in the borough of Queens would create 25,000 jobs in exchange for nearly $ 3 billion in state and city incentives — which had riled some New Yorkers. “While polls show that 70 percent of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project,” Amazon said in a statement.



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Feeling unwelcome, Amazon ditches plans for New York hub

Feeling unwelcome, Amazon ditches plans for New York hubAmazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $ 3 billion in incentives promised by state and city politicians. Opponents of the project feared congestion and higher rents in the Long Island City neighbourhood of Queens, and objected to handing billions in incentives to a company run by Jeff Bezos, the world’s richest man. State Senator Michael Gianaris, who represents Queens and was a vocal critic of the deal, told a news conference on Thursday that the Amazon subsidies were unnecessary.



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New York Lawmakers Fuming Without Key Details on Amazon Campus

New York Lawmakers Fuming Without Key Details on Amazon Campus“Is it a done deal?” Senator John Liu, a Democrat who represents the borough’s northeast, asked Howard Zemsky, president and chief executive officer of Empire State Development, at a hearing on Tuesday in Albany. When Zemsky said finalization is pending, Liu asked him to disclose any up-front taxpayer costs to lure Amazon, one of the world’s richest companies, to Long Island City. “You have to perform, be it on jobs or the investment, before you get anything back if you’re Amazon,” said Zemsky, referring to targets the Internet retailer must hit, including those involving job creation and capital expenditures.



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