Amazon cancels New York City headquarters plan, ends search

Amazon cancels New York City headquarters plan, ends search

The campus, the expected sister site to one still planned for Northern Virginia, was to be built in Long Island City, Queens.

"Amazon is a billion-dollar company", Alexandria Ocasio-Cortez, a US Democratic representative from NY, tweeted after Amazon initially made the announcement about the new headquarters. There will now be no HQ2 location in the Big Apple. "It shows that everyday Americans still have the power to organize and fight for their communities and they can have more say in this country than richest man in the world".

When Amazon announced its selection of the winning cities, it said part of the reason was that the Washington, D.C., and New York City areas stood the best chance of attracting the high-tech labor force needed. "And to immediately fold your hands and walk out of the game, it's a bit of a shocker".

Amazon's announcement to come to New York City - one that followed a nationwide search involving multiple cities stating their cases for the company's presence - was met with strong opposition from local elected officials who criticized providing subsidies to one of the world's most valuable companies.

Missouri's Governor is weighing in on Amazon's decision to drop a headquarters location in NY.

Governor Cuomo and Mayor de Blasio have worked tirelessly on behalf of New Yorkers to encourage local investment and job creation, and we can't speak positively enough about all their efforts.

"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", Jodi Seth, an Amazon spokeswoman, said in a statement.

Amazon.com Inc abruptly scrapped plans to build a major outpost in NY that could have created 25,000 jobs, blaming opposition from local leaders upset by the almost $3 billion in incentives promised by state and city politicians.

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The Jeff Bezos-led Amazon announced its engagement to NY (and Virginia, but we don't judge) in November, but the decision was met nearly instantly with protests from local politicians and workers' unions, which argued that the company's move to LIC would only increase the neighborhood's gentrification problem and that one of the world's most successful corporations owned by the world's richest man does not need billions of dollars in tax breaks. Instead, the e-commerce giant will move forward with existing plans in Virginia and Nashville and continue to hire across its 17 tech hubs and corporate offices in the U.S. and Canada.

"You have to be tough to make it in New York City".

Amazon ran an extensive search for a second headquarters outside of Seattle. The Arlington campus is expected to be the same size as the NY one, with 25,000 employees. When Amazon announced its decision in November 2018, it also announced that it was opening an operations center in Nashville with more than 5,000 employees. Although the company had the support of area residents, some politicians have derided Amazon, who have been critical of the project and its almost $2 billion in incentives cities agreed to provide in exchange for an estimated 25,000 well-paid jobs. Amazon said it wouldn't claim the break.

Other large cities that competed for Amazon's attention during the initial bidding process have begun publicly lobbying the company to reconsider its choice of New York City.

"I think the (Amazon) PR event turned out to be a mistake", said Jason Benowitz, senior portfolio manager at the Roosevelt Investment Group, who owns Amazon shares.

Another factor to consider was opposition from political leaders that Amazon notes.

In the end Amazon made a decision to split the so-called HQ2 between Long Island City and Arlington, Virginia, and open a smaller office in Nashville.

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