Author Topic: Amazon HQ2  (Read 13998 times)

Offline Meno

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Amazon HQ2
« on: November 14, 2018, 08:20:02 AM »
This new Amazon headquarters in LIC, is it good or bad?

They're saying 25,000 new jobs, average salary $150K.

That new socialist politician is saying it's terrible, so I tend to think it's actually a good thing, but I just wanted to get people's thoughts.

Offline Dan

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Re: Amazon HQ2
« Reply #1 on: November 14, 2018, 08:42:31 AM »
The only downside is for renters as rents in the LIC area will go up.
The tax money earned will dwarf the incentives.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Menachem613

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Re: Amazon HQ2
« Reply #2 on: November 14, 2018, 08:56:57 AM »
Will the jobs be merely workers leaving other employers to work for Amazon?

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Re: Amazon HQ2
« Reply #3 on: November 14, 2018, 08:58:23 AM »
Will the jobs be merely workers leaving other employers to work for Amazon?
And then those employers hire other employees...
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Offline ChaimMoskowitz

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Re: Amazon HQ2
« Reply #4 on: November 14, 2018, 09:22:55 AM »
And then those employers hire other employees...
...if those employers are still in business.  :)
I just found a new supply of forks!

Offline Ephraimh

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Amazon HQ2
« Reply #5 on: November 14, 2018, 10:33:49 AM »
Definitely a good turn of events for the Brooklyn real estate market — on which a sizable percent of the Brooklyn OJ community rely on — which started to turn sour over the last few months, this will at the minimum erase the slow down and stabilize the rental market

Offline bb1836

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Re: Amazon HQ2
« Reply #6 on: November 14, 2018, 10:48:16 AM »
...and think of all those ppl being added to an already crumbling infrastructure, how much more traffic it will add...pros and cons I guess...
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Offline Yehuda57

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Re: Amazon HQ2
« Reply #7 on: November 14, 2018, 11:11:31 AM »
Definitely a good turn of events for the Brooklyn real estate market — on which a sizable percent of the Brooklyn OJ community rely on — which started to turn sour over the last few months, this will at the minimum erase the slow down and stabilize the rental market
A far, far greater number of the Brooklyn OJ community stand to be screwed. But sure, celebrate the fact that a newlywed couple will struggle to find a 1 bedroom apt for less than 2,000 a month.
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Offline Dan

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Re: Amazon HQ2
« Reply #8 on: November 14, 2018, 11:12:38 AM »
Are people working for Amazon in LIC really going to live in Brooklyn?
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Offline whYME

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Re: Amazon HQ2
« Reply #9 on: November 14, 2018, 11:15:09 AM »
Are people working for Amazon in LIC really going to live in Brooklyn?
1. Yes.
2. Ripple effect?

Offline whYME

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Re: Amazon HQ2
« Reply #10 on: November 14, 2018, 11:20:12 AM »
1. Yes.
On second thought maybe I answered too quickly.

That probably depends to a large degree on how easy it is to commute to LIC. But without that factor there are certainly neighborhoods in brooklyn that'll be very appealing to them.

Offline hide4

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Re: Amazon HQ2
« Reply #11 on: November 14, 2018, 11:33:36 AM »
This new Amazon headquarters in LIC, is it good or bad?

They're saying 25,000 new jobs, average salary $150K.

Definitely a good turn of events for the Brooklyn real estate market

...and think of all those ppl being added to an already crumbling infrastructure, how much more traffic it will add...

With a population of over 8.5 million people, how is 25,000 jobs going to affect NYC?!
It's all hype imho.

Offline Yehuda57

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Re: Amazon HQ2
« Reply #12 on: November 14, 2018, 11:36:47 AM »
This new Amazon headquarters in LIC, is it good or bad?

They're saying 25,000 new jobs, average salary $150K.

That new socialist politician is saying it's terrible, so I tend to think it's actually a good thing, but I just wanted to get people's thoughts.
Did you read what the socialist politician said? Can you argue with her point by point on merit?
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Offline whYME

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Re: Amazon HQ2
« Reply #13 on: November 14, 2018, 11:38:37 AM »
With a population of over 8.5 million people, how is 25,000 jobs going to affect NYC?!
It's all hype imho.
https://nypost.com/2018/11/13/the-amazon-deal-is-no-win-for-new-yorkers/

Offline Meno

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Re: Amazon HQ2
« Reply #14 on: November 14, 2018, 12:03:41 PM »
Did you read what the socialist politician said? Can you argue with her point by point on merit?

I skimmed through it, and no, but I disagree with most of the stuff she says.

Based on what I've read, she doesn't have any clear points.

Offline skyguy918

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Re: Amazon HQ2
« Reply #15 on: November 14, 2018, 12:37:16 PM »


The tax money earned will dwarf the incentives.
This is highly debateable, but perhaps more importantly, extremely difficult to measure.

Offline yesitsme

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Re: Amazon HQ2
« Reply #16 on: November 14, 2018, 12:59:01 PM »
I skimmed through it, and no, but I disagree with most of the stuff she says.

Based on what I've read, she doesn't have any clear points.
what do expect she's a dem :o

Offline Menachem613

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Re: Amazon HQ2
« Reply #17 on: November 14, 2018, 12:59:25 PM »
The only thing that is certain is the tax breaks. 

Offline Ephraimh

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Re: Amazon HQ2
« Reply #18 on: November 14, 2018, 04:14:15 PM »
Are people working for Amazon in LIC really going to live in Brooklyn?
Of course, a potential condo buyer is going to face two options, pay $1,300/square foot for the luxury of having a short 10 minute commute to work everyday, or pay $900/square foot and commute 40 minutes everyday, two markets, and enough people to fill both.

Offline Ephraimh

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Re: Amazon HQ2
« Reply #19 on: November 14, 2018, 04:26:36 PM »
With a population of over 8.5 million people, how is 25,000 jobs going to affect NYC?!
It's all hype imho.
https://nypost.com/2018/11/13/the-amazon-deal-is-no-win-for-new-yorkers/
Highly discounts the fact that 25k jobs was the minimum for them to sign contract.. for certain tax breaks to kick in they’ll have to meet 40k jobs, also, every direct job generates on average 2.5 indirect jobs.. and besides, by amazon picking NYC (and Google announcing last week) it’ll inevitably attract more Silicon Valley type activity in the coming years.