In a corporate blog post on Valentine’s Day, Amazon announced it won’t build a publicly-subsidized headquarters campus in New York City after all. The Long Island City project was popular with local real estate developers and top politicians but elicited vocal protests from residents and unions as well as NY State Senator Mike Gianaris and celebrity Congresswoman Alexandria Ocasio-Cortez. Amazon intends to expand its planned Northern Virginia HQ2 instead. Maybe.
More:
“Amazon Pulls Out of Planned New York City Headquarters,”
“Amazon pulls out of $3 billion deal to bring HQ2 to NYC,” Bob Fredericks, New York Post
“Amazon won’t be building HQ2 in New York City after all,” Gaby Del Valle, Vox
“Why Amazon Bailed on Its New York Headquarters,” Josh Barro, New York Magazine
“Alexandria Ocasio-Cortez jubilantly trumpets Amazon’s cancelled HQ2 plans,” Summer Meza, The Week
“Amazon’s Winning Streak Ends in New York,” Shira Ovide, Bloomberg
“Jeff Bezos Is Right at Home in the D.C. Swamp, but Amazon Might Have Bit Off More Than It Can Chew with the Big Apple,” Joel Kotkin, Daily Beast
______________________
Short link: https://wp.me/p6sb6-sJ1
Image by Mike Licht (with apologies to Barry E. Jackson). Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
Comments are welcome if they are on-topic, substantive, concise, and not obscene. Comments may be edited for clarity and length.
Add to: Facebook | Digg | Del.icio.us | Stumbleupon | Reddit | Blinklist | Twitter | Technorati | Yahoo Buzz | Newsvine
NotionsCapital 