Amazon Leases New York City Offices After Nixing Queens HQ2 Plan

The expansion follows the company’s February decision not to bring a corporate campus to Long Island City, Queens, amid backlash from residents and elected officials. Many New Yorkers worried that the 25,000 employees at the new location would overcrowd the neighborhood and cause gentrification; others were angry that the company was offered $3 billion in state and city tax subsidies. Proponents of the plan, such as Democratic Gov. Andrew Cuomo, argued that New York only stood to gain from the new Amazon campus, predicting $9 would be generated for every $1 of tax forgiven, amounting to almost $27 billion in revenue.

Article source: https://www.huffpost.com/entry/amazon-leases-new-york-hudson-yards-offices_n_5debb62be4b0913e6f905326