Amazon To Not Build 2nd HQ in New York

[Starbuck1975]

Yay. A few employees will come talk at the schools, while they pay no taxes and suck up resources.. WTF would Fire devices in the inner cities do?

The employees will pay taxes on many things if they’re working in NYC and living in the tri-state area.

Most inner city districts lack the resources to invest in the basics, let alone technology. Albany and City Hall seem incapable of lessening the gap. School districts in most cities benefit when they have a vested corporate neighbor.

 

[Blackjack200]

There is no reason to believe they will.

Sure there is. Bezos wants to be in New York, that's why he chose NY to begin with, and that why they'll almost certainly continue to grow their presence there.

 

[fskimospy]

The 25,000 jobs was over a period of many years, and it was never a guarantee to begin with. There's no reason to believe Amazon won't ultimately bring just as many jobs as they would have anyway.

What is the basis for that?

 

[K1052]

Also, those saying that this is somehow Amazon coming to NYC without the subsidies should note that this is somewhere around 5-10% of the jobs Amazon was committed to bring with the other deal. It's not even remotely the same thing.

Ultimately I'd expect Amazon to add several thousand new jobs in Manhattan over the next few years which of course will be smaller than their LIC plans. They're never going to bring the financial firepower to bear in Manhattan to expand like Google, Facebook, or other tech is. Amazon's initial plan was to take over One Court Square while waiting the many years for their campus to be built out but that alone is about a million and a half square feet with climbing vacancy so it could be had at a relative bargain.

 

[Blackjack200]

What is the basis for that?

VVVVVVVVVVVVVV

Sure there is. Bezos wants to be in New York, that's why he chose NY to begin with, and that why they'll almost certainly continue to grow their presence there.

 

[fskimospy]

VVVVVVVVVVVVVV

That is not a very convincing argument.

 

[fskimospy]

Ultimately I'd expect Amazon to add several thousand new jobs in Manhattan over the next few years which of course will be smaller than their LIC plans. They're never going to bring the financial firepower to bear in Manhattan to expand like Google, Facebook, or other tech is. Amazon's initial plan was to take over One Court Square while waiting the many years for their campus to be built out but that alone is about a million and a half square feet with climbing vacancy so it could be had at a relative bargain.

Yes, it is not at all surprising that Amazon would continue to add staff in New York. The idea that it’s going to be the same thing as before or something close to it though seems to be based on wishful thinking. Also the last place we want to look to add jobs in NYC is in Manhattan off the 7. That was one of the nice things about the Amazon plan, thousands of new jobs in a way that wouldn’t increase the load on transportation infrastructure.

I personally think all state tax subsidies of this sort should be abolished because they are net harmful but let’s not pretend that they somehow have no effect in the area they are targeted.

 

[K1052]

Yes, it is not at all surprising that Amazon would continue to add staff in New York. The idea that it’s going to be the same thing as before or something close to it though seems to be based on wishful thinking. Also the last place we want to look to add jobs in NYC is in Manhattan off the 7. That was one of the nice things about the Amazon plan, thousands of new jobs in a way that wouldn’t increase the load on transportation infrastructure.

I personally think all state tax subsidies of this sort should be abolished because they are net harmful but let’s not pretend that they somehow have no effect in the area they are targeted.

Well on the plus side the building they're going into is only about a block from the new Moynahan train hall or two from Penn Station so it's walkable from the NJT/LIRR (and eventually MNRR).

 

[Blackjack200]

That is not a very convincing argument.

It's all speculation. That was my original point - there's no convincing evidence either way, but 5 months after Amazon huffed and puffed their way out of the "HQ2" deal, they're already putting 1,500 heads in the city.

 

[fskimospy]

Well on the plus side the building they're going into is only about a block from the new Moynahan train hall or two from Penn Station so it's walkable from the NJT/LIRR (and eventually MNRR).

True, but it would be better if we could put the half empty 9am trains from Manhattan to queens to better use.

 

[Zorba]

The employees will pay taxes on many things if they’re working in NYC and living in the tri-state area.

Most inner city districts lack the resources to invest in the basics, let alone technology. Albany and City Hall seem incapable of lessening the gap. School districts in most cities benefit when they have a vested corporate neighbor.

Seems like removing tax base while adding students isn't a great way to improve their financial situation.

This is like the people that buy from a school fundraiser then vote for people that will cut their funding.

 

[fskimospy]

Seems like removing tax base while adding students isn't a great way to improve their financial situation.

This is like the people that buy from a school fundraiser then vote for people that will cut their funding.

This would be increasing the tax base, not removing it.

It would be removing tax base if you were taking otherwise productively used buildings/land that were paying taxes and replacing it with Amazon stuff that wasn't but in this case they were replacing almost nothing (mostly empty or underused warehouses, etc.) with Amazon.

 

[K1052]

True, but it would be better if we could put the half empty 9am trains from Manhattan to queens to better use.

Well once Cuomo builds his 3 billion dollar LGA air train there will be dozens of people an hour clamoring to ride the 7 east to Willets Point every morning.

 

[fskimospy]

Well once Cuomo builds his 3 billion dollar LGA air train there will be dozens of people an hour clamoring to ride the 7 east to Willets Point every morning.

I'm sorry you must be mistaken, Cuomo has said repeatedly he doesn't control the MTA so clearly anything it does isn't due to him.

Let's be honest, if there's one thing New Yorkers have been clamoring for it's not to connect La Guardia to the subway system proper through the N line, it's to spend $3 billion so people from Long Island can drive to Willets Point and then take a $10 airtrain or whatever. Even better it will allow people from out of town to witness New York's need for additional capacity on the 7 line firsthand. Talk about a true NYC experience!

 

[K1052]

I'm sorry you must be mistaken, Cuomo has said repeatedly he doesn't control the MTA so clearly anything it does isn't due to him.

Let's be honest, if there's one thing New Yorkers have been clamoring for it's not to connect La Guardia to the subway system proper through the N line, it's to spend $3 billion so people from Long Island can drive to Willets Point and then take a $10 airtrain or whatever. Even better it will allow people from out of town to witness New York's need for additional capacity on the 7 line firsthand. Talk about a true NYC experience!

Pay no attention to that man behind the curtain!

If the LGA Airtrain actually works and attracts ridership to the 7 the shit storm that will ensue from hundreds of clueless tourists trying to drag luggage onto the 7 during rush hour will truly be a sight to behold.

 

[theeedude]

Breaking news: Amazon has 1023 open positions in NYC metro, 365 open positions in DC metro.
More at 11.

 

[brycejones]

Breaking news: Amazon has 1023 open positions in NYC metro, 365 open positions in DC metro.
More at 11.

How many of those are in a warehouse?