Updated 11:33 am CST, Friday, February 22, 2019 FILE - In this Feb. 11, 2019 file photo, New York Gov. Andrew Cuomo talks about his upcoming meeting with President Donald Trump during a news conference in the Red Room at the state Capitol in Albany, N.Y. Cuomo says Amazon's backing out of a deal to put one of its second headquarters in New York City is the "greatest tragedy" he has seen since he's been in government. Cuomo said Friday, Feb. 22 on public radio station WAMC that losing the Amazon deal makes him sick to his stomach. less FILE - In this Feb. 11, 2019 file photo, New York Gov. Andrew Cuomo talks about his upcoming meeting with President Donald Trump during a news conference in the Red Room at the state Capitol in Albany, N.Y. ... more Photo: Hans Pennink, AP Photo: Hans Pennink, AP … [Read more...] about NY Gov. Cuomo deems losing 2nd Amazon HQ ‘greatest tragedy’
Amazon hq seattle
Why Amazon gets the blame for collapse of HQ2 deal
John Gallagher Detroit Free Press Published 6:00 AM EST Feb 20, 2019 So, did Amazon screw New York City, or was it the other way around? Opinion seems about evenly divided between those who blame Amazon for its divorce with New York and those who blame the city for blowing an enormous economic opportunity. As in any breakup, there’s a lot to be said for both sides. But overall I place more of the blame on Amazon for the collapse of the deal that could have brought some 25,000 new workers and billions in new investment to New York. If nothing else, the episode is a reminder that winning Amazon’s prized second headquarters, its HQ2, might not have been the unalloyed joy it once seemed, even for a city as desperate for growth as Detroit. More: It looks like Detroit was suckered by Amazon HQ2 move. Here's how To recap: After a yearlong contest, Amazon, based in Seattle, announced late last year it would split is much-sought-after second headquarters, or HQ2, between New … [Read more...] about Why Amazon gets the blame for collapse of HQ2 deal
HQ shifts by GE and Amazon could increase the scrutiny for public incentives
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Jon Chesto Globe Staff February 15, 2019 The high-stakes Corporate Incentive Game just became tougher to play.Two of the most prominent headquarters deals of this century took major turns Thursday, twists that will influence the ways in which many state and city leaders handle public incentives for years to come.First, the New York headline: Amazon bailed on its HQ2 plans for Queens amid an uproar over a roughly $3 billion package promised by state and city officials. The Seattle-based retail giant will go ahead with the other half of HQ2 in the D.C. area, put more jobs in Nashville, and expand other outposts. (Boston is among the cities that could be poised to land more Amazon jobs.) Advertisement Then, the Boston bombshell: General Electric made public its decision to sell its future headquarters property in Fort Point, and scale back its plans for the site. … [Read more...] about HQ shifts by GE and Amazon could increase the scrutiny for public incentives
Amazon reportedly having second thoughts about NYC HQ
Jennifer Peltz and David Klepper Associated Press Published 5:54 PM EST Feb 8, 2019 New York – Gov. Andrew Cuomo warned Friday about what he called “political pandering” to critics of Amazon’s proposed secondary headquarters amid a report that the company is reconsidering its planned New York City headquarters. But opponents said they’d keep fighting a project they consider corporate welfare. The back-and-forth came after The Washington Post reported that Amazon is reconsidering its planned New York City headquarters because of some local politicians’ opposition to the nearly $3 billion incentive package. The report cited two unnamed people familiar with the company’s thinking. In response, Amazon would say only that it’s engaging with small business owners, community leaders and educators, pointing to its pledges to fund high school computer science classes and contribute to job training. “We are working hard to demonstrate … [Read more...] about Amazon reportedly having second thoughts about NYC HQ
Why you should visit Alexandria, the new home of Amazon
Lisa Schumaier hands me a bright red gum ball and watches as I chew. It softens and I pluck it from my mouth. It’s now an earthy pink. “Okay, ready? Stick it wherever you like,” Schumaier orders. She jabs her finger at a portrait of Hello Kitty, made up entirely of gum, a white-beige face against a background of sea green and yellow. I do as I’m told, sticking my wodge of muted pink putty in Hello Kitty’s giant bow. A gum-born depiction of Jesus and his twelve disciples watch on as I do. Born and raised in Alexandria, the quaint city in northern Virginia I’m currently exploring, artist Schumaier has a talent for taking old things – bottle tops, cocktail umbrellas, gum chewed by strangers – and making them into something new. A talent her hometown of Alexandria, soon to be the base of Amazon’s eagerly anticipated new headquarters, shares. Take the Torpedo Factory Art Center, where Schumaier is a working artist. As the … [Read more...] about Why you should visit Alexandria, the new home of Amazon