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Amazon Leases New Manhattan Office Space, Less Than a Year After HQ2 Pullout

28 pointsby malloreonover 5 years ago

8 comments

keepperover 5 years ago
That’s basically the footprint of 1500-2000 employees.<p>A FAR cry from the 25,000 they were planning for HQ2.<p>This is just normal expansion or office moves.
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hkmurakamiover 5 years ago
&quot;Tech giant agrees to take 335,000 square feet in Hudson Yards neighborhood in deal without any financial incentives from city or state&quot;<p>But Hudson Yards certainly gave them large incentives, as is customary for such anchor tenants.
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sharkweekover 5 years ago
Ah a nice Friday afternoon news dump using the tail between their legs to brush this under the rug as much as possible.<p>I for one am shocked that a massive company interested in a bigger presence in one of the world&#x27;s largest cities would expand there, incentives or otherwise.<p>Good on NY for calling their bluff.
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javagramover 5 years ago
HQ2 was going to be in Queens, not Manhattan. Even if HQ2 had gone ahead they might still have expanded their space in Manhattan right? (As others pointed out this is more like 1-2K employees rather than the 25K of HQ2)<p>But frankly the HQ2 pullout puzzled me from the beginning. They backed out of the deal before it had even been turned down by the city or state as I understand it.<p>I actually wondered at the time if they had just re-evaluated the plan of splitting HQ2 and realized they didn’t need to expand that much in two different east coast cities after all, and used the local complaints as an opportunity to back out.
jakelazaroffover 5 years ago
Really makes you think that the entire HQ2 spectacle was a sham to extract financial incentives from New York City all along.
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nightflyover 5 years ago
I wish more cities would call companies bluffs like this.
malloreonover 5 years ago
<a href="https:&#x2F;&#x2F;twitter.com&#x2F;AOC&#x2F;status&#x2F;1203083485252112384" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;AOC&#x2F;status&#x2F;1203083485252112384</a><p>quote from tweet from AOC: &quot;Won’t you look at that: Amazon is coming to NYC anyway - <i>without</i> requiring the public to finance shady deals, helipad handouts for Jeff Bezos, &amp; corporate giveaways.<p>Maybe the Trump admin should focus more on cutting public assistance to billionaires instead of poor families.&quot;
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seppinover 5 years ago
There was no pullout. The &#x27;HQ&#x27; won&#x27;t exist but they&#x27;ll hire the same amount of new people.<p>They just wanted more tax breaks.