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Amazon will open a new office in New York, less than a year after dropping plans for HQ2
CNBC ^ | 12/11/2019 | Lauren Feiner

Posted on 12/11/2019 6:48:24 PM PST by SeekAndFind

Amazon signed a deal to lease more than 335,000 square feet of space in Manhattan’s new Hudson Yards neighborhood, office realty group SL Green Realty announced Monday. The Wall Street Journal first reported the deal on Friday.

The deal comes less than a year since Amazon announced on Valentine’s Day it would halt plans to build its new headquarters in the Long Island City neighborhood of Queens, New York. Amazon and lawmakers who brokered the deal behind closed doors faced pushback from local activists and city council leaders who criticized the nearly $3 billion in performance-based incentives offered to the company in exchange for bringing 25,000 jobs to the area.

To those who opposed the exchange of tax breaks for jobs, the new Hudson Yards space is something of a victory.

“Won’t you look at that: Amazon is coming to NYC anyway - *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos, & corporate giveaways,” Rep. Alexandria Ocasio-Cortez, a New York Democrat who represents the region where Amazon planned to build its HQ2, tweeted Friday following the Journal’s report.

But the new lease will bring just a fraction of the jobs Amazon promised as part of the HQ2 deal. The company will have over 1,500 employees at the new site, according to the Journal. Amazon had made clear it would continue to grow in New York even after it pulled out of its HQ2 project there. The new Amazon jobs will also be located in Manhattan, not the developing neighborhood of Long Island City in Queens.

An Amazon spokesperson told CNBC that the new office space will open in 2021 and house employees from its consumer and advertising teams. The spokesperson also said the office is part of the company’s previously announced plan

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Computers/Internet; Society
KEYWORDS: amazon; hq2; newyork; oldnews
ALEXANDRIA OCASIO-CORTEZ TWEETS:

Alexandria Ocasio-Cortez

✔ @AOC Won’t you look at that: Amazon is coming to NYC anyway - *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos, & corporate giveaways.

Maybe the Trump admin should focus more on cutting public assistance to billionaires instead of poor families. https://twitter.com/MariaTeresa1/status/1203080601521336320 …

1 posted on 12/11/2019 6:48:24 PM PST by SeekAndFind
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To: SeekAndFind

Show us your boobs!


2 posted on 12/11/2019 6:50:39 PM PST by EEGator
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To: SeekAndFind

@AOC Won’t you look at that: Amazon is coming to NYC anyway - *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos, & corporate giveaways.
Maybe the Trump admin should focus more on cutting public assistance to billionaires instead of poor families. https://twitter.com/MariaTeresa1/status/1203080601521336320


Hey Genius Girl, President Trump didn’t make the deal with Amazon, Andrew Cuomo did, you know Fredo’s Brother?

I would rather tax dollars be used to improve infrastructure that allows billionaires like Bezos or Bill Gates invest into expanding businesses and employing more people. This gets more people employed, and those people spend money in these communities that allow small businesses to thrive and employ people as well. This is way better then handing out Obama phones and food stamps. Sorry Karl Marx is a fraud, you should have figured that out by now, you are what? 30 right? Grow up


3 posted on 12/11/2019 7:03:30 PM PST by Trump.Deplorable
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To: EEGator

Show us your boobs!
...
Maybe that was part of the deal maybe she already did.


4 posted on 12/11/2019 7:05:34 PM PST by CincyRichieRich (Vote for President Trump in 2020 or end up equally miserable, no rights, and eating zoo animals)
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To: SeekAndFind

Yeah, leasing space for 1500 jobs is definitely better than building a new office for 25,000 jobs. Must be new (communist) math.


5 posted on 12/11/2019 7:12:21 PM PST by facedown (Armed in the Heartland)
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To: facedown
If the Amazon project in Queens had been fully built out it could have ultimately ended up with 8 million square feet of new development in the area.

Only a Puerto Rican dingbat from the Bronx would consider a 335,000 square foot regional office an improvement on that.

6 posted on 12/11/2019 7:47:11 PM PST by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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To: SeekAndFind

We don’t know that public money or incentives aren’t involved. Everything I’ve read on the subject reads like a non-denial denial.


7 posted on 12/11/2019 7:48:59 PM PST by mewzilla (Break out the mustard seeds.)
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To: mewzilla

Or a quid pro quo...


8 posted on 12/11/2019 7:49:51 PM PST by mewzilla (Break out the mustard seeds.)
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To: SeekAndFind

Forgetting for a moment that 25,000 new jobs and new HQ space is a lot different than leasing space in a different borough for about 5% of that...

A top tier tech company looking for 1,500 workers in Manhattan doesn’t bring 1,500 more jobs into Manhattan, they are going to bring a few managers in, hire some support staff, then poach 1,000 or so of the existing talent pool of network and engineering gurus already working in the financial sector and getting paid top dollar who can’t be lured away from the big city to work in California, DC, Boston, or another tech labor hub. A headquarters facility would have brought in a lot of varied skillsets up and down the labor market and changed the community, this facility will be just another address and the sneakers walking in and out of it will belong to people very heavy on already sought and fought after talent in niche skillsets.


9 posted on 12/11/2019 8:46:42 PM PST by jz638
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To: jz638

AOC tries so desperately to turn her turd into gold. She is much more stupid than I thought. She thought she had to say something and what corporate Amazon was always going to do anyway is way over her head. The fact remains that she cost her district and that region jobs and prosperity. Doesn’t matter,Amazon does what it wants,AOC says what she wants and her fidiotic voters are so stupid that they will vote her back in.


10 posted on 12/11/2019 9:10:30 PM PST by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: Alberta's Child

This brings to mind the effort of Wal-Mart in arriving and setting up operations in the District of Columbia around the 2010 to 2013 era. The company laid out the plans for two Wal-Mart stores to open up within the District.

Then, all heck broke loose with community groups and the city council delaying the two projects. There were literally dozens of promises that were being demanded (only DC residents to be hired for the jobs, for example). Some of the community groups were basically against the projects until they got some donation via Wal-Mart to their charity fund.

Support....just to get jobs into the community? Zero.


11 posted on 12/11/2019 11:34:21 PM PST by pepsionice
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To: CincyRichieRich

I’d believe that.


12 posted on 12/12/2019 4:30:23 AM PST by EEGator
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