Amazon admits defeat in New York

15 February, 2019, 08:47 | Author: Sally Reid
  • Amazon cancels plans to build second headquarters in New York City

And they objected to giving one of the world's most valuable companies-run by the world's wealthiest man-billions of dollars in subsidies and tax breaks.

"This was a shakedown, pure and simple", he said.

Although New York leaders like Gov. Andrew Cuomo (D) and New York City Mayor Bill de Blasio (D) praised Amazon for planning to move into the city, progressives like Ocasio-Cortez were outraged. "In the face of some pretty normal political opposition - and that could be debated - if you go into a place like NY, you are going to expect folks to raise some questions".

"We continue to believe that Baltimore, with its exceptional regional tech-ready workforce and prime campus location of Port Covington, is a ideal fit for Amazon's needs now, and in the future", Weller said in a statement last week.

Months after Amazon announced that a headquarters would be coming to Long Island City, the company reversed the decision, explaining that the headquarters would not be coming to NY after all.

On Thursday, Amazon announced it would no longer be building its new headquarters in NY. The technology giant planned on bringing 25,000 jobs to the city, and investment $2.5 billion on the construction of new office buildings.

In a statement, Amazon said it was disappointed in the outcome. The online retailer has not yet acquired any land for the project, which would make it easy to scrap its plans, a person briefed on the matter told Reuters on Friday.

In a statement, de Blasio blamed Amazon for failing to address local criticism.

In its statement, Amazon said it has no plans to "reopen the HQ2 search at this time".

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Maritza Silva-Farrell, executive director of ALIGN, center, speaks during a protest against Amazon outside of City Hall in NY on January 30. The campus was expected to spur a new era of growth for Queens and the city at large, promising the creation of 25,000 high-paying tech jobs, not to mention the luxury residential developments underway to house those new employees. High-rise towers have sprouted across the neighborhood in recent years.

"You have to be tough to make it in New York City".

Alphabet Inc's Google has avoided competitions between cities for offices, and its growing presence in lower Manhattan has met with little serious blowback.

"Certainly, Amazon has a reputation in Seattle, and people in Seattle view the company much differently than folks outside in the rest of the world", he said.

Shares of Amazon fell 1 percent.

Amazon abruptly abandoned plans on Thursday for a new headquarters in NY that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the almost $3bn in tax breaks promised to what is already one of the world's richest, most powerful companies. "There was no hint of this at all".

City Council members scheduled hearings at which they grilled Amazon officials about the company's labor practices, its contract with Immigration and Customs Enforcement to provide facial recognition technology and other issues.

And while both Governor Cuomo and Mayor de Blasio came out in strong support of the deal, others such as Alexandra Ocasio-Cortez came out against it.

"There were legitimate concerns raised and aspects that I wanted changed", she tweeted.

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