Amazon Pulls Out of Planned NYC Headquarters – Will They Reconsider Miami?
February 14, 2019
Amazon said on Thursday that it was canceling plans to build a corporate campus in New York City. Despite many supporting the company's plans to build a sprawling complex in Long Island City, Queens, in exchange for nearly $3 billion in state and city incentives, the deal had run into fierce opposition from local lawmakers who criticized providing subsidies to one of the world’s most valuable companies. Amazon said the deal would have created more than 25,000 jobs. Amazon’s decision is another major blow for [...]