Breaking: Online-Retail Giant Amazon Will Not Build Headquarters in New York City

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Breaking Online-Retail Giant Amazon Will Not Build Headquarters in New York City

The Associated Press reported that Amazon dumped its plans to build a headquarters in New York City – a plan that estimated the creation of 25,000 new jobs.

“We will continue to hire and grow across our 17 corporate offices and hubs in the U.S. and Canada,” the blog post states.

Reportedly, Amazon planned to funnel $2.5 billion to build new offices in the city along with the new jobs. However, the online-retail giant wanted nearly $3 billion in tax incentives that left New York politicians “unhappy,” according to the AP wire.

Breaking Online-Retail Giant Amazon Will Not Build Headquarters in New York City

Amazon wrote in its blog, The Amazon blog dayone, in a post titled “Updates on plans for New York” that after much deliberation, the company has decided not to move forward with its plans to build a headquarters in Long Island City, Queens.

“For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term,” the post states. “While polls show that 70 percent of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City.”

According to Amazon’s blog post, more than 5,000 Amazon employees live and work in Brooklyn, Manhattan and Staten Island, and the company “plans on continuing growing these teams.”
“We are deeply grateful to Governor Cuomo, Mayor de Blasio and their staffs, who so enthusiastically and graciously invited us to build in New York City and supported us during the process,” the blog post states. “Governor Cuomo and Mayor de Blasio have worked tirelessly on behalf of New Yorkers to encourage local investment and job creation, and we can’t speak positively enough about all their efforts. The steadfast commitment and dedication that these leaders have demonstrated to the communities they represent inspired us from the very beginning and is one of the big reasons our decision was so difficult.”

Amazon wrote that it does not plan to continue its search efforts for HQ2, writing that it will continue to proceed with its plans in Northern Virginia and Nashville.

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