Amazon ditches New York HQ; no plans for new location

News
Amazon_HQ_New_York_97441-159532.jpg26876894

FILE – This Nov. 13, 2018 file photo shows a seagull flying while holding fish scraps near a former dock facility, with “Long Island” painted on old transfer bridges at Gantry State Park in the Long Island City section of the Queens Borough of New York. Gov. Andrew Cuomo warns that what he calls “political […]

NEW YORK (AP) — Amazon will not be building a new headquarters in New York, a stunning reversal after a yearlong search.

The online retailer faced opposition from some New York politicians, who were unhappy with the nearly $3 billion in tax incentives Amazon was promised. The Seattle-based Amazon had planned to bring 25,000 jobs to New York, and spend $2.5 billion building its offices.

“We are disappointed to have reached this conclusion — we love New York,” the company said in a blog post , adding that it has 5,000 workers in the city and plans to grow those teams.

Amazon said Thursday it does not plan to look for another location at this time, and will continue to build out offices in Arlington, Virginia, and Nashville, Tennessee.

Raleigh was in the running for the headquarters until it was split between New York and Northern Virginia. 

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Sponsored Content
Visit Buy Local

Trending Stories