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Amazon Abandons Plans for New York Headquarters Following Opposition

Mounting pressure against Amazon’s planned second headquarters in New York has led the e-commerce giant to scrap its ambitious project.
In a statement released Thursday, the Seattle-based company announced the decision to forego building a home in Long Island City, which was expected to bring in 25,000 corporate jobs to the area and speed along the redevelopment of the formerly industrial neighborhood. It was intended to be one of two future headquarters sites, along with Crystal City, Va., following a yearlong competition that saw major cities including Atlanta, Dallas and even one Canadian metropolis vying to house the retailer.
However, New York’s state and local leaders clashed over the nearly $3 billion in tax incentives the company would stand to gain in return, and City Council lawmakers have scrutinized the deal in a series of hearings that began late last year. (Separately, during a news conference last week, Governor Andrew Cuomo called the state Senate’s resistance to Amazon’s plan “governmental malpractice.”)
In its statement issued today, the e-tail giant explained, “For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term. While polls show that 70 percent of New

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Via:: https://footwearnews.com/2019/business/retail/amazon-new-york-headquarters-plan-opposition-1202744953/