Amazon chooses Northern Virginia, NYC for new headquarters, reports say

Amazon chooses Northern Virginia, NYC for new headquarters, reports say

Amazon officially announced Tuesday that its second headquarters will be split between two locations - New York City and Arlington, Virginia. Amazon also could qualify for an additional $1.3 billion in as-of-right city benefits, bringing the total perks to almost $3 billion.

However, at a press conference Tuesday, Mayor Bill Peduto said the city and county will release its Amazon bid, perhaps as soon as Thursday. "Amazon may not be building its next headquarters here, but the company remains an excellent partner with multiple facilities in central OH".

When asked why Amazon was interested in downtown Dallas over other locations in the city and across North Texas, the Mayor said company representatives told him they wanted to be where the action is and on the cutting edge.

Governor Andrew Cuomo, who said he'd be willing to change his name to "Amazon Cuomo" to land the deal at one point, said the state should be proud for landing, "one of the largest, most competitive economic development investments in USA history".

In addition, the online retailer said it will open an operations hub in Nashville, creating 5,000 jobs.

Amazon already has more than 8,500 employees in Virginia and more than 2,000 in the D.C. metro region.

Goldman said she has a lot of admiration for the company and its new services.

Are these the cities that would have benefitted most?

Many guessed Amazon wanted to be close to Washington, because three of the finalist sites were clustered around the nation's capital.

Jeff Bezos, Amazon's chief executive and the world's richest person, privately owns the Washington Post, which has written critical articles about Trump. Amazon also wants to able to attract top technical talent and be able to expand the headquarters. "I would challenge us to continue to think that way". The Washington, D.C. area stood out with a large educated workforce of three million people and a transit system that has plenty of capacity.

The proposal would have given a 100 percent property tax abatement for the headquarters site, and reimburse Amazon up to $75 million for land acquisition and site preparation after 15 years.

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At the outset of its search a year ago, Amazon said it was looking for a business-friendly environment.

Alexandria Ocasio-Cortez, elected to Congress from a district that includes part of Queens, also voiced concern about offering big tax breaks to Amazon. Amazon, the city's dominant employer, threatened to push growth elsewhere if it was approved.

"Our subways are crumbling, our children lack school seats, and too many of our neighbors lack adequate health care", New York State Senator Michael Gianaris and City Council Member Jimmy Van Bramer said in a joint statement. The company has helped fuel a tech boom in Seattle, where cranes building new office towers, apartment buildings and hotels dot the skyline.

Rawlings said the economic incentives offered by New York City and New York State amount to $61,000 per job, while incentives from both Dallas and the State of Texas he said amount to $22,000 per job. Amazon will receive $1.5 billion if it meets its job-creation goals.

- Amazon will also apply for as-of-right incentives including New York City's Industrial & Commercial Abatement Program and New York City's Relocation and Employment Assistance Program.

"I have to confirm with the county executive [Rich Fitzgerald]. but once we get an opportunity to see what NY and D.C. have offered, so we have some kind of comparison, I would think that we could release it as soon as 48 hours", Peduto said. Bloomberg pushed aggressive development in Long Island City while he was mayor.

Officials in both Virginia and NY sought to point out that the tax benefits for Amazon were tied to job creation, and that they expected government coffers to see a positive return from Amazon's investments.

- Performance-based direct incentives of $573 million based on 25,000 jobs created with an average wage of over $150,000.

"Our investments are in our people and our infrastructure", Governor Ralph Northam said.

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