The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Did New York lose anything with Amazon’s rejection? It’s complicated. Amazon announced yesterday that it’s taking its ball and going home, […]
View More Daily Crunch: Amazon scraps HQ2 plans in NYCCategory: hq2
Urban unicorn renewal
Three cities, three dead urban unicorn renewal projects. In just the past few days, we’ve had Foxconn renege on Wisconsin, Amazon renege on NYC, and GE renege on Boston. Each followed the Anna Karenina principle that every unhappy economic development deal is unhappy in its own way: for Foxconn, it was trade tariffs and slowing […]
View More Urban unicorn renewalNew York politicians slam Amazon as it drops HQ2 plan
Like the initial HQ2 plan, today’s news that Amazon will no longer be setting up shop in Queens has been met with a flood of mixed reactions. Business advocacy and real estate are decrying the retail giant’s decision to pack up and leave. I know I’ve been flooded with responses from various corners all afternoon. […]
View More New York politicians slam Amazon as it drops HQ2 planNew York Governor ‘Amazon Cuomo’ is furious over canceled HQ2
There is likely no one more distraught over Amazon’s decision to cancel its plans to build a second headquarters in Long Island City, Queens than New York Governor Andrew Cuomo.
“Amazon chose to come to New York because we are the capital of the world and the best place to do business,” said Governor Cuomo in a statement after Amazon’s announcement on Thursday. “However, a small group [of] politicians put their own narrow political interests above their community.”
Governor Cuomo was instrumental in bringing Amazon’s HQ2 to the city. The governor helped secure a deal with Amazon, which saw the company receiving a total of $3 billion tax incentives. Read more…
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View More New York Governor ‘Amazon Cuomo’ is furious over canceled HQ2Boston and NY share high tech losses as Amazon and GE bail on same day
Boston and New York have been sporting rivals for decades, constantly fighting over bragging rights across all four major sports, but today the two cities had something in common neither was probably hoping for. Both had major tech companies back out of massive deals on the same day. It turns out, however, the two cities […]
View More Boston and NY share high tech losses as Amazon and GE bail on same dayNew York Mayor blames Amazon: ’You have to be tough to make it here’
Amazon shocked everyone on Thursday when it announced it was halting plans to build a second headquarters in New York City’s Long Island City neighborhood.
While local opposition celebrated the unexpected announcement, one supporter of the project — Mayor Bill de Blasio — was less than thrilled.
You have to be tough to make it in New York City. We gave Amazon the opportunity to be a good neighbor and do business in the greatest city in the world. Instead of working with the community, Amazon threw away that opportunity.
— Mayor Bill de Blasio (@NYCMayor) February 14, 2019
In a statement, Mayor de Blasio shared his disappointment in Amazon for its change of plans, in which the company essentially backed out of a $3 billion dollar tax incentive deal made with New York. The mayor puts the blame squarely on the e-commerce giant for failing to address locals’ concerns and taking the easy way out by dropping the move altogether. Read more…
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View More New York Mayor blames Amazon: ’You have to be tough to make it here’The joke’s on us: Amazon still made out like a bandit
Even when Amazon loses, it still wins.
The corporate behemoth announced Feb. 14 that it had abandoned its plan to open offices in Long Island City, Queens. In the face of local opposition to the proposed massive development and approximately $3 billion in government incentives, the company issued a statement bemoaning its newly found status as the unpopular kid in town — telling the world that it would take its ball and go home.
But here’s the thing: Even without New York bending over backward to accommodate its every helipad-laden whim, the company still made out like a bandit following the so-called HQ2 search. Because when it comes to Amazon, it’s all about that data — which in this case happens to be something government officials handed over in droves. Read more…
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Amazon cancels New York City HQ2 plans
It’s official: Amazon is cancelling its plans to open a new headquarters in New York City.
According to the New York Times, Amazon has decided to reverse course and not move forward with plans to make Long Island City in the New York City borough of Queens one of its new “HQ2” headquarter locations.
Amazon will, however, proceed with its HQ2 plans in Arlington, Virginia as well as a third location in Nashville, Tennessee. The AP reports Amazon will not be searching for a location to replace the New York City site.
SEE ALSO: Amazon, DoorDash will keep the controversial tipping policy Instacart just ditched Read more…
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View More Amazon cancels New York City HQ2 plansAmazon drops plans for New York HQ2
In a surprise turn, Amazon has announced that it’s pulling out on plans to open one of two HQ2 locations in New York City. The move follows much push back from local government and citizens, who have pushed back on the company’s proposed Long Island City location, cited tax breaks and Amazon’s long-standing anti-unionization policies. […]
View More Amazon drops plans for New York HQ2Mayor Bill de Blasio says bringing Amazon HQ2 to New York City is “mission critical”
During a state legislature hearing today, New York City mayor Bill de Blasio said it is “mission critical” that Amazon build HQ2 in Long Island City. De Blasio’s remarks come a few days after a report that widespread outcry from residents and local politicians alike have prompted Amazon to reconsider the move, which the company […]
View More Mayor Bill de Blasio says bringing Amazon HQ2 to New York City is “mission critical”Amazon reportedly rethinking HQ2 in New York City
Amazon’s second headquarters may not be coming to New York City after all.
According to the Washington Post, Amazon may be reconsidering its decision to open its long-touted HQ2 to the borough of Queens in New York City. Sources “familiar with the company’s thinking” told the Post that the reassessment comes following local opposition from politicians and activist groups.
Last November, Amazon announced it had chosen New York’s Long Island City and Arlington, Virginia as its locations for a second company headquarters. The Seattle-based company also announced a third location in Nashville. The selections came after a year-long competition with hundreds of cities vying for Amazon’s favor. Read more…
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View More Amazon reportedly rethinking HQ2 in New York CityAmazon may be rethinking its New York City headquarters
Amazon’s decision to open HQ2 in New York City has been a controversial decision since day one. The company has been championing the estimated 25,000 jobs the move could bring to the metropolitan area, while citizens and local government officials have balked at promised tax breaks and the added strain on housing and an aging infrastructure. […]
View More Amazon may be rethinking its New York City headquarters