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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From local retailers to a banana stand, Amazon.com Inc. Wednesday offered a taste of what’s to come for the residents and employees of Pentagon City’s Metropolitan Park, the home of the first new HQ2 building. The Seattle company’s top real estate executive, John Schoettler, introduced the second headquarters to a standing-room-only crowd of about 200 residents. While he broadly explained the overall architecture and aesthetic,...
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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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Most voters in New York think it was bad for the state when Amazon dropped plans to put a second headquarters in Queens and many think U.S. Rep. Alexandria Ocasio-Cortez bears blame for the deal falling through, according to a new poll released Monday. The Siena College poll of registered voters in New York state found that 67 percent of those surveyed said the internet...
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New Yorkers aren’t known for their avoidance of conflict. Amazon has waded into a spat with the city over incentives it won in return for choosing New York as the location for half of its second headquarters, known as HQ2. The fact that other big companies have created jobs without such fanfare weakens Amazon’s hand, but the Big Apple deserves one more shot. State and...
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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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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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In perhaps one of the more game-changing decisions in recent real estate history, Amazon announced its decision to split its second headquarters between Crystal City, Virginia, and Long Island City, New York, along with a smaller Operation Center in Nashville, Tennessee. The decision came as a shock to many who felt certain that low-cost cities like Atlanta or Dallas would be the final contenders, but, in...
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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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As Amazon continues to assess the 20 locations on its shortlist for its second headquarters ahead of its self-imposed year-end deadline, CEO Jeff Bezos said the decision is ultimately one you make “with your heart.” In an on-stage interview in New York on Thursday with journalist and author Walter Isaacson, Bezos did not leave any hints about which of the cities on his shortlist he is leaning toward for...
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