Image via CityRealty
Update 3/1/19, 1:10pm: According to Crain’s, Governor Cuomo said today on WNYC’s Brian Lehrer Show, “They have given no indication that they would reconsider. I have no reason to believe that Amazon is reconsidering. Would I like them to? Certainly. But I have no reason to believe that.”
Amazon’s Valentine’s Day breakup with New York City has been rough on Governor Andrew Cuomo; the New York Times reports that Cuomo has continued to beseech the retail giant to build one of its two new headquarters in Long Island City, Queens, as it had announced plans to do last November. According to the Times, Cuomo has privately assured Amazon officials that he would ease the company’s path to any needed approvals and is “working intensely behind the scenes”–including a personal pitch to founder Jeff Bezos–to get Amazon to reconsider.
Baby, come back
Amazon said on Thursday it will no longer build a new headquarters in Long Island City, the New York Times reported. The online retail giant selected the Queens neighborhood last year for its “HQ2” campus following a 14-month nationwide contest. Amazon had promised to bring 25,000 jobs to New York City in exchange for nearly $3 billion in state and city incentives. In a statement, the company said it does not plan to look for another location at this time.
After facing months of intense backlash from residents and local officials, Amazon is rethinking its plan to open a massive complex in the Queens neighborhood of Long Island City, the Washington Post reported on Friday. Sources told the newspaper, which is owned by Amazon CEO Jeff Bezos, that executives at the tech company have had discussions to reassess the plan to open its “HQ2” in New York City. “The question is whether it’s worth it if the politicians in New York don’t want the project, especially with how people in Virginia and Nashville have been so welcoming,” a source told the Post.
Find out more
State Sen. Michael Gianaris announced on Tuesday plans to draft legislation aimed at cracking down on insider dealing in real estate. The proposed law comes after a report in the Wall Street Journal found Amazon employees were buying condos in Long Island City before the company had publicly announced plans to build their second headquarters in the neighborhood. The legislation would prohibit anyone from using confidential government information to buy or sell real estate, according to Gianaris.
Find out more