Amazon Leases Midtown Space After Scrapping HQ2 Plans for NYC

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  • Published on Dec 8, 2019
  • Less than a year after Amazon.com Inc. walked away from a planned headquarters in New York, the e-commerce giant has announced a significant expansion in midtown Manhattan.
    The company signed a lease for 335,000 square feet in the Hudson Yards neighborhood on the west side. The new office will accommodate more than 1,500 workers and is slated to open in 2021, according to an e-mailed statement.
    “As we shared earlier this year, we plan to continue to hire and grow organically across our 18 Tech Hubs, including New York City,” the Seattle-based company said.
    Amazon abandoned plans in February to build an additional headquarters in New York’s Long Island City neighborhood following fierce public criticism of tax breaks promised to the company, and concerns about the impact on housing costs and transportation. The move sent shock waves through New York’s real estate community, which worried that the city was becoming inhospitable to business.
    But recent months have shown that companies are still attracted to New York and its deep pool of talented workers. Facebook Inc. announced that it was leasing more than 1.5 million square feet at Hudson Yards last month. And Google is also in the midst of a major expansion in the city.
    Amazon said it is not receiving tax benefits or other incentives for its new office, which will be located in SL Green Realty Corp.’s building on 10th Avenue between 33rd and 34th Streets. The outpost will be roughly the same size as the company’s other corporate offices in New York, where it currently has more than 3,500 employees in its tech hub.
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Comments • 7

  • Jake MacHine
    Jake MacHine Month ago +2

    What's better ?
    1,500 jobs outside of her district or 25,000 jobs within her district?
    AOC is bragging about the 1,500 jobs outside of her district that she had absolutely nothing to do with.

    • Sorcerer's Apprentice
      Sorcerer's Apprentice Month ago

      Yeah, it's not like companies overpromise by a factor of 10-100x jobs than people they actually need, or promise not to move out of a community after being granted a bunch of tax breaks and perks, before disappearing like a fart in the wind the moment another community promises a better deal.

      Oh wait, they do. They do all the time.

      AOC saved NYC $3 billion.

    • occupynewparadigm
      occupynewparadigm Month ago +3

      Amazon never promised 25k jobs and there were no repercussions if they hired no one. They can't just say they lost and are moving to NYC anyways. Then other cities and states will be like wtf? We aren't giving you billions in tax breaks and giveaways.

  • Happy 2 B Rodz X Wife
    Happy 2 B Rodz X Wife Month ago +1

    1,500 jobs created in comparison to 25,000 that would have been created if AOC would have allowed Amazon to build a HQs in NY. I would call that a huge loss but not AOC supporters.

    • Darrien Kennedy
      Darrien Kennedy Month ago +6

      Three billion dollars of tax payer money vs zero dollars of tax payer money. 25000 was over the course of 10 years. The 1500 is by 2021. You understand you are shilling for a corporation over your taxes going down OR even your tax dollars going to the hard workers paying the taxes... Interesting...

    • occupynewparadigm
      occupynewparadigm Month ago +1

      Amazon never promised 25k jobs and there were no repercussions if they hired no one. They can't just say they lost and are moving to NYC anyways. Then other cities and states will be like wtf? We aren't giving you billions in tax breaks and giveaways.

    • 88Crager
      88Crager Month ago +3

      It would have driven up the cost of rent.