The opposition to the move got what they wanted….
The company has decided to NOT bring thousands of jobs and millions to a ‘Big Apple’ suburb that mounted a strong and loud political opposition…..
This is a punch in the gut to New York Democratic Governor Andrew Cuomo who thought he had a deal…
Cities and states around the country had tried rot get the company to set up the campus and the jobs that would come with it….
This a fast moving story with more to come….
Amazon said on Thursday that it was canceling plans to build a corporate campus in New York City. The company had planned to build a sprawling complex in Long Island City, Queens, in exchange for nearly $3 billion in state and city incentives.
But the deal had run into fierce opposition from local lawmakers who criticized providing subsidies to one of the world’s most valuable companies. Amazon said the deal would have created more than 25,000 jobs.
Amazon’s decision is a major blow for Gov. Andrew M. Cuomo and Mayor Bill de Blasio, who had set aside their differences to lure the giant tech company to New York.
As recently as Wednesday, the governor had brokered a meeting between Amazon executives and union leaders who had been resistant to the deal, according to two people briefed on the sit down. The meeting ended without any compromise on the part of Amazon, according to the people.
State Sen. Michael Gianaris, a vocal critic who was chosen for a state board with the power to veto the deal, said the decision revealed Amazon’s unwillingness to work with the Queens community it had wanted to join.
“Like a petulant child, Amazon insists on getting its way or takes its ball and leaves,” said Mr. Gianaris, a Democrat, whose neighborhood 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.’’……
Update…
Look for blame on this being dropped on Democratic lefty Ocasio-Cortez-Cortez and Co. who are looking at getting their way…The cancellation is money New York City and the Metro area is NOT gonna get….
The opposition was to tax breaks Amazon was promised….
I wonder how bad the Long Island City Real Estate market hit is gonna be?
This is a short game win….
Probably a long game loss….
Cuomo just got the finger…..
The size of the company would be a gain anywhere else EXCEPT New York City which is used to and not impressed by Giant sized companies….
One remembers the city refusing to bend for them mayor Bloomberg putting the NY Giants Football stadium in Manhattan ….
The NY Giants now play in Jersey across the river…
Real Estate people just got screwed in LIC…
Gonna be a big payday for lawyers trying to get people out of supported to be deals…
Local business people are gonna take a hit as will local construction unions and suppliers …
Occasionally-Cortez is taking about taking the billions in set asides and using it for eduction and other things?
The set asides where just that
It wasn’t money
It ain’t going anywhere…
Liberal Activists Didn’t Kill the Amazon Deal. Robert Moses Did….
The most lasting legacy of New York’s power broker is that it’s now impossible to build anything in the city…
More…