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Tag: amazon hq2


Long Island City tries to move on after Amazon HQ2 debacle

17

Sep 2019

Long Island City tries to move on after Amazon HQ2 debacle

If you walk around Long Island City on any given day, you’ll see cranes everywhere and new apartment buildings popping up seemingly overnight. Improvements are being made to multiple subway stations. And new businesses are opening, including a liquid nitrogen ice cream shop and a dance studio for kids. But there is another side to this neighborhood in the New York City borough of Queens....

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Amazon may have canceled its NYC headquarters, but its footprint is everywhere

18

Apr 2019

Amazon may have canceled its NYC headquarters, but its footprint is everywhere

For many of the people opposed to Amazon establishing a second headquarters (HQ2) in Queens, New York, casting the company into total exile was never the point. At its heart, opposition lay with the terms of the deal that wooed the company—its massive tax incentives, the process that had created the deal (without input or oversight from the New York City Council or local communities), and the dramatic impact such a real...

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Amazon abandons plan to occupy huge downtown Seattle office building

28

Feb 2019

Amazon abandons plan to occupy huge downtown Seattle office building

Amazon confirmed Wednesday it will not occupy the 722,000 square feet it had leased in the Rainier Square tower under construction at Fifth Avenue and Union Street. The lease was one of the biggest in Seattle history — enough space to hold at least 3,500 employees and perhaps up to 5,000. Amazon is abandoning a prominent downtown Seattle office project 10 months after it threatened to...

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Cuomo says losing Amazon HQ ‘greatest tragedy’ of his tenure

24

Feb 2019

Cuomo says losing Amazon HQ ‘greatest tragedy’ of his tenure

Gov. Andrew Cuomo again blasted fellow Democrats on Friday over Amazon’s backing out of a deal to put one of its second headquarters in New York City, calling the internet retailer’s rejection the “greatest tragedy” he has seen since he’s been in government. Cuomo also said during an interview on public radio station WAMC that losing the Amazon deal makes him sick to his stomach....

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3 cities Amazon should consider for HQ2 if it scraps NYC

12

Feb 2019

3 cities Amazon should consider for HQ2 if it scraps NYC

Amazon (AMZN) is reportedly reconsidering its plans to open up a second headquarters in New York City following unexpected political and community opposition. According to The Washington Post, which cited unnamed sources, Amazon executives have recently had discussions to rethink the company’s plans for New York and consider other alternatives. The news follows Amazon’s surprise announcement in November that it would split up HQ2 into two campuses: one...

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How To Leverage Amazon’s HQ2 For Residential Investing

18

Dec 2018

How To Leverage Amazon’s HQ2 For Residential Investing

Amazon’s plans for the new headquarters in Crystal City provide a once-in-a-lifetime opportunity to flip homes and improve housing in the Arlington and Alexandria areas. According to The Washington Post, the new site, called National Landing, is bringing 25,000 new jobs that pay an average of $150,000 yearly salary. This is good news for investors since all these professionals are going to need somewhere to live...

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Real Estate Experts Say Amazon’s Move to NY Could Be a Boon for Housing and Jobs

22

Nov 2018

Real Estate Experts Say Amazon’s Move to NY Could Be a Boon for Housing and Jobs

Ecommerce giant Amazon isn’t even in New York yet, but that hasn’t stopped an increased interest in open houses, or lawmakers from asking the company to leave. Amazon’s new offices headed for Long Island City (LIC) is a move that some real estate experts say is promising and will bring about bigger effects to the area, both in housing and the overall job market. For example, according...

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Amazon has picked its two new headquarter locations

18

Nov 2018

Amazon has picked its two new headquarter locations

Amazon’s hunt for a second headquarters is drawing to a close, as two locations have been tapped to host the HQ2. According to a Wall Street Journal report, the headquarters will be in northern Virginia and New York City. This follows news that the second headquarters will actually be broken down into two smaller HQs. The HQ2 promised to bring “as many as 50,000 high-paying jobs” to whatever...

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There’s more evidence that the race for Amazon’s HQ2 is still wide open

09

Oct 2018

There’s more evidence that the race for Amazon’s HQ2 is still wide open

Amazon officials affiliated with the search for HQ2 have visited Miami recently, according to a report. That makes it the second city Amazon has return-visited within the last two months. That could signal that, though Amazon said it will announce the final host of its second headquarters before the end of the year, the decision is far from set in stone as of yet. Amazon reportedly...

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Amazon HQ2: Why some cities feel like winners, despite losing

02

Oct 2018

Amazon HQ2: Why some cities feel like winners, despite losing

In January, when Amazon announced a shortlist of 20 cities still in contention for the company’s second headquarters, hundreds of mayors and economic development officials across the country felt the sting of rejection. Amazon even made calls to many of the cities dropped from what some have called the “urbanist Super Bowl,” explaining why they didn’t make the cut. This wasn’t a “it’s not you, it’s me,” kind of...

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