New York – Amazon.com Inc
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In the announcement, that could come as early as Tuesday morning, Amazon will announce a significant investment in one additional city, the source said.
The decision would bring to an end a more-than-year-long contest that started with 238 candidates and ended with a surprise split of its “HQ2”.
The company was planning to split its second headquarters, dubbed “HQ2”, evenly between two cities, and among the finalists that Amazon was holding advanced talks with were Dallas, Long Island City in New York and Arlington near Washington, D.C., Reuters reported https://www.reuters.com/article/us-amazon-com-headquarters/amazon-plans-to-split-second-headquarters-in-two-cities-sources-idUSKCN1NA2HM last week, citing sources.
Amazon sparked a bidding frenzy in September 2017 when it announced it would invest over $5 billion to create an “HQ2” in addition to its home base in Seattle and hire up to 50,000 people.
Cities and states promised billions of dollars of tax breaks and other inducements in exchange for Amazon’s “HQ2”. They also handed over infrastructure, labor and other data that could prove useful in other ways to the world’s largest online retailer.
The Wall Street Journal reported Amazon’s proposed plans earlier on Monday.
The New York Times had also reported https://www.nytimes.com/2018/11/05/technology/amazon-second-headquarters-split.html last week that Amazon was finalizing plans to select the Long Island City neighborhood of Queens, New York and the Crystal City area of Arlington, Virginia.
Amazon did not immediately respond to a Reuters request for comment.
There was such a frenzy to get Amazon many Cities made huge offers of benefits. We are not privy to all the details and it is likely that Amazon, knew they would split and negotiated deals that will benefit them as if they chose one location, but now doubled.
In my humble opinion, half of this Amazon might be less damaging to NYC. Having all the new headqaurters in one place might overtax our infrastructure.
now its up to Cuomo and Diblassio to fix MTA for influx of tax revenues and workforce