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Amazon pulls out of planned New York City headquarters  ↦

As of today, Amazon announced the cancelation of its plans to build one of their corporate campuses in New York City. This decision, “comes after facing an unexpectedly fierce backlash from some lawmakers and unions.” Their concerns stem from the idea that a tech giant does not deserve nearly $3 billion dollars in government incentives. This move from Amazon was expected to create more than 25,000 jobs in the city.

To lure Amazon, [New York] city and state officials had offered the company one of the largest-ever incentive packages in exchange for a much larger return in jobs and tax revenue.

“Like a petulant child, Amazon insists on getting its way or takes its ball and leaves,” said Mr. Gianaris, a Democrat, whose district includes Long Island City. “The only thing that happened here is that a community that was going to be profoundly affected by their presence started asking questions.”

This coverage from J. David Goodman on The New York Times also includes a statement released by Amazon.


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