How Amazon decision of withdrawing HQ2 backfired in New York


Amazon has withdrawn its plan to build a new headquarters in New York City which was planned on November is facing a negative reaction from the community.

Amazon is one of the largest e-commerce company in the world was planning to create a massive headquarter in NewYork and promised to employee 50,000 people.

At that point, New York City won a large portion of the task, and everything turned out badly.

An Amazon spokesperson said in a statement, “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,”

Two cities had been selected by Amazon to split its work as its second headquarter called HQ2. Amazon decided that no city could provide 50000 techs worked and eventually had to split its hq2 plan in New York City and North Virginia. Each city would employee minimum 25000 worker.

Political disagreement

Many new york top politician including governor Andrew Cuomo framed this project as a massive opportunity that could profit the more extensive new york area. Making new york city as the center of innovation point that could really match silicon valley

After the arrangement was declared, be that as it may, commentators impacted the $1.525 billion in motivating forces New York offered to draw the tech behemoth and stressed that it would before long lead to long-term occupants being valued out of their homes. Dissidents rioted in Long Island City, scrutinizing the arrangement for being terrible for citizens and the neighborhood.

Amazon decision on Thursday left the politicians with great disappointment and frustration.

New York City Mayor Bill de Blasio said in a tweet on Thursday, “You have to be tough to make it in New York City. We gave Amazon the opportunity to be a good neighbor and do business in the greatest city in the world, Instead of working with the community, Amazon threw away that opportunity.”

Carolyn Bosher Maloney the U.S. Representative from New York’s 12th congressional district and a member of the Democratic Party wrote on Twitter, “The deal could have been improved. There were legitimate concerns raised and aspects that I wanted to be changed. I was ready to work for those changes, but now, we won’t have a chance to do that.”

Will new york city be still the same after losing a massive e-commerce company

“New York City today is a standout amongst the most powerful tech center points on the planet, yet there is no assurance we will keep up this status later on, which makes this news so frustrating,” said Julie Samuels, Executive Director, Tech:NYC, a non-benefit system of innovation pioneers in the city that considers Amazon apart.

We believe new york can gear up for the future as its the city that never sleeps.

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