Sections SEARCH Skip to content Skip to site index New York Subscribe Log In Log In Today’s Paper New York | What People Are Saying About Amazon’s Breakup With New York City Supported by Almost everyone had an opinion on the company’s reversal on a second headquarters in Queens. ByVivian Wang Feb. 14, 2019 [What you need to know to start the day: Get New York Today in your inbox .] The news on Thursday that Amazon had decided not to build a second headquarters in New York City was an equal-opportunity stunner, to the politicians and activists who had fought against it, and to the business leaders and elected officials who had eagerly awaited it. Within minutes of the company’s announcement, reactions spilled out on social media and in the streets of Long Island City, Queens, the site of the now-abandoned plans for expansion. Amazon The company released a long statement on its blog at … [Read more...] about What People Are Saying About Amazon’s Breakup With New York City
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Amazon folded on its plans to build HQ2 in New York City – setting a bad precedent for the company itself, and for other tech giants. Interestingly, HQ2 was generally viewed favourably by New Yorkers and political leaders both. But different groups all had different problems with Amazon and the HQ2 deal, putting lots of little roadblocks in the way. The key lesson to be learned: It’s possible to stop even a giant by Amazon not with overwhelming force, but by presenting enough friction that it’s no longer worth the trouble. Now that this strategy has worked for Amazon’s critics, expect to see the same playbook in other cities, with other companies. Amazon just folded like a house of cheap cards, in a development that should alarm its fellow tech giants. Thanks to the company’s decision to abandon its plans to build a new campus in New York, activists now have a model for defeating Amazon and its peers. Politicians who have been all-too-eager in … [Read more...] about When Amazon threw in the towel on the New York City HQ2, it showed the rest of the world how to beat Silicon Valley
By Laura Stevens WSJ Jimmy Vielkind WSJ Katie Honan WSJ Thu., Feb. 14, 2019 Amazon.com Inc. is abandoning its plans to build a new headquarters in New York City after the company faced stiff resistance from some local politicians who objected to giving one of the world’s most valuable companies billions of dollars in tax incentives. The company said in a blog post Thursday that its commitment to a new headquarters required supportive elected officials and collaboration. “While polls show that 70% 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,” the company said. Amazon’s decision to abandon plans for a new headquarters in the Queens neighborhood of Long Island City marks a … [Read more...] about Amazon Cancels HQ2 Plans in New York City
Amazon said Thursday it was no longer planning to bring its new headquarters, named HQ2, to New York City. The decision to bring HQ2 to New York was met with fierce backlash from many politicians, local residents, and tech leaders who took aim at HQ2’s effect on housing prices, the major tax breaks New York was giving Amazon, and the company’s treatment of its workers. This is how politicians, policymakers, and tech leaders reacted to the surprise news. Amazon’s plans to put HQ2 in New York City have been called off, the final culmination of months of criticism directed at the e-commerce giant after it first announced in November that it would open a new headquarters there. In a blog post Thursday, Amazon said it came to the decision to cancel its plans for New York City “after much deliberation,” and seemingly took aim at politicians who vocally opposed HQ2. “The commitment to build a new headquarters requires positive, collaborative … [Read more...] about Here’s how politicians and tech execs are reacting to the surprise news of Amazon pulling HQ2 from New York City
Amazon has canceled its plans to open HQ2 in New York City, the e-commerce giant announced on Thursday. The decision comes after months of backlash from some New Yorkers and local politicians. Here is a step-by-step look at how Amazon’s New York HQ2 plans fell apart. Amazon’s much-hyped and frequently criticised New York City HQ2 plans have been canceled. On Thursday, the e-commerce giant announced that it would not be moving forward with its plans to build a headquarters in Long Island City, Queens. Read more:AMAZON CANCELS NEW YORK HQ2 “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 company wrote in a blog post. While there had been reports that Amazon was reconsidering building HQ2 in New York following local backlash, the announcement came as a shock to many. Here is everything we know about how the HQ2 deal fell apart: Amazon’s … [Read more...] about Amazon canceled its New York City HQ2 plans. Here’s everything we know about how the massive deal unravelled.