Amazon cancels plans to build New York headquarters

[Creag]

New York (CNN Business)Amazon is ditching its plans to build a new headquarters in New York after facing backlash from members of the community.

"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.

In the statement, Amazon noted that "a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City."

Amazon selected New York City and Northern Virginia in November to split duty as its second headquarters (nicknamed HQ2) after a year-long search. Each city was expected to have more than 25,000 workers over time.

More here: CNN

 

[Nick333]

Lol. Jobs? No thanks.

 

[Cube3]

Go to a sanctuary city , then you can hire all them migrants

 

[Emjay]

https://www.forbes.com/sites/alyyal...-hq2-would-mean-for-nycs-future/#21abf64b127c

Yeah, real smart move New York.

 

[noxibox]

the $1.525 billion in incentives

Just another way of saying corruption.

I'm surprised New York actually stood up to them. Usually everyone just rolls over and lets whichever company it is set up their operation to transfer wealth from the public purse into a few private hands.

 

[Johnatan56]

Just another way of saying corruption.

I'm surprised New York actually stood up to them. Usually everyone just rolls over and lets whichever company it is set up their operation to transfer wealth from the public purse into a few private hands.

No, those companies bring tens of billions of dollars back into the economy, being a stable source of income for a long time.

Giving some tax reductions and/or helping out with infrastructure is perfectly reasonable for the benefits it brings.

 

[w1z4rd]

When something like an Amazon office arrives it really changes things. It seldom gets better for the locals, If you are not a part of their specific technocracy this could impact you negatively.

 

[rietrot]

When something like an Amazon office arrives it really changes things. It seldom gets better for the locals, If you are not a part of their specific technocracy this could impact you negatively.

How?

 

[w1z4rd]

How?

When they take over an area rents will become unaffordable until you have to move out. Eventually once the whole area is controlled they will tech it up and make it into one of their weird tech enclaves. Locals dont stand a chance.

 

[Emjay]

When they take over an area rents will become unaffordable until you have to move out. Eventually once the whole area is controlled they will tech it up and make it into one of their weird tech enclaves. Locals dont stand a chance.

There was talks about implementing controls for rent.

I feel sorry for those impacted by gentrification, but it is natural upward progression of wealth generation.

 

[w1z4rd]

There was talks about implementing controls for rent.

That would probably have delayed what they are doing, not stopped.

Also its Amazon. If you see how they treat their staff, its hard to give them any sympathy.

These tech enclaves are becoming more common, and people should take note of them,

 

[rietrot]

When they take over an area rents will become unaffordable until you have to move out. Eventually once the whole area is controlled they will tech it up and make it into one of their weird tech enclaves. Locals dont stand a chance.

Now I'm worried about the takealot warehouse 10km from my home.

You have to be quite a strange person to complain that certain neighbourhoods shouldn't improve because it will push up rent.

That is a good thing. Buy a house and stop renting then or move on to another slum.

 

[TheMightyQuinn]

When something like an Amazon office arrives it really changes things. It seldom gets better for the locals, If you are not a part of their specific technocracy this could impact you negatively.

How?

Exactly. Watch here:

 

[Emjay]

That would probably have delayed what they are doing, not stopped.

Also its Amazon. If you see how they treat their staff, its hard to give them any sympathy.

These tech enclaves are becoming more common, and people should take note of them,

So what exactly is the solution then? Stop these big companies from forming to stop them from uplifting areas financially? Maybe a better solution is to up-skill the poor and hope they can move into the knowledge economy.

 

[rietrot]

Exactly. Watch here:

Lol that's a comedy show. I hope you're not using it to try and make a point that economic development is bad.

 

[Gingerbeardman]

So what exactly is the solution then? Stop these big companies from forming to stop them from uplifting areas financially? Maybe a better solution is to up-skill the poor and hope they can move into the knowledge economy.

No, the solution is to tell the big companies to build their offices where they think is best without looking to cut special deals with the local governments with empty promises of revenue.

If I was running a municipality or state or whatever and some company tried to play me off against another region for tax incentices, my first reaction would be to tell them to shove it where the sun doesn't shine.

 

[Bryn]

Lol that's a comedy show. I hope you're not using it to try and make a point that economic development is bad.

Without qualifying the point being made here, as I have not watched the episode above, it is an injustice to label John Oliver's show as a mere 'comedy show'. It has a lot of substance, exposes crazy s**t in America with almost every episode and has made a difference to countless lives thanks to his influence.

 

[EADC]

Lol that's a comedy show. I hope you're not using it to try and make a point that economic development is bad.

The term you looking for is well researched show that looks at everything.

 

[Emjay]

No, the solution is to tell the big companies to build their offices where they think is best without looking to cut special deals with the local governments with empty promises of revenue.

If I was running a municipality or state or whatever and some company tried to play me off against another region for tax incentices, my first reaction would be to tell them to shove it where the sun doesn't shine.

Amazon are not at fault here. There is a demand for their headquarters, and they are doing what any company would do (and should). They are leveraging the demand for their presence. Having said that however, their presence will still have a net positive impact on the area in which they will operate.

Rent is also going to become ever more expensive as populations become more wealthy. Rejecting progress is really dumb founding to me.

 

[w1z4rd]

Im wary of these tech enclaves. If you are not in one, the people who do live in them, dont look at you the same. I kinda feel the people who live in them sign their lives away in a EULA and live by their own laws. .