Amazon Rethinks NYC Headquarters in the Face of Growing Opposition

Amazon Rethinks NYC Headquarters in the Face of Growing Opposition

"If the Amazon deal falls apart, they will have nobody to blame but themselves". "Their move to Long Island City will have an incredible economic impact on the five boroughs, create tens of thousands of high-quality jobs and send a message to companies around the world that NY is the place to be". The city council scrapped the tax about a month later.

An article in the Washington Post suggests Amazon is growing impatient with pushback from certain public officials and could pull the plug on the deal to put its next headquarters in Queens.

"New Yorkers will get tens of thousands of new, good-paying jobs, and Amazon will get the best talent in the world", de Blasio said. "The idea that we need to subsidize them in any way blows our mind".

Detractors-including including US Rep. Alexandria Ocasio-Cortez, who represents a nearby district in Queens and the Bronx-have pointed to the potential neighborhood disruption, strains on an already congested public transit system, and rising rent and property prices that could push out existing residents from nearby neighborhoods.

"The report is probably just a trial balloon being floated to scare people in ny to fall into line", said Tom Stringer, who works on corporate relocations as a managing director at BDO Consulting. Amazon must decide soon, however, as it needs to start hiring the 25,000 employees for the Manhattan-adjacent campus if it wants to stick with its scheduled timeline. "I think anyone who's middle class is not going to be able to live in Long Island City much longer", Westin says. "If their view is 'we're going to extort NY or we're going to leave, ' then they should leave". The HQ2 project has actually split the city's labor movement. Local union leaders have repeatedly claimed the online retail giant is "anti-worker" and "anti-union" and called conditions in Amazon factories around the county "deplorable". But the only South Side site to which the Amazon team returned for multiple site visits was the South Loop mega-site known as "the 78".

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Amazon can see its grasp on $2.808 billion in subsidies slipping away.

"And that's what could stop Amazon", he said at an unrelated event on Long Island. Michael Gianaris, a vocal Amazon critic, to a state board where he might nix the deal. While he has yet to be confirmed, his position on the board would allow him to scrap Amazon's HQ2 deal.

One reason for the big difference in whether Amazon is welcomed or not lies in the nature of the locations where the new headquarters would be. This week, Virginia officials passed an incentive package that includes up to $750 million in state subsidies for the proposed National Landing campus. Officials this week approved $15.2 million in infrastructure improvements related to the project. "Because it is so ironic for Amazon, after they spent one year with everyone seducing them, and everyone courting them, we win and then there's political opposition".

Cuomo complained that the new federal tax code that caps state and local tax deductions (SALT) on wealthy New Yorkers has triggered a drop in state tax revenues.

Another criticism of the planned headquarters is that Amazon will be given many tax breaks to move in, which seems unfair considering the company is one of the wealthiest organizations on the planet.

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