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Old Posted Nov 9, 2018, 7:15 PM
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Quote:
Originally Posted by mrnyc View Post
in lieu of a new campus, the post alludes to amazon fitting around into existing lic buildings such as the citicorp tower:

https://nypost.com/2018/11/06/where-...orkers-end-up/

Yeah, posted that earlier. The Citigroup building would seem obvious because of so much space there, even if it were only temporary.



https://amp.slate.com/business/2018/...york-city.html

Relax, Amazon and Google Can’t Ruin New York City

By Henry Grabar
Nov. 9, 2018


Quote:
The ever-changing composition of New York City’s private sector is one context in which to digest the news that Amazon is likely to move as many as 25,000 workers to Long Island City, Queens, and Google has plans to acquire space that would allow the Mountain View, California, company to more than double its workforce to nearly 20,000. In the middle of the East River, the campus of Cornell Tech, intended to do for New York what Stanford does for the Bay Area, opened last fall.

It feels like New York became a tech capital overnight.


That’s in part thanks to the brouhaha over Amazon’s HQ2 search. It’s also because, for the first time, New York is starting to see (or at least contemplate) the physical impact of that job growth. For Amazon, that may mean the transformation of a post-industrial area or a rail yard into a corporate campus, following the company’s model in Seattle. For Cornell, it’s a blocky white tower visible from all points south. WeWork recently surpassed JPMorgan Chase to become the city’s largest officeholder with an astounding 5.2 million square feet, planting its logo on buildings citywide.
Quote:
But the reality is that New York already is a tech capital. Tech-sector employment jumped by 57 percent between 2010 and 2016 to reach nearly 130,000 jobs. Google and Amazon aren’t creating the trend; they’re reacting to it. Proof of the city’s inherent value: Both Google and Facebook say they have built New York headquarters without state subsidies—just as Amazon seeks a break.
Quote:
One reason you might not have realized this was happening is that most tech companies in New York have operated like Google and Facebook, leasing and renovating space in older buildings rather than creating, like older corporate titans, landmarks of their own. In that way, the boom has been sneaky, taking over New York from inside the buildings that have been here for decades. Amazon may put an end to that trend.

Only San Francisco and San Jose register more tech patents than New York City, and New York state is second behind California in its number of billion-dollar “unicorn” startups.
Quote:
In the long run, it’s definitely a good thing for New York, with its dependence on income taxes, to secure tens of thousands of new six-figure jobs. The city is in the midst of its largest and longest period of job growth since the Second World War, but that won’t last forever. And it seems particularly smart because of the way that tech is steamrolling other sectors of the economy, some of which have long been important players of New York. Google and Madison Avenue; Amazon and … well, every other business in town. That’s happening whether those companies are here or in Dallas. How long before algorithms come for the city’s tens of thousands of finance jobs?
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.