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In case you've missed it; Mr. Andrew Cuomo/NYS is going to get the land for Amazon in LIC one way or another. Please keep up.
Same ways they did for Hudson Rail Yards, Columbia University and a host of others. New York State has some of the most powerful eminent domain laws in the nation which stink if you happen to own the property being sized, but is great for those the state is giving the gift of your property.
Pick one; Lincoln Center, Stuyvesant Town-Peter Cooper Village, and many others places all were built on land acquired by the state via eminent domain. Robert Moses made extensive use of that process to bulldoze entire neighborhoods (including what became Lincoln Center), until he was finally stopped.
The "Bezos Boys" aren't stupid; by teaming up with Cuomo to do an end run around NYC's complicated (and costly) land review process Amazon will get that land at far less than it otherwise would have to fork over.
Yea yea yea.. I worked in NYC, specifically, LIC for several business trips over several years. Sorry but Bezos is making a HUGE mistake but not as big as Gov Cuomo. He needs to take a trip to Seattle and visit Amazon's locale. It didn't turn out as anticipated. All that damn tax incentives when NYC/NY has a huge income gap. $150K/year? State AND CITY income tax. What do those hi-rise condos and rentals recently built in LIC costs?
And I'm not jealous. Bezos has a ton of capital invested in my home state, from Whole Foods, to his spaceship platform, to a huge windfarm, to AWS and last to 11 fulfillment centers alone in my metro area.
In case you've missed it; Mr. Andrew Cuomo/NYS is going to get the land for Amazon in LIC one way or another. Please keep up.
Same ways they did for Hudson Rail Yards, Columbia University and a host of others. New York State has some of the most powerful eminent domain laws in the nation which stink if you happen to own the property being sized, but is great for those the state is giving the gift of your property.
Pick one; Lincoln Center, Stuyvesant Town-Peter Cooper Village, and many others places all were built on land acquired by the state via eminent domain. Robert Moses made extensive use of that process to bulldoze entire neighborhoods (including what became Lincoln Center), until he was finally stopped.
The "Bezos Boys" aren't stupid; by teaming up with Cuomo to do an end run around NYC's complicated (and costly) land review process Amazon will get that land at far less than it otherwise would have to fork over.
Quote:
Originally Posted by Adhom
I think it's funny how people talk about these Amazon jobs in a vacuum. These are going to be high tech jobs for people with computer science backgrounds. Show me where the huge tech work force is in Nashville right now. New York City already has a lot of tech professionals so Amazon doesn't have to start from scratch.
What does that tell you that AMZ is putting 5,000 jobs in a city that you say doesn't have IT? NY IT has some scale no doubt but Boston would have been a better choice. NYC may have a lot of tech staff but aren't they already employed? If I am some of those employers, I'm raising compensation by 2020 to pre-empt poaching by Amazon. It was a big mistake to be in NYC.
Which is fine but advocating for the largest and most cosmopolitan city in the western hemisphere to be open fields and ranch homes is ridiculous.
Wrong on both points. Size wise, Lima, Sao Paolo and Mexico City are larger than NYC. Most cosmopolitan? Well, for sure ONE of the top ones but that's subjective.
What does that tell you that AMZ is putting 5,000 jobs in a city that you say doesn't have IT? NY IT has some scale no doubt but Boston would have been a better choice. NYC may have a lot of tech staff but aren't they already employed? If I am some of those employers, I'm raising compensation by 2020 to pre-empt poaching by Amazon. It was a big mistake to be in NYC.
Amazon is obviously in this for the long haul with choosing LIC (and Virginia for that matter), for their H2Qs.
It will be years before either is built, up and running including staffing. Many of us posting now will either be dead and or otherwise beyond caring before these new locations reach full potential decades into the future.
NYC may or may not have a strong IT/tech native population *now*, but it is working on that issue. What will happen after mayor de Boob is gone and generations into the future is anyone's guess. However Amazon, like Google, and every other large business in this city can easily recruit from elsewhere both nationally and internationally.
Wall Street/finance sector hires people not just from NYC but entire country or world. Top NYC hospitals hire doctors and nurses from all over the country. The poorer ones rely heavily upon immigrant doctors, but that is a complicated hot mess.
The only protected employers here are city and state civil service jobs which come with residency requirements. Everything else is fair game.
Again Amazon likely chose NYC because in part it is a world class city where everyone wants to be; as such they will have no problems recruiting.
Main fly in tech sector employment or whatever for NYC is the equality/SJW brigade who insist on all forcing companies into all sorts of give backs (including hiring) for certain sectors of native NYC residents.
An 816 billion network company is not looking for the cheapest location. Nor are they a social service organisation that exist to lift up decayed smaller cities. From a business standpoint, obviously Amazon knows what it is doing. They were expanding in NYC long before they decided to split the second headquarters with DC.
The IT and computer science people are moving to NYC from all around the world, and many of them start out by studying at area schools.
Amazon may not be a social service Org, but the government is. NY State/NYC should not be giving Amazon incentives. They ought to nickel and dime Amazon to pay for services for the people. Places that do need Amazon want to give incentives, sure, but not NYC, or NY State unless it is Buffalo, or Rochester etc, etc.
Wrong on both points. Size wise, Lima, Sao Paolo and Mexico City are larger than NYC. Most cosmopolitan? Well, for sure ONE of the top ones but that's subjective.
The problem with depressed areas is infrastructure. Remember Wall Street west ?
After 9/11 Wall Street was thinking of replicating in the poconos.
Well not only were there no existing buildings available but the area lacked the infrastructure for large business . It did not have the sewage capacity , the electrical capacity in place . There were not enough supporting business in the area . Can you imagine a few thousand employees going to lunch ? They would get back hours later . most Roads were single lane and if grandma is out for a drive the whole staff may be late .
No public transportation was another big issue . You need an area with good public transportation
So you can’t just dump a big business in to a rural or drepressed area
Philly is rural now? Actually Amazon can build its own self sustaining building with all the electricity, plumbing, and food it wants anywhere.
NYC utilities are aging, and our infrastructure is worked to capacity, and we arent even charging Amazon as much as we could to come in.
Plenty of big cities have bad pub trans, or no one uses, and they do fine. Dallas, Houston, SoCal, LV everyone drives.
Depressed cities/states will do whatever they want to lure Amazon. NYC/DC should not. If NY State offers these incentives to go to Buffalo, I cool with that. Buffalo has plenty of food services to feed the employees. It is not like Amazon is moving 2.5 mil people. Plus I believe there is a hydro electric waterfall nearby.
Yes. As a part of the city officially moving on beyond the Wall Street era.
Amazon is traded on the stock market. It is a Wall Street company. Bezos is only worth what Wall Street bankers say they are willing to pay him for his shares.
The idea is to be able to attract talent instead of them going to competitors. Top graduates will get to choose what company they work for (and what city they live in). My sister took a job in Seattle in tech for about $30k less than a job in Kansas, because Kansas just wasn't attractive for her.
Dude they are an online retailer. They are a retailer. They sell small ticket items. What they need to "very best" of the "best and brightest" for? The only things they can compete in are pricing, customer service, and I guess their own cyber security.
Absolutely Correct.
But one can plan.
One can invest and partner up.
But no.......................
Greed prefers the quick turnover and walk away....................
In the end the old adage holds true:
Desperate times will call for Desperate measures.
When given the choice of no choice man will finally act...............
LOL no he isnt. You think this HQ2 is bringing in a 1 mil people. Even if they are, you dont think East River banks are already over crowded?
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