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Thread: Wall Street Democrats Cuomo And de Blasio Give Amazon $2.8 Billion For Queens HQ2

  1. #1
    All League
    Join Date
    Apr 2003

    Wall Street Democrats Cuomo And de Blasio Give Amazon $2.8 Billion For Queens HQ2

    By Nicole Brown and Alison Fox,
    November 14, 2018

    Calling the plan to build one of Amazon’s new headquarters in Long Island City “a bad deal,” elected officials and advocates on Wednesday protested New York's agreement with the company.

    “The state and the city should both be embarrassed to be standing behind this deal,” State Sen. Michael Gianaris said at the rally, at Vernon Boulevard and 44th Drive in Long Island City. “They got taken, plain and simple.”

    “Why is Amazon entitled to $3 billion, $3 billion tax dollars? Why can Google bring 20,000 jobs here without any public subsidy?” Gianaris asked the crowd, which held signs and mock Amazon boxes with frowning faces.

    City Councilman Jimmy Van Bramer said Gov. Andrew Cuomo and Mayor Bill de Blasio “conspired secretly to cut a deal with Jeff Bezos” by not allowing the City Council, which has authority on land use decisions, to have a role in the negotiations.

    “They said we’re going to fix the process so you don’t have to worry about those pesky City Council members and those pesky community members who might have some problems with the deal,” the councilman said. “Talk about three men in a room.”

  2. #2
    All League
    Join Date
    Apr 2003

    Amazon pulls out of $3 billion deal to bring HQ2 to NYC

    They are Ama-gone!

    In a stunning move, Amazon walked away on Thursday from its plan to build a massive campus in Queens that would have brought an estimated 25,000 jobs to the city in exchange for $3 billion in state and local tax breaks.

    “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the online retail giant said in a statement.

    The move was a serious blow to Gov. Cuomo and Mayor de Blasio, who had set aside their long-running feud to cut a back-room deal that lured Amazon to the city instead of the more than 200 other metropolitan areas vying to become one of its new homes. The two Democrats quietly offered the Jeff Bezos-owned online emporium billions of dollars in perks to bring its HQ2 headquarters to Long Island City, including $2.5 billion in tax credits, $500 million in state construction subsidies and a guarantee the project could avoid New York’s laborious zoning process.

    In its statement, Amazon alluded to opposition from activists and left-leaning politicians. “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,” it said.

    “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.”


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