Economy

Amazon reconsiders building new headquarters in New York City: WaPo

Amazon reconsiders building new headquarters in New York City: WaPo

Amazon is reconsidering its plans for a 25,000-employee campus in Long Island City, Queens, according to the Washington Post, which cited two unnamed officials.

Local industry leaders responded to the news report by urging elected officials and New York City to back Amazon's plan. However, according to a new report released Friday, Amazon is reconsidering its choice in ny.

"It is irresponsible to allow political opposition to overcome sound government policy", he said. "If they stop Amazon from coming to NY, they're going to have the people of NY to explain it to", he said on Friday, according to Capital Tonight reporter Nick Reisman.

At the outset of its search a year ago, Amazon said it was looking for a business-friendly environment. This will include a refundable tax credit, through the state's Excelsior Program, of up to $1.2 billion over the next 10 years.

Unlike in Virginia, where elected leaders quickly passed an incentive package for a separate headquarters campus, and Tennessee, which has embraced plans for a smaller facility, final approval from NY state is not expected until 2020. One point of contention could be Amazon's opposition to labor unions.

A vocal critic, state senator Michael Gianaris, was this week appointed to a state board on which he would have veto power over the project.

Van Bramer said he would be glad to see Amazon go. Much of the effort by local activists is aimed at preventing the passage of the incentive package. According to The Post, Amazon has yet to sign a lease for office space or lock itself into anything legally binding it to its commitment to put HQ2 in New York City.

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Amazon also said it would build a new operations center in Nashville, Tenn., that will create more than 5,000 jobs. The Retail, Wholesale, and Department Store Union and the Teamsters are against the project, while the Building and Construction Trades Council that would build the HQ2 facility, and the SEIU local 32BJ that would staff the building for security and custodial work, have come out in favor. Rep. Alexandria Ocasio-Cortez, whose district spans parts of Queens and the Bronx, has also criticized Amazon. "When we don't consult with those communities, we absolutely need to reconsider those deals and that process". But it's not for nothing that Amazon wants to be in NY.

In mid-November, Amazon made official the disappointing news Chicago had known for a week.

After Cuomo's remarks Friday, a spokesman for Stewart-Cousins said it was "unfortunate that the governor is trying to divide the Democratic Party at this crucial and historic time".

Bill Montana was schmoozing with real estate brokers Thursday at an industry event in NY, talking about the biggest deal in years: Amazon.com Inc.'s decision to build a major campus in Queens.

And while city lawmakers have spoken out against the deal, Mayor de Blasio doesn't believe they are completely opposed to the possibility of thousands of new jobs in the area.

"I think it's a great idea", said Lorrie Tripp of Southington.

The fact that there has been no procurement of office space and no approval of the promised incentives would make a withdrawal of the NY option relatively easy.