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NFT: Breaking: Amazon may pull out of LIC deal

DanMetroMan : 2/8/2019 11:47 am
per WaPo due to local opposition
It didn't seem like it was for the best.  
Ten Ton Hammer : 2/8/2019 11:48 am : link
.
Ideally rather than scrapping it,  
Mad Mike : 2/8/2019 11:52 am : link
the deal would be reworked to be more favorable to the neighborhood and city. Given how many cities were offering up sweetheart deals for Amazon though, that's probably pretty unlikely.
probably just Amazon  
giants#1 : 2/8/2019 11:52 am : link
putting some pressure on the NYC officials to keep some of the incentives in place...
Wonder  
Sammo85 : 2/8/2019 12:08 pm : link
where Amazon would redirect to if they do pull out?

RE: Wonder  
Anakim : 2/8/2019 12:10 pm : link
In comment 14290868 Sammo85 said:
Quote:
where Amazon would redirect to if they do pull out?


Probably to Lauren Sanchez
Come on back to Loudoun County...  
bradshaw44 : 2/8/2019 12:11 pm : link
Make my property value sky rocket.
RE: probably just Amazon  
jcn56 : 2/8/2019 12:12 pm : link
In comment 14290850 giants#1 said:
Quote:
putting some pressure on the NYC officials to keep some of the incentives in place...


Bingo!
I think they've made it pretty clear  
Section331 : 2/8/2019 12:57 pm : link
that they want to be in the NY metro area, I wonder if they'll try to re-engage Newark, if only to put pressure on NYC?
I really wish the news would stop characterizing incentives  
bhill410 : 2/8/2019 1:01 pm : link
As being equal to payments. Saying you are giving someone 3 billion dollars is far different than 3 billion worth of tax incentives and the like. You heard that during Newark pitch and joe on the street screams that xyz tax money would be better spent on the community without really being told that if they don’t come the tax base is 0.
word has it that jcn56  
ColHowPepper : 2/8/2019 1:05 pm : link
has rental properties in the area....

have family who live in LIC, pia to get there from Westchester, maybe if AMZN goes through, access will improve, or not
RE: RE: Wonder  
Jay in Toronto : 2/8/2019 1:29 pm : link
In comment 14290872 Anakim said:
Quote:
In comment 14290868 Sammo85 said:


Quote:


where Amazon would redirect to if they do pull out?




Probably to Lauren Sanchez


LOL Maybe he should have pulled out. Anyone got a picture of his hands????


Bezos - ( New Window )
RE: It didn't seem like it was for the best.  
lawguy9801 : 2/8/2019 1:58 pm : link
In comment 14290843 Ten Ton Hammer said:
Quote:
.


Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.
RE: RE: It didn't seem like it was for the best.  
jestersdead : 2/8/2019 2:01 pm : link
In comment 14291027 lawguy9801 said:
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In comment 14290843 Ten Ton Hammer said:


Quote:


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Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.

NYC politicians
AOC - ( New Window )
RE: I think they've made it pretty clear  
bluepepper : 2/8/2019 2:04 pm : link
In comment 14290940 Section331 said:
Quote:
that they want to be in the NY metro area, I wonder if they'll try to re-engage Newark, if only to put pressure on NYC?

Newark is one of the few places that bid that made sense to me. NYC has no trouble attracting businesses. Newark does. They've come back a long ways but the image lags badly. A big fish like Amazon would make it a lot easier for other companies to sell their employees,shareholders etc. on having an office in Newark.
No one has a problem with Amazon  
bluepepper : 2/8/2019 2:09 pm : link
in NYC. They have a problem with meeting the huge demands Amazon sets out in order to locate in NYC.
RE: RE: RE: It didn't seem like it was for the best.  
lawguy9801 : 2/8/2019 2:18 pm : link
In comment 14291033 jestersdead said:
Quote:
In comment 14291027 lawguy9801 said:


Quote:


In comment 14290843 Ten Ton Hammer said:


Quote:


.



Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.


NYC politicians AOC - ( New Window )


Evita of the Bronx. What a complete numbskull she is.
RE: RE: RE: It didn't seem like it was for the best.  
giant24 : 2/8/2019 2:22 pm : link
In comment 14291033 jestersdead said:
Quote:
In comment 14291027 lawguy9801 said:


Quote:


In comment 14290843 Ten Ton Hammer said:


Quote:


.



Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.


NYC politicians AOC - ( New Window )


Honestly if AOC wasn't so attractive would anybody really care what she has to say?
RE: No one has a problem with Amazon  
lawguy9801 : 2/8/2019 2:23 pm : link
In comment 14291040 bluepepper said:
Quote:
in NYC. They have a problem with meeting the huge demands Amazon sets out in order to locate in NYC.


Amazon took advantage of already existing incentive programs. No, AOC and her ilk flat out don't like Amazon and similar large companies, and see them only as piggy banks to be raided.
RE: RE: RE: RE: It didn't seem like it was for the best.  
mattlawson : 2/8/2019 2:26 pm : link
In comment 14291051 giant24 said:
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In comment 14291033 jestersdead said:


Quote:


In comment 14291027 lawguy9801 said:


Quote:


In comment 14290843 Ten Ton Hammer said:


Quote:


.



Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.


NYC politicians AOC - ( New Window )



Honestly if AOC wasn't so attractive would anybody really care what she has to say?


Dumb comment but yes.
Change her with Liz warren and it’s the same level of interest.
RE: RE: It didn't seem like it was for the best.  
BigBlueDownTheShore : 2/8/2019 2:59 pm : link
In comment 14291027 lawguy9801 said:
Quote:
In comment 14290843 Ten Ton Hammer said:


Quote:


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Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.


The normal citizens that live in the surrounding area of the Amazon facility, that will more than likely get pushed out of the area due to rising costs since they can't get 6 figure jobs there.

But who cares about normal people anymore.
RE: word has it that jcn56  
jcn56 : 2/8/2019 3:05 pm : link
In comment 14290949 ColHowPepper said:
Quote:
has rental properties in the area....

have family who live in LIC, pia to get there from Westchester, maybe if AMZN goes through, access will improve, or not


I was going to go with slumlord56 but it didn't have the same ring...

Moreso than rental/RE appreciation - I work in tech, and the more big tech employers in the NYC area, the better. The banks are going through their usual 'we made some money and a down cycle is coming so let's lay everyone off' routine, so the diversity would come in handy.
Time to watch all the NY pols moonwalk  
since1925 : 2/8/2019 3:08 pm : link
.
RE: RE: RE: RE: RE: It didn't seem like it was for the best.  
giant24 : 2/8/2019 3:10 pm : link
In comment 14291058 mattlawson said:
Quote:
In comment 14291051 giant24 said:


Quote:


In comment 14291033 jestersdead said:


Quote:


In comment 14291027 lawguy9801 said:


Quote:


In comment 14290843 Ten Ton Hammer said:


Quote:


.



Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.


NYC politicians AOC - ( New Window )



Honestly if AOC wasn't so attractive would anybody really care what she has to say?



Dumb comment but yes.
Change her with Liz warren and it’s the same level of interest.


You're comparing Elizabeth Warren with OAC? An accomplished academic, multi term senator with OAC who's last job was as a bartender? Again AOC has no accomplishments and with yesterdays Green New Deal presser debacle - again if she wasn't so attractive media wouldnt care about her.
RE: RE: RE: It didn't seem like it was for the best.  
Default : 2/8/2019 3:11 pm : link
In comment 14291090 BigBlueDownTheShore said:
Quote:
In comment 14291027 lawguy9801 said:


Quote:


In comment 14290843 Ten Ton Hammer said:


Quote:


.



Yeah - 25,000 six-figure jobs isn't for the best. Who would want those?

That anyone can oppose this boggles my mind.



The normal citizens that live in the surrounding area of the Amazon facility, that will more than likely get pushed out of the area due to rising costs since they can't get 6 figure jobs there.

But who cares about normal people anymore.


I happen to think that "Evita of the Bronx" does.
I watched the NYC Public Advocate debate and the Amazon  
Jim in Forest Hills : 2/8/2019 3:24 pm : link
deal was a huge part of it.

Apparently Amazon's footprint in other cities has had a less than favorable result. Seattle and another city really want them gone. No question the jobs are great, but there are some side effects that aren't readily apparent.
You guys know you're not supposed to get that political in here  
Ten Ton Hammer : 2/8/2019 3:27 pm : link
And yeah, the promise of "well paying jobs!" is always the carrot on the stick they use for sweetheart deals like this.
RE: I watched the NYC Public Advocate debate and the Amazon  
BigBlueDownTheShore : 2/8/2019 3:28 pm : link
In comment 14291126 Jim in Forest Hills said:
Quote:
deal was a huge part of it.

Apparently Amazon's footprint in other cities has had a less than favorable result. Seattle and another city really want them gone. No question the jobs are great, but there are some side effects that aren't readily apparent.


If they wanted to make a difference, they would pick a no name area, and build their own city. How cool would that be.

Newark made sense to me though. You can pull talent from NYC, NJ, and Philly. It's accessible to those locations.
It's not just LI  
Bill L : 2/8/2019 3:31 pm : link
Amazon wants to put a distribution center up here in a little ways from Albany but there's a lot of opposition now in that locale. The jobs it brings, though are not 6-figure, and apparently the placing a building there will disrupt the pastoral aesthetics of cars on blocks.
RE: I watched the NYC Public Advocate debate and the Amazon  
jcn56 : 2/8/2019 3:33 pm : link
In comment 14291126 Jim in Forest Hills said:
Quote:
deal was a huge part of it.

Apparently Amazon's footprint in other cities has had a less than favorable result. Seattle and another city really want them gone. No question the jobs are great, but there are some side effects that aren't readily apparent.


Seattle doesn't want them gone - they just don't want them to have the preferential treatment they get. The problem is Seattle has become extremely dependent on them. Having all your eggs in one basket is a problem - sort of the problem that NYC has with Wall Street.

The idea shouldn't have been to try to get the deal killed - it should have been to try to level it to the point where they weren't getting billions in incentives to set up shop. The problem is Amazon was likely only going to go to the highest bidder in that sense.

As for the politicians caring about the 'normal people' - don't kid yourselves. That area has been catering to big developers who have been pushing up luxury condos for quite some time, and have been eliminating anything remotely resembling affordable housing.
RE: You guys know you're not supposed to get that political in here  
Bill L : 2/8/2019 3:34 pm : link
In comment 14291129 Ten Ton Hammer said:
Quote:
And yeah, the promise of "well paying jobs!" is always the carrot on the stick they use for sweetheart deals like this.


It's not completely on them; it's as much on our governor who has made that a selling point. Not sure if it's true for Amazon, but he's made a few deals here where not just the company but even their employees are exempt from NYS taxes. SO, I think you've got the carrot in front of the wrong horse.
RE: It's not just LI  
jcn56 : 2/8/2019 3:35 pm : link
In comment 14291133 Bill L said:
Quote:
Amazon wants to put a distribution center up here in a little ways from Albany but there's a lot of opposition now in that locale. The jobs it brings, though are not 6-figure, and apparently the placing a building there will disrupt the pastoral aesthetics of cars on blocks.


The distribution centers are another matter altogether. Supposedly, working in one of those is an extremely shitty job that doesn't pay all that well, and at least one study I found suggested that salaries in the area where those centers were deployed actually declined after Amazon got there. Add the traffic/noise nuisance issues, I can see why nobody wants them there.
I don’t think this is a political comment  
bhill410 : 2/8/2019 5:29 pm : link
So please don’t take it as such; but part of the problem holistically in the tristate area is a somewhat lack of appreciation for the importance of large corporations to the local economy and just how quickly that base is eroding. In recent years NJ has lost a shocking amount of companies to the southern states and their ridiculous tax breaks and cheaper work force. With the nature of the work place changing, companies don’t necessarily need to be in this area any more. And the more of them that go the further our tax base erodes. It’s a little scary to think about frankly. That’s not to say corporations are right, but that they are by nature profit seeking entities and ammoral, so they will not hold any allegiance to a locale when a better one comes calling.
I agree  
kes722 : 2/8/2019 7:59 pm : link
Why would you come to NY/NJ when other states offer cheap labor and lower taxes
RE: RE: RE: RE: RE: RE: It didn't seem like it was for the best.  
section125 : 2/8/2019 9:19 pm : link
In comment 14291106 giant24 said:
Quote:


You're comparing Elizabeth Warren with OAC? An accomplished academic, multi term senator with OAC who's last job was as a bartender? Again AOC has no accomplishments and with yesterdays Green New Deal presser debacle - again if she wasn't so attractive media wouldnt care about her.


I'll take AOC's naivete over Warren's hubris and lies 6 days a week and twice on Sunday. And yes, she is a numbskull. I'm across the aisle and I enjoy her enthusiasm and fresh if unrealistic POV. She's just a middle schooler at heart, but she is fun to see and listen to. Can't take her seriously, but I enjoy her stirring up the pot on both sides....

And please this is not political...the kid cracks me up.
RE: I agree  
compton : 2/8/2019 11:32 pm : link
In comment 14291296 kes722 said:
Quote:
Why would you come to NY/NJ when other states offer cheap labor and lower taxes


Large companies that rely on innovation are increasing their footprint in urban areas. These companies feel that large urban areas offer innovation, human capital, energy, etc. Hell, when it comes to start ups, even Silicon Valley is losing out to the likes of NYC and Atlanta. It seem that Companies want to be in a major metropolis.
RE: I agree  
Gary from The East End : Admin : 2/9/2019 12:25 am : link
In comment 14291296 kes722 said:
Quote:
Why would you come to NY/NJ when other states offer cheap labor and lower taxes


Because it's difficult to get the high level talent you need in those places.

I was in Tennessee last week for USPAS. On Saturday, one of the top guys at Oak Ridge took me and a few other guys from BNL for a tour of the lab as well as hitting some Tennessee highlights.

All during the day, the recruitment pitch was like a low hum that was in the background of every conversation. There was more money with lower taxes and a lower cost of living. More opportunity for upward advancement. The association with UT made it easy to take classes there. Plus he showed us some really awesome rock climbing.

We all talked about it on the flight home but, while the offer was interesting, nobody really took it seriously because none of us wanted to live in Tennessee and even if we did, our wives would veto that idea right away.

This is exactly the issue Amazon or any other company is going to face if they want to put a major, tech center in one of those low cost/low tax places. It going to be difficult to get the quantity and quality of people needed to run the joint.
RE: RE: I agree  
BigBlueDownTheShore : 2/9/2019 7:14 am : link
In comment 14291451 Gary from The East End said:
Quote:
In comment 14291296 kes722 said:


Quote:


Why would you come to NY/NJ when other states offer cheap labor and lower taxes



Because it's difficult to get the high level talent you need in those places.

I was in Tennessee last week for USPAS. On Saturday, one of the top guys at Oak Ridge took me and a few other guys from BNL for a tour of the lab as well as hitting some Tennessee highlights.

All during the day, the recruitment pitch was like a low hum that was in the background of every conversation. There was more money with lower taxes and a lower cost of living. More opportunity for upward advancement. The association with UT made it easy to take classes there. Plus he showed us some really awesome rock climbing.

We all talked about it on the flight home but, while the offer was interesting, nobody really took it seriously because none of us wanted to live in Tennessee and even if we did, our wives would veto that idea right away.

This is exactly the issue Amazon or any other company is going to face if they want to put a major, tech center in one of those low cost/low tax places. It going to be difficult to get the quantity and quality of people needed to run the joint.


That’s why I thought Newark was a great location, you still get top talent, but don’t have to go into the NYC and on top of that your further building up a city. Newark becomes a premier destination to some and it’s a hell of a lot cheaper to live there.
RE: RE: I agree  
giants#1 : 2/9/2019 7:22 am : link
In comment 14291451 Gary from The East End said:
Quote:
In comment 14291296 kes722 said:


Quote:


Why would you come to NY/NJ when other states offer cheap labor and lower taxes



Because it's difficult to get the high level talent you need in those places.

I was in Tennessee last week for USPAS. On Saturday, one of the top guys at Oak Ridge took me and a few other guys from BNL for a tour of the lab as well as hitting some Tennessee highlights.

All during the day, the recruitment pitch was like a low hum that was in the background of every conversation. There was more money with lower taxes and a lower cost of living. More opportunity for upward advancement. The association with UT made it easy to take classes there. Plus he showed us some really awesome rock climbing.

We all talked about it on the flight home but, while the offer was interesting, nobody really took it seriously because none of us wanted to live in Tennessee and even if we did, our wives would veto that idea right away.

This is exactly the issue Amazon or any other company is going to face if they want to put a major, tech center in one of those low cost/low tax places. It going to be difficult to get the quantity and quality of people needed to run the joint.


That's why Amzn never considered TN. But, at least relative to NYC and DC, there were several "low cost" places that were considered that would still be a draw for many young, technologically savvy people like Austin, TX and research triangle NC.
RE: Wonder  
Alan in Toledo : 2/9/2019 9:42 am : link
In comment 14290868 Sammo85 said:
Quote:
where Amazon would redirect to if they do pull out?


Newark?
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