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2019-02-14 16:58:26

Newsflash: Amazon Trashes Plans for NYC Headquarters

Caving to pressure form local politicians and special interest groups, tech conglomerate Amazon has trashed a plan to build a new corporate headquarters in New York City. The spacious campus in Long Island City, Queens would have created more than 25,000 well-paying jobs. However, lawmakers balked at the nearly $3 billion in New York state and city tax incentives that the Jeff Bezos-firm stood to reap from the high-profile search for a location for “HQ2.” Amazon issued the following statement: After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon The post Newsflash: Amazon Trashes Plans for NYC Headquarters appeared first on CCN