Amazon cancels plans for HQ2 in new york

[C.]

Originally Posted by montréaliste

I'm pointing out that one person is making more money out of Amazon than tens of thousands highly paid workers for many years to come is all I am saying. Period. I am right and righteous to be right about it. Nah, not really.

She's not making more out of Amazon because of the divorce. The shares were always jointly earned by her and her now ex husband. She's also not selling the shares as Jeff is retaining voting proxy rights. So it's business as nornal.

[chris08876]

Amazon is eyeing a return to New York City

Amazon may have bid farewell to Queens, but it still “hearts” the Big Apple.

After walking away from a deal to build a headquarters on the Queens waterfront in Long Island City, Amazon is back to shopping for office space on Manhattan’s West Side, sources tell The Post.

The tech giant has been in talks with owners of two shiny new skyscrapers located just one block west of Penn Station — the newly built One Manhattan West and its soon-to-be sister project, Two Manhattan West, sources tell The Post.

The online retailer is seeking “at least 100,000 square feet or much more” — just to start, one well-placed source said.

Amazon, which already has 5,000 workers in NYC, had been “seriously” looking at Two Manhattan West prior to choosing Long Island City in November, a second source said. “That interest has returned over the last few weeks,” the source added.

Brookfield, which owns the two Manhattan West towers (and another at 5 Manhattan West, where Amazon is already a tenant), denied through a spokesman that it was leasing to the Seattle company. But multiple sources pointed to the company’s strict confidentiality agreements as a potential reason.

“We don’t comment on rumors or speculation,” an Amazon spokeswoman said.

At Two Manhattan West, Amazon is eyeing space at the top of the tower, sources said. The only issue is that the building, to be located on 31st Street and 9th Avenue, won’t be ready for tenants until 2022.

One Manhattan West, by contrast, will be ready for tenants to move in this fall, including a 250,000-square-foot space in the middle of the 67-story tower. The 250,000-square-foot space won’t be available long-term, but could satisfy Amazon’s space needs until Two Manhattan is ready, sources said.

Amazon pulls out of $3 billion deal to bring HQ2 to NYC
Amazon also is considering space in the US Post Office building across the street, known as the James A. Farley building — a Vornado development that will boast office space across five levels and will be ready for tenants next May, sources said.

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https://nypost.com/2019/05/27/amazon...ans-west-side/

[Crawford]

Great news, and hopefully crazy NIMBYs and their pandering politicans are tuned out.

[suburbanite]

Is it even really newsworthy at this point?

If massive tax incentives are no longer on the table for some campus-style HQ2, it seems like just another standard lease transaction in a development that was already underway regardless. Putting OAC's face on the article seems like click-bait, especially given that she essentially got what she wanted no? Amazon will continue adding to their NYC worforce without hefty incentives. The real losers are likely the developers of the LIC sites that will need to go back to pounding the pavement in search of lead tenants.

[mrnyc]

^ i would not exactly call long island city developers real losers lol. there is no problem developing around there. its as hot a neighborhood as there is, has been and will be for quite awhile.

[The North One]

lol this is not a return HQ2 this is the same satellite space they were always planning.

[mrnyc]

amazon has already leased in 5 mw and 1 mw doesn't need them. if they want to add more at yet to be built 2 mw we will see. even if they do lease out more at 2 mw or somewhere else it wont be anything like what they supposedly had planned for lic.

[suburbanite]

Originally Posted by mrnyc

^ i would not exactly call long island city developers real losers lol. there is no problem developing around there. its as hot a neighborhood as there is, has been and will be for quite awhile.

Losers in the short-term as they lost out on a rare opportunity to build everything at once. No doubt they will successfully move on and complete their individual projects for someone else later, but time is money when your holding land for development.

[mrnyc]

Originally Posted by suburbanite

Losers in the short-term as they lost out on a rare opportunity to build everything at once. No doubt they will successfully move on and complete their individual projects for someone else later, but time is money when your holding land for development.

amazon lic wasn't all going to be built at once.

[Via Chicago]

Originally Posted by suburbanite

Putting OAC's face on the article seems like click-bait, especially given that she essentially got what she wanted no?

you do realize we're talking about the NY Post right

[The North One]

Originally Posted by suburbanite

Is it even really newsworthy at this point?

lol funny how media can propagate outright lies, that space is nowhere near even a split hq2 and AOC is laughing since she ultimately won.

[Crawford]

Crains is reporting they're looking for 750k space at 2 MW, and have been eyeing additional space in Moynihan. So it's basically the same space requirements as in LIC, where they had a preliminary lease for 1 million sq. ft. at One Court Square.

So it's basically HQ2, except without all the hoopla. Fine with me. Of course, just like HQ2, Amazon is under no obligation to add 40k jobs or whatever was promised; those were benchmarks for accessing tax breaks.

Hopefully AOC has more important things to do than try and block new jobs. And since it's in Midtown, the impact will be kinda hidden. Would have been better in LIC, though.

[mrnyc]

per the post:

Per the Post’s sources, the company is looking at two different spots in the Manhattan West megaproject: a 250,000-square-foot space in One Manhattan West, and a longer-term space “at the top of” Two Manhattan West. Developer Brookfield Properties is still on the hunt for an anchor tenant for the latter skyscraper, which is scheduled for completion in 2022.

https://ny.curbed.com/2019/5/28/1864...manhattan-west

so i guess like all things amazon hq2, what they actually do remains to be seen.

[sammyg]

AOC even said that she was fine with the HQ in LIC, as long as there were no tax subsidies. So she lost the new jobs in her district, but kept her existing residents from bearing the cost. Let's see if it was worth it.

[the urban politician]

Originally Posted by Via Chicago

you do realize we're talking about the NY Post right

Which is just as biased as the NYTimes

[iheartthed]

NY politicians weren't the ones who killed HQ2, Amazon did.

But Michael Gianaris is the politician who did the most to rattle Amazon. AOC had no legislative power in the situation.

[the urban politician]

Amazon's HQ2 debacle will go down as one of the greatest scams in American corporate history

[Via Chicago]

Originally Posted by the urban politician

Which is just as biased as the NYTimes

NY Post wouldnt even be accepted as a credible 1st party source in a high school journalism class but i digress

[YSL]

Bezos loves NY

Jeff Bezos Buys Fifth Avenue Condo Spread for Around $80 Million
The Amazon CEO is finalizing the purchase of three units at 212 Fifth Avenue near Madison Square Park

https://www.wsj.com/articles/jeff-be...66b7bb3e96d23f


Anyway, NY was dumb for not offering those subsidies for Manhattan. Hudson Yards would be the perfect place for Amazon and I don't think it would have riled the proletariats up if it were in Manhattan instead of Queens.

[Hudson11]

calling the rabble who destabilized the deal proletariats is an insult to Marx and Engels.