Author Topic: Amazon HQ2  (Read 6159 times)

Online jj1000

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Re: Amazon HQ2
« Reply #195 on: February 19, 2019, 10:22:15 AM »
See my 5 step program to your left <--

(Real signature under my location)

Online ExGingi

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Re: Amazon HQ2
« Reply #196 on: March 10, 2019, 07:09:48 PM »
https://ritholtz.com/2019/03/hudson-yards-versus-amazon-hq2/

Quote
Consider the sorts of deal Amazon had negotiated:

New York State:
• $1.525 billion from NYS should Amazon hire 25,000 people over the next decade, at an average salary of $150,000 and occupy at least 4 million square feet of space.
• $1.7 billion if Amazon gets to 40,000 jobs by 2032.
• $1.2 billion from the state’s Excelsior Jobs Program or $48,000 per job.
• Up to $505 million in the form of cash grants dispersed over 10 to 15 years, depending upon whether Amazon hits its job goals.
• The State of New York will override local regulations on the lot currently zoned for manufacturing space, replacing the city’s extensive land use review process.

New York City:

• Business income-tax credits worth $897 million (“as-of-right” offered to companies that relocate to NYC from elsewhere)
• Property-tax break worth $386 million over 25 years
• Offered other tax breaks traditionally aimed at very poor neighborhoods.

Imagine if the people who created the HQ2 deal instead tried to do something similar to the unopposed Hudson Yard deal:

Amazon HQ2 Smart Project
• Create a waterfront esplanade and park;
• Upgrade the subway lines and stations near LIC;
• Replace roads, bridges and sidewalks;
• Build new schools and day care facilities;
• Create a new East River ferry service running from LIC to Manhattan.

…and more.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline whYME

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Re: Amazon HQ2
« Reply #197 on: March 10, 2019, 07:38:25 PM »
https://ritholtz.com/2019/03/hudson-yards-versus-amazon-hq2/

He ends off
Quote
If these three are as smart as they are believed to be, they could still revisit this and make it right. Otherwise, welcome to your lasting legacies, the final word in your obits.
So basically he's saying there's no hope?
(I mean I don't know how smart he thinks DeBlasio is)

Offline stooges44

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