The new headquarters would have brought at least 25,000 jobs in exchange for nearly $3 billion in tax incentives. On February 14, 2019, Amazon announced the company was canceling its plans to open a new headquarters located in Long Island City, Queens after political pressure from local and state lawmakers.
Search Results for: Amazon Headquarters
Council Members to Introduce Legislation to Prevent Deals Like Amazon HQ2
Following the announcement of New York City’s selection for Amazon HQ2, council members move forward with legislation to bring transparency to business deals. On November 30, 2018, Council Members Jumaane D. Williams, Brad Lander, and Jimmy Van Bramer announced their plan to introduce legislation aimed at preventing City officials from signing non-disclosure agreements, or NDAs, with corporations doing business with the City. The legislation is a response to deals similar to the Amazon HQ2 where … <Read More>