Sections SEARCH Skip to content Skip to site index New York Subscribe Log In Log In Today’s Paper New York | Amazon’s Retreat on New York City Headquarters Followed Unexpected Backlash Supported by ByJ. David Goodman Feb. 14, 2019 [What you need to know to start the day: Get New York Today in your inbox. ] Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash from lawmakers, progressive activists and union leaders, who contended that a tech giant did not deserve nearly $3 billion in government incentives. The decision was an abrupt turnabout by Amazon after a much-publicized search for a second headquarters, which had ended with its announcement in November that it would open two new sites — one in Queens, with more than 25,000 jobs, and another in Virginia. Amazon’s retreat was a blow to Gov. Andrew … [Read more...] about Amazon’s Retreat on New York City Headquarters Followed Unexpected Backlash
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By Christopher Mims WSJ Fri., Feb. 15, 2019 Amazon.com Inc.’s abandoned plans for a New York City headquarters may have prompted mixed reactions in the Big Apple, but for the rest of the country, it’s good news. In its announcement, the company said it would continue to invest in its 17 other North American corporate and tech hubs, as well as its forthcoming expansions in Northern Virginia and Nashville. Setting politics and any immediate fallout aside, the decision could significantly benefit America’s tech economy in the long run, say experts in regional economic development. The answer to overcrowding in Seattle and Silicon Valley wasn’t to build yet another tech headquarters in an already crowded city like New York, but to spread out. The best situation of all, they argue, would be if Amazon were to distribute its intended 25,000 New York jobs across these other sites, where it already employs more than 20,000 people. Amazon could face … [Read more...] about Why Amazon’s New York U-Turn Is Good for America’s Tech Economy
caption Jeff Bezos. source Isaiah Downing/Reuters Amazon has canceled its plans to open HQ2 in New York City, the e-commerce giant announced on Thursday. The decision comes after months of backlash from some New Yorkers and local politicians. Here is a step-by-step look at how Amazon’s New York HQ2 plans fell apart. Amazon’s much-hyped and frequently criticized New York City HQ2 plans have been canceled. On Thursday, the e-commerce giant announced that it would not be moving forward with its plans to build a headquarters in Long Island City, Queens. Read more: AMAZON CANCELS NEW YORK HQ2 “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company wrote in a blog post. While there had been reports that Amazon was reconsidering building HQ2 in New York following local backlash, the announcement came … [Read more...] about Amazon canceled its New York City HQ2 plans. Here’s everything we know about how the massive deal unraveled.
source Mario Tama/Getty Images Two passengers reportedly fainted after breathing harmful fumes in a New York City subway line, the New York Daily News first reported Tuesday. The line was closed for hours while crews worked to find the source of the smell. The L train is a hot-button issue for strap-hangers recently after Gov. Cuomo made a snap announcement in January that it wouldn’t have to close for 15 months as planned. A major New York City subway line between Manhattan and Brooklyn was shuttered Tuesday after two passengers fainted amid a noxious smell. The L train – one of the most advanced, but also one of the most hated trains in the system – has been suspended between the two boroughs Tuesday afternoon after track workers saw an unknown substance “bubbling” up at a Brooklyn station, according to the New York Daily News. A Business Insider reporter confirmed it has smelled like … [Read more...] about A controversial New York City subway line was shut down after passengers reportedly fainted from strong fumes
New York City Mayor Bill de Blasio made national headlines this week when he announced a plan to spend $100 million a year to provide health care for 600,000 uninsured, low-income and undocumented immigrant New Yorkers. But the initiative raises more questions than answers: Just how will the plan work, and would that sum -- which comes out to a modest $170 per person -- really be enough to pay for what sounds like a massive increase in benefits? Details during the announcement on national TV, then later at a news conference at Lincoln Hospital in the Bronx, were sparse. But as Elisabeth Benjamin, vice president of health initiatives at New York City's Community Service Society, pointed out, New York City may have a head start when it comes to providing health care for low-income and undocumented residents that makes the plan more feasible than it would seem otherwise.That's because the plan, called NYC Care, builds on the city's existing public-option health insurance program called … [Read more...] about New York City experiments with health care for all