Author Topic: Amazon HQ2 in LIC? Yay or Nay?  (Read 17564 times)

Offline JackM

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #240 on: February 19, 2019, 09:49:08 AM »
Here's my fear.  Now that Amazon as withdrawn what will happen to that site?  Well, it will not sit idle.  Developers will come in and build luxury hi-rise condos.  The condos will be purchased by wealthy non-residents who will not pay city or state income taxes.  New York City is becoming a vacation/tourist spot.  We are not creating new jobs other than in the service/tourist industry.  Amazon would have created good paying jobs that would have provided income tax revenue for the city and state.  If we don't create good paying job in the city we will end up being a city where few people live but many people visit.  The Amazon deal was far from perfect but we could have worked with them once they set up shop here.  We could have encouraged them to invest in our city infrastructure (to improve the quality of life of their staff/employees.)  And, BTW, not all the jobs would have been hi-tech.  There would also have been a need for maintenance, security, custodial etc position.  There could also have been partnering with our many colleges/universities.  Anyway, it's done.  And now we need to move on and figure out how to create more new jobs for our city's future. 

Offline lalochezia

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #241 on: February 19, 2019, 10:05:06 AM »
The Amazon deal was far from perfect but we could have worked with them once they set up shop here.

Ask seattle how that went.

https://www.nbcnews.com/business/business-news/seattle-city-council-votes-repeal-head-tax-companies-amazon-n882576

Offline Gordan

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #242 on: February 23, 2019, 10:50:28 PM »
There were a handful of articles that have come out in the last few days that help clarify the situation. I think politicians were hoping the company would make concessions for the neighborhood but, Amazon wanted to use hardball retaliatory tactics instead.

The mayor was on the radio last Friday and my ears perked up when I heard him mention the company had reached a framework with the unions. I thought to myself, it is likely why someone decided to pull the plug.
https://www.newsday.com/news/region-state/amazon-labor-1.27345235

The union leaders, used to seeing union wages required for economic development projects, admitted the agreement wasn’t much. It allowed only for a fair vote by workers on whether to unionize, and provisions against retaliation against union supporters. “It was weak stuff,” Appelbaum said in an interview. “It wasn’t neutrality” in a union vote. “It was very, very basic and less than we would have wanted. But it was the first time anywhere we knew of that Amazon was willing to sit down and talk about a path to unionization.”

Then, James Patchett, CEO of the city’s Economic Development Corporation, who was GRILLED alongside Amazon reps at the two city council meetings had this to say to audience at Crain’s New York Business breakfast:

“They didn't perform particularly well at their public hearings,” “They never hired a single New Yorker to work for them to talk to New Yorkers. And they never really connected with people in the city.”

http://gothamist.com/2019/02/22/amazon_blame_game_patchett.php

And finally, a dirtbag landlord PAID protestors to fake support for Amazon.

http://gothamist.com/2019/02/22/pro-amazon_protesters_reportedly_pa.php

At the protest, Musovic said that he'd spent $1 million renovating his Long Island City buildings in anticipation of the company's arrival. He previously told Bloomberg that he'd added new kitchens, flooring and other amenities to the apartments, with the expectation that he'd be able to hike rents by at least 25 percent. Several developers also said they'd bet big on the neighborhood, and many were devastated by Amazon's announcement last Thursday.

Cuomo did not hold Amazon accountable to anyone in Queens. He was hoping for a LARGE photo op. City politicians were then having to clean up and press Amazon to make some agreements.

The problem is, even if that happened, there is no way to account for the dirty tricks that people in real estate play and the inflated cost of living that would ensue before a shovel even goes into the ground.

Offline JHMNY

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #243 on: March 01, 2019, 03:55:19 PM »
The Amazon issue isn't going away yet. As a matter of fact, things are getting ugly.  City Councilman Jimmy Van Bramer sent out a tweet stating that Josh Bowen, owner of John Brown Smokehouse in LIC, sent him a threatening text message. Apparently, Bowen wants Van Bramer to reach out to Amazon's Real Estate exec, John Schoettler, and extend an apology for protesting the Amazon deal.



« Last Edit: March 01, 2019, 04:02:35 PM by JHMNY »

Offline JK resident

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #244 on: March 01, 2019, 06:27:00 PM »
Look at this guy having to beg Amazon after what the Queens delegation did. So sad.

https://nypost.com/2019/02/28/cuomo-hasnt-given-up-on-bringing-amazon-to-nyc/

Offline dssjh

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #245 on: March 01, 2019, 06:42:33 PM »
Bowen gave jackson heights the finger years ago with the much hyped Alchemy, which opened in the Legends space around 2014 or so. he ran it for two or three months, then shuttered without notice -- later posting on social media that he was "just having some fun" and "never intended" to actually have a restaurant

Online jeanette

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #246 on: March 01, 2019, 08:08:02 PM »
Here's the rub: we needed AMZN more than it needs us. AMZN can set up HQ just about anywhere else. That's why they walked, cuz they really didn't have to put up with any BS. It illustrates the stranglehold big money and power has over us; fact is, if we want their money, we have to be seated at the same table.

Offline Chingwa

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #247 on: March 01, 2019, 10:00:17 PM »
They don't have a stranglehold over us.  They made an offer... and NewYork made an offer... and the deal fell through.  It would have been great to get the jobs and investment in Queens but it isn't the end of the world.  I'm sure NYC will survive just fine.  LIC real estate was booming before Amazon, and will boom after.

Offline dssjh

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #248 on: March 01, 2019, 11:23:22 PM »
They don't have a stranglehold over us.  They made an offer... and NewYork made an offer... and the deal fell through.  It would have been great to get the jobs and investment in Queens but it isn't the end of the world.  I'm sure NYC will survive just fine.  LIC real estate was booming before Amazon, and will boom after.

very well put.

Offline abcdefghijk

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #249 on: March 02, 2019, 08:33:30 AM »
Hmmm. Perhaps the show might not quite be over yet.

After all, in business, when negotiating, walking away from a deal is a well known and often effective tactic.


Offline dssjh

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #250 on: March 02, 2019, 09:30:48 AM »
That's true. And since there's no replacement on the horizon, you may be spot on.

Offline jh35

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #251 on: May 27, 2019, 10:20:04 PM »
from the NY Post:

Amazon eyeing office space on Manhattan’s West Side
By Lois Weiss
May 27, 2019 | 7:20pm | Updated

Amazon may have bid farewell to Queens, but it still “hearts” the Big Apple.

After walking away from a deal to build a headquarters on the Queens waterfront in Long Island City, Amazon is back to shopping for office space on Manhattan’s West Side, sources tell The Post.

The tech giant has been in talks with owners of two shiny, new skyscrapers located just one block west of Penn Station: The newly built One Manhattan West and its soon-to-be sister project Two Manhattan West, sources tell The Post.

The online retailer is seeking “at least 100,000 square feet or much more” — just to start, one well-placed source said.

Amazon, which already has 5,000 workers in NYC, had been “seriously” looking at Two Manhattan West prior to choosing Long Island City in November, a second source said. “That interest has returned over the last few weeks,” the source added.

Brookfield, which owns the two Manhattan West towers (and another at 5 Manhattan West where Amazon is already a tenant), denied through a spokesman that it was leasing to the Seattle company. But multiple sources pointed to the company’s strict confidentiality agreements as a potential reason.

“We don’t comment on rumors or speculation,” an Amazon spokeswoman said.

At Two Manhattan West, Amazon is eyeing space at the top the tower, sources said. The only issue is the building, to be located on 31st Street and 9th Ave., won’t be ready for tenants until 2022.

One Manhattan West, by contrast, will be ready for tenants to move in this fall, including a 250,000-square-foot space in the middle of the 67-story tower. The 250,000-square-foot space won’t be available long-term, but could satisfy Amazon’s space needs until Two Manhattan is ready, sources said.

Amazon is also considering space in the US Post Office building across the street, known as the James A. Farley building — a Vornado development that will boast office space across five levels and will be ready for tenants next May, sources said.

Amazon’s renewed focus on Manhattan so soon after dropping its plans for Queens is an apparent rebuke to the politicians who helped scuttle Amazon’s plans to build its 4-million-square-foot campus in LIC, including US Congresswoman Alexandria Ocasio-Cortez, sources said.

Queens residents overwhelmingly supported plans for 25,000 new jobs with an average wage of $150,000, despite protests from Ocasio-Cortez and other politicians over $3.2 billion in capital grants and tax incentives, polls have shown.
One reason is that every job that Amazon brought to the area would have had a multiplier effect on five or more other local jobs, including at local coffee shops, dry cleaners and food franchises, said Alfredo Ortiz, President & CEO of the Job Creators Network.

Manhattan, by contrast, will barely register the growth, experts said.

“Frankly, that kind of activity gets lost in Manhattan,” said Kathryn Wylde, CEO of the non-profit Partnership for New York City.

The Long Island City deal would have also seen Amazon invest in a 600-seat public school; a workforce development and training space; an artists’ workspace; and 149,650-square-feet of public open space among other projects — all of which is now lost.

“The investment in Long Island City was going to create a whole cluster of activity around it,” Wylde explained. “No one is going to have that same impact in Manhattan unless you go to Upper Manhattan.”

Additional reporting by Carleton English

Offline abcdefghijk

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #252 on: May 27, 2019, 10:59:26 PM »
from the NY Post:

Amazon eyeing office space on Manhattan’s West Side
By Lois Weiss
May 27, 2019 | 7:20pm | Updated

Amazon may have bid farewell to Queens, but it still “hearts” the Big Apple.

After walking away from a deal to build a headquarters on the Queens waterfront in Long Island City, Amazon is back to shopping for office space on Manhattan’s West Side, sources tell The Post.

The tech giant has been in talks with owners of two shiny, new skyscrapers located just one block west of Penn Station: The newly built One Manhattan West and its soon-to-be sister project Two Manhattan West, sources tell The Post.

The online retailer is seeking “at least 100,000 square feet or much more” — just to start, one well-placed source said.

Amazon, which already has 5,000 workers in NYC, had been “seriously” looking at Two Manhattan West prior to choosing Long Island City in November, a second source said. “That interest has returned over the last few weeks,” the source added.

Brookfield, which owns the two Manhattan West towers (and another at 5 Manhattan West where Amazon is already a tenant), denied through a spokesman that it was leasing to the Seattle company. But multiple sources pointed to the company’s strict confidentiality agreements as a potential reason.

“We don’t comment on rumors or speculation,” an Amazon spokeswoman said.

At Two Manhattan West, Amazon is eyeing space at the top the tower, sources said. The only issue is the building, to be located on 31st Street and 9th Ave., won’t be ready for tenants until 2022.

One Manhattan West, by contrast, will be ready for tenants to move in this fall, including a 250,000-square-foot space in the middle of the 67-story tower. The 250,000-square-foot space won’t be available long-term, but could satisfy Amazon’s space needs until Two Manhattan is ready, sources said.

Amazon is also considering space in the US Post Office building across the street, known as the James A. Farley building — a Vornado development that will boast office space across five levels and will be ready for tenants next May, sources said.

Amazon’s renewed focus on Manhattan so soon after dropping its plans for Queens is an apparent rebuke to the politicians who helped scuttle Amazon’s plans to build its 4-million-square-foot campus in LIC, including US Congresswoman Alexandria Ocasio-Cortez, sources said.

Queens residents overwhelmingly supported plans for 25,000 new jobs with an average wage of $150,000, despite protests from Ocasio-Cortez and other politicians over $3.2 billion in capital grants and tax incentives, polls have shown.
One reason is that every job that Amazon brought to the area would have had a multiplier effect on five or more other local jobs, including at local coffee shops, dry cleaners and food franchises, said Alfredo Ortiz, President & CEO of the Job Creators Network.

Manhattan, by contrast, will barely register the growth, experts said.

“Frankly, that kind of activity gets lost in Manhattan,” said Kathryn Wylde, CEO of the non-profit Partnership for New York City.

The Long Island City deal would have also seen Amazon invest in a 600-seat public school; a workforce development and training space; an artists’ workspace; and 149,650-square-feet of public open space among other projects — all of which is now lost.

“The investment in Long Island City was going to create a whole cluster of activity around it,” Wylde explained. “No one is going to have that same impact in Manhattan unless you go to Upper Manhattan.”

Additional reporting by Carleton English

That's good news for Manhattan.

Offline jh35

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #253 on: May 29, 2019, 10:10:44 AM »
from Slate.com:

MONEYBOX
Amazon Is Shopping for Office Space in Manhattan, Proving HQ2 Haters Pretty Much Entirely Right
By JORDAN WEISSMANN

MAY 28, 201912:01 PM
 
Amazon is reportedly back in the market for office space in New York City, which, if true, is a sweet bit of vindication for critics of the company’s whole HQ2 fracas.

In February, Amazon dropped its plans to build a massive office complex in Queens amid political blowback over a package of state and city subsidies the project would have received. Now, according to the New York Post, the company is shopping for real estate on the West Side of Manhattan. “The tech giant has been in talks with owners of two shiny new skyscrapers located just one block west of Penn Station — the newly built One Manhattan West and its soon-to-be sister project, Two Manhattan West,” the paper reports, citing “sources.” The company, which already has 5,000 employees in the city, is apparently looking for 100,000 square feet or “much more.”

That footprint is significantly smaller than the 4 million to 8 million square feet of space Amazon planned to build out for its HQ2 project. But the fact that the company is still planning to grow its New York presence without a large, specially crafted subsidy package seems to prove the basic point many of the deal’s critics made, which is that major cities with large pools of business and engineering talent do not need to stoop to corporate welfare in order to attract major tech companies, which tend to go where they can find enough employees.


The sweeteners that New York offered Jeff Bezos to move to Queens—some of which, to be fair, would have been open to any company by law—may have encouraged him to plan a bigger immediate expansion in the New York area. But the “much more” in the Post report implies that Amazon may well add more space and workers in New York over time. Meanwhile, the real estate the the company was eyeing in Long Island City, which was already one of the fastest growing residential neighborhoods in the country, can still be used for another productive project like housing, and we don’t have to worry about the bad precedent of HQ2 encouraging other companies to sweat the state and city for tax breaks. Personally, I’m feeling pretty good about what I wrote last year:

Even if the incentive package [Cuomo] gave Amazon convinced it to pick New York over, say, Dallas, something else probably would have grown in the company’s absence. The counterfactual to consider isn’t Amazon or nothing. It’s probably Amazon or a bunch of new housing, or some other tech company and a smaller Amazon office.


The Post is framing its scoop as a giant black eye for left-wing politicians who opposed the HQ2 deal. “Amazon’s renewed focus on Manhattan so soon after dropping its plans for Queens is an apparent rebuke to the politicians who helped scuttle Amazon’s plans to build a 4 million-square-foot campus in LIC, including US Congresswoman Alexandria Ocasio-Cortez, sources said,” the paper writes. It is unclear who those sources are, or if they speak for the company, but the line isn’t especially convincing since, again, having Amazon lease open office space in Manhattan while leaving more room for rental development in Queens is a pretty happy ending for all involved. But if tech giants want to own New York’s libs by moving to the city without billions in subsidies, more power to them.


Offline abcdefghijk

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Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #254 on: May 29, 2019, 12:16:19 PM »
Probably, with time and in a low key way, this will grow to be the HQ2 for Amazon...there in Hudson Yards, Manhattan...

Those new stores and businesses and apartments buildings around Hudson Yards will greatly benefit.
 

Jackson Heights Life

Re: Amazon HQ2 in LIC? Yay or Nay?
« Reply #254 on: May 29, 2019, 12:16:19 PM »