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What you say is true, but there are areas in the country that could have handled this influx and benefited much more from this than NYC or NOVA. I’m thinking specifically brawny rust belt or former rust belt cities that have outsized infrastructure for their current population, a formerly much larger population, surface parking lots breaking up parts of downtown due to disinvestment that are easy sites to fill back in, and often strong cultural and higher education institutions that are endowments from their better days.
Amazon didn’t go that route but some its candidate list as well as some of its actions among some of its branches in terms of recruiting makes it seem like they were at least considering that direction. There are myriad potential advantages with going that route, but apparently they weren’t enough.
Exactly,
The Wall Street bankers have kids who will need some high paying jobs in a high profile company. These bankers either want to be near children, or their children dont want to leave. So they tell Bezos to move here. Bezos need these bankers to make him the wealthiest person in history. He will definitely listen.
As a business I would want to go where I had to put as little work in to infrastructure as I could , especially things like sewer and power capacity which were beyond my control .
Then you have to worry about others getting business’s started and ready on your time schedule . Then how long do you think a viable transportation system would take if that was important ? .i am sure lots of other areas were looked at before considering high cost nyc .
Amazon is not bringing in 500K people, and Queens, East River, and Manhattan are already overcrowded. Services are maxed out here.
Amazon isn’t a charity. They are a multi billion dollar business looking to GROW and expand their reach and influenced. They do that by hiring the best and brightest.
You’re forgetting the big reason for them locating to nyc, talent. Nyc has a lot of top talent for other companies and industries they can poach. It doesn’t matter that these professionals came from elsewhere initially, what matters is that they are here NOW and can quickly and easily start working for Amazon instead factoring having to relocate themselves and their families. Amazon knows what they are doing. There is a very strategic reason they picked the business capital of this country and arguably the business capital of the world.
Oh but our state government and city is a charity
Its not talent. Talent? Amazon sells small ticket items over the intrawerbz.
Its not the NFL, or NHL. Retailers compete in prices, customer service, location, and I guess in Amazon's case, cyber security.
On top of that, Why are we giving them incentives if they need this talent so badly?
I’m already getting robo calls to sell or refinance for my property in Brooklyn by the G train.
People don’t get it, everybody thinks the prices are expensive now. With inflation in another 20 years everything in the city will be worth over a million. Everything
NYC is a world class city. Amazon is just a drop in a bucket, more businesses especially tech will continue to set up shop here.
Only the uneducated, low income folks fail to see what’s been happening and trying to fight inevitable progress.
Long gone are the days when you have to located in certain cities. Technology allows for us to spread out.
NYC is world class in terms of rich bankers who are essentially holdovers from that long gone era of low tech that forced us to concentrate.
Some tech company you must be if you have to be near a certain city and in turn meaning you have to be near certain people.
While prices have gone up a lot but I think rents won't go up through the roof. That's because there are lots of rental units being put up and you don't need to live in LIC to get there. This isn't like CA or Seattle where you are forced to live nearby work because driving into Seattle is impossible in the morning.
You can commute to LIC from CT, NJ, LI, and even PA. I know lots of people who are foolish enough to daily commute from PA to NYC.
Working at Amazon doesn't mean you must get into office everyday, they fully support telecommute.
You realize the traffic is already very bad even without Amazon in LIC coming from NJ, CT, LI, PA.
If they can telecommute, and want NYC's "Talent", then they can move to White Plains. It wont matter.
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.
No. Apples to apples is metro area or urban core. Lima, Sao Paolo, and Mexico City are by any reasonable estimation (like the physical area of Boston being tiny making it so Jacksonville is somehow a much larger city—pfft). Try making a definition of more cosmopolitan where those cities you’ve listed are more cosmopolitan than NYC. C’mon, give it a try.
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.
Small ticket items sold in large volume. Actually you have Amazon cloud services, Amazon rents out it's cloud to other corporations, government agencies, and universities. Amazon cloud services are enormously profitable and for that they do indeed need the best and the brightest. Bezos, currently the world'd richest man, knows what he is doing. In terms of cloud computing Amazon currently beats out Google and Microsoft.
Companies like Netflix and Airbnb don't have much in the way of their own IT infrastructure. They are renting Amazon's cloud.
Long gone are the days when you have to located in certain cities. Technology allows for us to spread out.
NYC is world class in terms of rich bankers who are essentially holdovers from that long gone era of low tech that forced us to concentrate.
Some tech company you must be if you have to be near a certain city and in turn meaning you have to be near certain people.
Business is about RELATIONSHIPS and something will always have to be done face to face. Personal relationships will always matter in business, as do connections of various times.
Amazon Web Services: AWS is Amazon's cloud computing division. While trying to build its own infrastructure, Amazon realized it could offer Infrastructure-as-a-Service (IaaS) to other companies as well, and is now Amazon's most profitable business.
Fulfillment by Amazon: FBA allows small merchants to use Amazon's warehouse capacity, order fulfillment operations, and its customer service team. FBA stemmed from the growth of Amazon Marketplace, the fixed-price online marketplace that allowed third-party merchants to sell items on Amazon. Amazon taking control of the operations allowed it to provide a better customer experience for shoppers as well as solve pain points for merchants.
Amazon Prime: Prime is Amazon's loyalty membership program, which started with a flat fee for two-day shipping. Amazon has slowly added more and more benefits to the program such as video and music streaming, free e-book rentals, exclusive products, and more. With the acquisition of Whole Foods, Prime will become the loyalty program for the grocery chain as well.
Amazon Prime Video: A video-only offering of Prime available in markets without Prime shipping benefits as well as the United States.
AmazonFresh: AmazonFresh is Amazon's online grocery ordering and delivery service. The rollout of the service has been very slow, reaching just a few cities in the decade since its initial launch.
Amazon Advertising: Amazon's digital advertising platform for selling more products, boosting online traffic, and/or increasing app downloads. The platform has quietly turned into one of the largest online advertising businesses in the world.
Amazon Pay: A system that allows other online merchants to authenticate customers and use the shipping and payment information on file at Amazon to check out quickly.
Amazon Kindle Store: Amazon's e-book store built into all of its Kindle devices.
Amazon Music and Amazon Video: Amazon's digital media stores for downloading movies or music for devices like Fire TV or Echo speakers.
Amazon Music Unlimited: Amazon's subscription music service. There's a low-priced Echo-only option.
Amazon Prime Air: Amazon's experimental delivery service, in which it's developing a network of manned and unmanned cargo carriers.
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