Amazon cancels HQ2 in New York

[mbrown2]

In these days where attracting companies in your state is a big deal....and after they landed Amazon they bitch and moan and push them out ....gentrification will happen in Queens regardless of Amazon.

https://www.nytimes.com/2019/02/14/nyregion/amazon-hq2-queens.html

 

[Chili Palmer]

They can thank that cabbage head, horse toothed Alexia Occasional Cortex. She’d rather not give them tax breaks to build there (Amazon doesn’t really need any), then have over 2000 employees (constituents) who will spend their money in the local economy and reap the taxes from that. You can lead a horse to water.....

 

[Sleek-Jet]

Atlas shrugged.

The problem with deep blue governers and mayors is they don't realize that wealth is mobile. And it responds very quickly to price signals. Cumo was grousing the other day that rich people are leaving his state and leaving no one to tax...

 

[Ziggy]

They can thank that cabbage head, horse toothed Alexia Occasional Cortex. She’d rather not give them tax breaks to build there (Amazon doesn’t really need any), then have over 2000 employees (constituents) who will spend their money in the local economy and reap the taxes from that. You can lead a horse to water.....

Stepping over a dollar to pick up a penny.
.

 

[Sleek-Jet]

They can thank that cabbage head, horse toothed Alexia Occasional Cortex. She’d rather not give them tax breaks to build there (Amazon doesn’t really need any), then have over 2000 employees (constituents) who will spend their money in the local economy and reap the taxes from that. You can lead a horse to water.....

This had little to do with her.

 

[Chili Palmer]

This had little to do with her.

She was the one who was making the most noise about it last month, so I thought she had a lot to do with it.

 

[DrunkenSailor]

That's a huge hit to the local economy. Their largest concern is gentrification? Queens is the 2nd largest borough in NY. There is no racial majority, 48% of the population is foreign born. Queens is the most ethnically diverse urban area in the world. Amazon doesn't change that.

The affordable housing folks have weighed in as well that new jobs would push housing prices up. Again I don't see the negative here. Average home price in Queens county is already over 700k.

I just can't figure out why a company coming in and paying 25k workers on average 100k a year while taking up 10mm sqft of office space could possibly be bad. That's 2.5bn a year in wages alone. I would think that NY, socialist or not, would be falling all over itself for the tax revenue and the potential development.

Why anyone in the administration would rally against this makes no sense to me. Who besided AC is against this?

 

[BONER]

Why anyone in the administration would rally against this makes no sense to me. Who besided AC is against this?

The Mayor, Bill de Blasio.

 

[Sleek-Jet]

She was the one who was making the most noise about it last month, so I thought she had a lot to do with it.

She might have squawked about it, but this was due to push back from NY City Council, Mayor and Governor.

 

[Havaduner]

This had little to do with her.

Either way, she seems happy they're not coming to New York.

 

[HB2Havasu]

I’m sure whoever was #2 in the bidding will be happy to accommodate the 2.5 Billion in wage and sales tax revenue that Amazon brings to the table. Who wouldn’t want that for their city? Just makes you shake your head at what the Blue Retards are capable of screwing up!

Socialism is great until you run out of other people’s money!

 

[lakemadness]

There were many cities in the top 20, mine included, that really wanted this. Put big effort in to it. Our city had a perfect site selected for it- like it was made for Amazon. Cities that really deserved something of this magnatude. It could have changed the direction of a city thats in the range of 10th-20th in size.

Amazon picks a place that doesn't really need an impact like they bring, one that doesn't really want them and fights it. Fuck Amazon and New York. Seriously. Fuck em.

 

[Instigator]

New Yorkers....
Let them eat cake made from the shit in their streets.

 

[2Driver]

This place desperately needs more commerce?

 

[Sandlord]

Bwaaaahaaaaaaa, Suck it NY.
Damn, some of the anchors on NY news channels are practically crying.
Some people who bought homes and apartments in anticipation of beating the inflated prices are fucked.

 

[was thatguy]

Good news is that somewhere else will benefit?

 

[thetub]

There were many cities in the top 20, mine included, that really wanted this. Put big effort in to it. Our city had a perfect site selected for it- like it was made for Amazon. Cities that really deserved something of this magnatude. It could have changed the direction of a city thats in the range of 10th-20th in size.

Amazon picks a place that doesn't really need an impact like they bring, one that doesn't really want them and fights it. Fuck Amazon and New York. Seriously. Fuck em.

agree 1000 percent

Jef Bozo made his bed now he can sleep in it dealing with these dems

it was all about the unions also. Amazon being against and NY for it

 

[Ouderkirk]

In these days where attracting companies in your state is a big deal....and after they landed Amazon they bitch and moan and push them out ....gentrification will happen in Queens regardless of Amazon.

https://www.nytimes.com/2019/02/14/nyregion/amazon-hq2-queens.html

Amazon NEVER had any intention of setting up shop in Long Island City...or anywhere else besides Washington D.C.

The whole point of it was that they were able to data harvest every community who submitted a proposal. All nice and formatted, collated, and analyized. THe best part is Amazon did none of the work in collecting or analyizing any of it. Quite the scam.

 

[RVR SWPR]

QUOTE:The pride and joy and future of the Democratic Party
" opponents of Amazon's planned presence in Queens was Congresswoman Alexandria Ocasio-Cortez, whose congressional district borders the district that includes Long Island City.

"Anything is possible," she tweeted on Thursday in response to Amazon's decision. "Today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon's corporate greed, its worker exploitation, and the power of the richest man in the world."

 

[RVR SWPR]

QUOTE CNBC
It’s unclear where the 25,000 jobs are going to go. Amazon may decide to double up on its investment in Crystal City, Va., but it may also send the jobs out toward Nashville.

 

[was thatguy]

QUOTE:The pride and joy and future of the Democratic Party
" opponents of Amazon's planned presence in Queens was Congresswoman Alexandria Ocasio-Cortez, whose congressional district borders the district that includes Long Island City.

"Anything is possible," she tweeted on Thursday in response to Amazon's decision. "Today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon's corporate greed, its worker exploitation, and the power of the richest man in the world."

Her definition of victory seems rather strange.

 

[RVR SWPR]

That's the problem New yorkers did not see coming.Amazon pulling out is a victory for her ilk.All New York should Research Amazon in Phoenix Az.Incredible,acres of concrete well maintained buildings,and parking areas full of employees cars 24/7.

 

[riverroyal]

Fyi
Amazon is building a 2.5 million sq ft distribution center right next to the border in sd.
This sorta slipped under the radar

 

[OldSchoolBoats]

None of the workers could afford to live there anyways!!

Sent from my SM-N960U using Tapatalk

 

[Sleek-Jet]

Amazon NEVER had any intention of setting up shop in Long Island City...or anywhere else besides Washington D.C.

The whole point of it was that they were able to data harvest every community who submitted a proposal. All nice and formatted, collated, and analyized. THe best part is Amazon did none of the work in collecting or analyizing any of it. Quite the scam.

I'm pretty cynical on this stuff, but if that was all Amazon was after; half-a-dozen programmers could have coded a web crawler to get that same information.

 

[Singleton]

Amazon NEVER had any intention of setting up shop in Long Island City...or anywhere else besides Washington D.C.

The whole point of it was that they were able to data harvest every community who submitted a proposal. All nice and formatted, collated, and analyized. THe best part is Amazon did none of the work in collecting or analyizing any of it. Quite the scam.

And what would they do with that data?
All the data in the packets is public record already.

 

[That Guy]

AOC is the best thing to ever happen to the Republican party......

 

[HNL2LHC]

Bwaaaahaaaaaaa, Suck it NY.
Damn, some of the anchors on NY news channels are practically crying.
Some people who bought homes and apartments in anticipation of beating the inflated prices are fucked.

Heard that on the news as well. I have no sympathy for them. I also wonder if sometimes the insiders played the game too.

 

[mbrown2]

Amazon NEVER had any intention of setting up shop in Long Island City...or anywhere else besides Washington D.C.

The whole point of it was that they were able to data harvest every community who submitted a proposal. All nice and formatted, collated, and analyized. THe best part is Amazon did none of the work in collecting or analyizing any of it. Quite the scam.

Conspiracy much ? All of the data provided in the bids is public. Can't imagine they spent this much time for a data grab.

QUOTE:The pride and joy and future of the Democratic Party
"Anything is possible," she tweeted on Thursday in response to Amazon's decision. "Today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon's corporate greed, its worker exploitation, and the power of the richest man in the world."

Wow...New York can get use to more companies moving HQ1's out of the tri state area with these sorts of Victories...Wall street is already a shell of itself where most of these large sized banks are headquarted in Charlotte, San Francisco or New Jersey...

 

[DrunkenSailor]

Conspiracy much ? All of the data provided in the bids is public. Can't imagine they spent this much time for a data grab.



Wow...New York can get use to more companies moving HQ1's out of the tri state area with these sorts of Victories...Wall street is already a shell of itself where most of these large sized banks are headquarted in Charlotte, San Francisco or New Jersey...

All the desks are still based in NY though. When money moves its still guys in NY telling it where to go. They have lost a ton of the everyday work of being a financial center.

 

[Dan Lorenze]

25,000 promised jobs lost in NY. AOC is celebrating this and calling it a win for progressives. She has no idea what she is doing.

 

[mbrown2]

All the desks are still based in NY though. When money moves its still guys in NY telling it where to go. They have lost a ton of the everyday work of being a financial center.

Having worked in IT for Merrill and BAC I saw the number of desks and Bloomberg turrets move out of Wall Street and into other states. Although there are plenty of brokers on the floor actually making trades the backoffice folks that tell the traders how to manage their positions has been moving out of the state for some time.

All the desks are still based in NY though. When money moves its still guys in NY telling it where to go. They have lost a ton of the everyday work of being a financial center.

Having worked in IT for Merrill and BAC I saw the backoffice desks and Bloomberg turrets move away from wall street to neighboring states or Charlotte. Although there are traders on the floor making trades the backoffice folks that tell traders how to manage positions is based less in wall street than prior to 2008.

 

[DrunkenSailor]

Having worked in IT for Merrill and BAC I saw the number of desks and Bloomberg turrets move out of Wall Street and into other states. Although there are plenty of brokers on the floor actually making trades the backoffice folks that tell the traders how to manage their positions has been moving out of the state for some time.


Having worked in IT for Merrill and BAC I saw the backoffice desks and Bloomberg turrets move away from wall street to neighboring states or Charlotte. Although there are traders on the floor making trades the backoffice folks that tell traders how to manage positions is based less in wall street than prior to 2008.

Did you do any of the Bloomberg integration on their platforms? It always amazes me how quickly the guys with terminals can make moves.

 

[mbrown2]

Did you do any of the Bloomberg integration on their platforms? It always amazes me how quickly the guys with terminals can make moves.

Yes, back in 08 worked on some of the integration of the Turrets between bringing in Countrywide's secondary market turrets with BAC's trading desk's. Then came the Merrill integration but for the most part Merrill operated their desks separately to a great extent and then BAC started to adopt the Merrill Trading systems and setup. These systems were highly complex and literally had 0 tolerance for downtime and response time had to be nanoseconds versus your run of the mill call center applications.

 

[RVR SWPR]

Another Smoke Signal from Pocahontas.Campaign Contribution checks will be bouncing all over New York.
Quote:Washington Compost 2/15/19
Democratic 2020 hopeful Elizabeth Warren also celebrated the decision, tweeting: ".@Amazon – one of the wealthiest companies on the planet – just walked away from billions in taxpayer bribes, all because some elected officials in New York aren't sucking up to them enough. How long will we allow giant corporations to hold our democracy hostage?"

 

[500bbc]

Another Smoke Signal from Pocahontas.Campaign Contribution checks will be bouncing all over New York.
Quote:Washington Compost 2/15/19
Democratic 2020 hopeful Elizabeth Warren also celebrated the decision, tweeting: ".@Amazon – one of the wealthiest companies on the planet – just walked away from billions in taxpayer bribes, all because some elected officials in New York aren't sucking up to them enough. How long will we allow giant corporations to hold our democracy hostage?"

She's just butt hurt about Pow Wow Chow not making the NYT best sellers list.

 

[mbrown2]

Another Smoke Signal from Pocahontas.Campaign Contribution checks will be bouncing all over New York.
Quote:Washington Compost 2/15/19
Democratic 2020 hopeful Elizabeth Warren also celebrated the decision, tweeting: ".@Amazon – one of the wealthiest companies on the planet – just walked away from billions in taxpayer bribes, all because some elected officials in New York aren't sucking up to them enough. How long will we allow giant corporations to hold our democracy hostage?"

The SPIN starts.....careful by next week the left narrative will have Amazon likened to North Korea and Jeff Bezos as the next Harvey Weinstein....be interesting to see they way Amazon PAC money flows in the next election...

 

[Danger Dave]

Fyi
Amazon is building a 2.5 million sq ft distribution center right next to the border in sd.
This sorta slipped under the radar

They currently have close to 300 million square feet of distribution centers in the US.

 

[Sherpa]

Amazon has huge footprint in Virginia already. huge. so I thought it was odd they decided on NY for corporate. what the hell do I know. the corp offices
have high wages, educated employees, and regular staffing hours. the distribution centers would never be located in such a high-cost of living place.
makes zero sense. I too think OC is the great republican fixture. lol.

 

[rickym20]

Fyi
Amazon is building a 2.5 million sq ft distribution center right next to the border in sd.
This sorta slipped under the radar

I work for a sub contractor that has worked on a few of these west of the Rockies. Every time these come up to bid it gets us all excited for another opportunity. Worked on the ones in Salt lake,Fresno,Spokane,Eastvale,Rialto, Las Vegas and Bakersfield going on right now.

 

[Bobby V]

I work for a sub contractor that has worked on a few of these west of the Rockies. Every time these come up to bid it gets us all excited for another opportunity. Worked on the ones in Salt lake,Fresno,Spokane,Eastvale,Rialto, Las Vegas and Bakersfield going on right now.

Is the warehouse in Eastvale one of the new green trimmed Goodman buildings along the 15?

 

[rickym20]

Is the warehouse in Eastvale one of the new green trimmed Goodman buildings along the 15?

Yes, that one was the first one we got to work on a few years ago. Of those 2 buildings it would be the north one that has 3 floors inside and the roof. The one one the south was already existing when we started. I believe it is just a roof with some mezzanines.

 

[Bobby V]

Yes, that one was the first one we got to work on a few years ago. Of those 2 buildings it would be the north one that has 3 floors inside and the roof. The one one the south was already existing when we started. I believe it is just a roof with some mezzanines.

We just finished a large warehouse for a online clothing company that had a 3 floor steel pick module inside of a Goodman building in Santa Fe Springs. It was the size of a football field.

 

[Ol Man]

I think the funny thing about this is what AOC thinks. She believes they have gotten the best of Bezos and now has $5 billion to spend on stuff, rather than give to Amazon. The $5 billion she is talking about is the perk they were giving Amazon on a $25-30 billion dollars on total taxes they would be paying over 10 years. She is a real piece. So they lost out on about $25 billiion in taxes, 25,000 jobs and all that goes with the business and supporting companies in NY.

 

[jpf091959]

New York as a state advertised for years that they were the most friendly state for new businesses to move to, now the Amazon takes advantage of their offer and this AOC commy starts a campaign to shut it down. I hope all businesses leave leave NY, lets see how she deals with that.

 

[Uncle Dave]

I think the funny thing about this is what AOC thinks. She believes they have gotten the best of Bezos and now has $5 billion to spend on stuff, rather than give to Amazon. The $5 billion she is talking about is the perk they were giving Amazon on a $25-30 billion dollars on total taxes they would be paying over 10 years. She is a real piece. So they lost out on about $25 billiion in taxes, 25,000 jobs and all that goes with the business and supporting companies in NY.

she babbles on about litany of ways to spend the billions - she/they didn't get -

pay teachers more money, bah blah blah - with no realization of where the money comes from (because she's a socialist )

In rough term, its a 3-5B ask to bring in 25-30B. No deal =0 money.

You just walked away from 30B over 5.

She thought her chunk of the world can demand a list price deal - and Bezos demonstrated it didn't.

The whole place noped itself out of any deal. Which is ok if thats what you really wanted - but don't sell me on the sour grapes of a 25B deal you lost.


UD

 

[500bbc]

she babbles on about litany of ways to spend the billions - she/they didn't get -

pay teachers more money, bah blah blah - with no realization of where the money comes from (because she's a socialist )

In rough term, its a 3-5B ask to bring in 25-30B. No deal =0 money.

You just walked away from 30B over 5.

She thought her chunk of the world can demand a list price deal - and Bezos demonstrated it didn't.

The whole place noped itself out of any deal. Which is ok if thats what you really wanted - but don't sell me on the sour grapes of a 25B deal you lost.


UD

Pure gold right there, she's ready to spend the tax incentive that is saved by not giving the tax incentive...

 

[regor]

 

[Royally PO'd]

What strikes me as so ironic, is the libturds are to ignorant to even know how stupid they are ...