Amazon May Be Reconsidering Long Island City Headquarters

Amazon rethinks plan for New York HQ amid fierce opposition, report says

Inc.is reconsidering its plan to build a corporate campus in NY after facing a wave of opposition, according to a report.

Amazon executives responsible for the company's planned move to create a headquarters on the East Coast appear to be rethinking their decision when it comes to the NY location.

"The question is whether it's worth it if the politicians in NY don't want the project, especially with how people in Virginia and Nashville have been so welcoming", an insider tells the Post (Nashville will get a smaller, 5,000-job campus).

A new rumor suggests the planned Amazon NYC headquarters is being reconsidered. Even before these subsidies, New York City has been struggling to fund acceptable public transportation and affordable housing.

Amazon may end up deciding that its plan to split its East Coast HQ2 between NYC and Virginia isn't worth the trouble. Meanwhile, city council members last week pressed executives on their plans and criticized Amazon for being an anti-union company (New York is largely a pro-labor city).

"Jobs are good but we need to get them the right way and we shouldn't be subsidising to the tune of $3 billion plus", Gianaris said in an interview on Bloomberg TV.

The source said the article could be a trial balloon for either side: It could be the NY community sending a signal to Amazon founder and CEO Jeff Bezos, or it could be Bezos testing the waters. It must be approved unanimously by the state Public Authorities Control Board.

Friday afternoon, Boca Raton Mayor Scott Singer tweeted, "Hey @amazon, heard many NYS leaders oppose deal for your 2nd headquarters".

He told the Guardian: "Amazon has extorted NY from the first day of this process, and this seems to be their latest effort to do that".

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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.

In one sign of opposition, artists spray-painted Amazon's logo - spelled "AMAZNO" - on streets near the proposed site.

Though, both the governor and the mayor continue to fully support the deal to bring the tech giant to New York City.

Announced in November, the HQ2 locations in LIC and Crystal City, Virginia, marked the culmination of a nationwide pageant where cities across the country vied for Amazon's favor.

"Whether it's building a pipeline of local jobs through workforce training or funding computer science classes for thousands of New York City students, we are working hard to demonstrate what kind of neighbor we will be", an Amazon spokesperson said in an email.

Amazon is reconsidering plans for a new headquarters in NY amid a torrent of public opposition.

According to Amazon's press release, the company will also receive "performance-based direct incentives of $1.525 billion" for the creation of the jobs. "It's setting a bad precedent", Carlo Scissura, president and CEO, New York Building Congress, told CNN Business on Friday.

Basically, the whole thing could be summed up as "nice Amazon deal, New York".

Sure, Amazon shimmied into Virginia and got everything it wanted.

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