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Of course. You have a good paying job so why should you insist that people who dont should be equipped so that they too could get this. Subsidies for Amazon could have led the gov't to have Amazon open up pathways for non traditional sources for tech workers. They dont have such leverage with Google, so Google will poach and bring in transplants and the vast majority of NYC residents will remain excluded from anything other than aspiring to pack boxes at an Amazon facility.
NYC just let a small group of vocal folks hurt a huge lucrative opportunity for the masses with jobs, development and growth. Hopefully this won't be a precedent
Yes the same folks who pay $3k for a 1BR in LIC and screaming about being "progressive". How many black friends do these people have, because if they did they would know that blacks as a whole weren't negative towards this product. So their pretense that this was for some larger social good is hypocritical.
I wonder what Queensbridge thinks, they're prolly crushed
Smh
Yeah. They were supposed to open up a computer/job skills learning center at Queensbridge with hopes of future jobs to the participants if they do well. That's something to look forward to. I feel bad for them. As well as the businesses in the area that were expecting new customers and increased revenue as a result.
Amazon is a private business and they can do whatever they want. If NYC says they are not welcome here they can just go and set up shop somewhere else. NYC is not the be all end all and not the only city in the US with requisite number of professionals. Literally any other place would bend over backwards to have this amount of private investment, jobs, and new tax revenue.
And in fact NYC will soon find that out as it prices itself and regulates itself out of its world. When the Fortune 500 fled NYC the city suffered. The same will happen again.
Yeah. They were supposed to open up a computer/job skills learning center at Queensbridge with hopes of future jobs to the participants if they do well. That's something to look forward to. I feel bad for them. As well as the businesses in the area that were expecting new customers and increased revenue as a result.
I don't feel bad for the real estate speculators though - they will take a big haircut on their bets but such is the nature of speculation
It sets a bad precedent. Google came here with NO incentives for "high paying jobs", so why in the hell should Amazon get incentives to come here? !!
This city has a huge problem and that is a huge part of its labor force lack the skills to compete with its emerging industries. By providing tax incentives Amazon could have been coerced to work with the city to provide ladders of opportunity by upgrading the various educational and skills development training which exists.
They could have also coerced Amazon to integrate with the surrounding business ecosystem. They cannot tell Google what to do because they dont provide any incentives and so Google employs the same bunch of folks, most transplants and the small businesses which surround its facilities now being forced to close.
But I recall that you consider most NYers to be "ghetto" so plans to better align them to the emerging job opportunities you dont think appropriate.
I don't feel bad for the real estate speculators though - they will take a big haircut on their bets but such is the nature of speculation
Yea that's the only good thing about this. The egg on their face, hopefully they build more eyesore luxury housing in place of 25k jobs. That will show Amazon and benefit the community
I don't feel bad for the real estate speculators though - they will take a big haircut on their bets but such is the nature of speculation
No, that's the one group I don't feel all that bad for. They'll be ok. But I feel bad for the small business owners (restaurants, food/service vendors) that were expecting more customers and for the Queensbridge residents that were looking forward to the job training programs. Amazon was going to pay for computer science programs in various, local NYC high schools. Jeesh...!
Google also leases space, but Amazon would have had to make a capital investment. Harder to just pick up and leave, so their would be incentive to stay. This was short sighted. This could have propped up NY's budget, but now we can suffer for principal.
Principal means nothing when others will take advantage of the weakness.
Citi is probably getting screwed too, Amazon had promised to lease 1 Million Square Feet of the Citi Tower in LIC which Citi has been trying forever to move out of
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