Amazon reportedly rethinking HQ2 in New York City

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Amazon reportedly rethinking HQ2 in New York City

Speaking on condition of anonymity because they were not at liberty to discuss the plans publicly, the people said Amazon executives have had discussions inside the company to reassess the situation in NY and explore other locales.

The company has not leased or purchased office space for the headquarters, which would make it easy to withdraw their commitment, the report says.

It is unclear who the sources of the report are, but it must be noted that the Post is owned by Bezos. "Now if I am Google and see that Amazon is extorting $3 billion from this state, then I am on the phone the next day saying, 'Where is my money?'" Gianaris told Bloomberg TV.

"If Amazon doesn't come to NY, it's because of the political opposition".

About 25,000 new jobs were expected to be brought to the city with Amazon's plans.

Gov. Andrew Cuomo accused his fellow Democrats in the state Senate of committing "governmental malpractice" Friday by trying to kill the deal to bring Amazon to Queens.

News that Amazon is considering backing out of its plan to build a new headquarters site in Queens comes just days after Democratic state Sen.

Detractors-including including US Rep. Alexandria Ocasio-Cortez, who represents a nearby district in Queens and the Bronx-have pointed to the potential neighborhood disruption, strains on an already congested public transit system, and rising rent and property prices that could push out existing residents from nearby neighborhoods.

Ocasio-Cortez tweeted a link to the Post story on Friday and said: "Can everyday people come together and effectively organize against creeping overreach of one of the world's biggest corporations?"

"If the Amazon deal falls apart, they will have nobody to blame but themselves", said Stuart Applebaum, president of the Retail, Wholesale and Department Store Union.

The world's largest online retailer plans to spend $5 billion on the developments in Long Island City in New York's Queens borough, and in Arlington, Virginia, near Washington, D.C, and expects to get more than $2 billion in tax credits and incentives with plans to apply for more. Protesters have become increasingly vocal, flipping some politicians who were originally for HQ2 against it. Opponents are taking issue with the lucrative subsidies offered to Amazon, and the impending strain the new operation could place on infrastructure and affordability. A company official said January 30 that the company wouldn't avail itself of the incentive.

While Virginia officials have already approved Amazon's subsidy package, things have not gone as smoothly in NY.

The deal hasn't closed yet. About $1.5 billion of the grants for HQ2 come from the state and could go before this board, and the way the board is structured, Gianaris would have an effective veto over those funds.

The e-commerce giant announced in November that it would split its second headquarters between New York's Long Island City and Northern Virginia. "When we don't consult with those communities, we absolutely need to reconsider those deals and that process". "Well. Its not going to work".

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