Excellent news. I love the confidence. LIC is about to be on another level. May the boom be strong, and crush those who oppose!
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A few consequences are obvious. Long Island City will be awash with tech types who are insufferably young and highly paid. Also with dogs (6,000 of them show up at the Amazon office in Seattle every day). The price of lunch, rent, and laundry will continue to rise. Waterfront parks will get more crowded. Less predictably, a new Amazon campus could also trigger some new transit patterns that exclude Manhattan completely.
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Excellent. Dogs > cats, so this is a proud move for the booming dog population of LIC.