Re:NY state tax break is $48k per Amazon HQ job
by nine_k on Wednesday November 14, 2018 @09:15PM
(#18456312)
> Will Amazon help to pay for the transit and housing required by their move
In a sense, it will, in the form of the salaries it will pay to the employees using said housing and transit.
One might say that MTA operates at a loss and is subsidized, but this is a known problem of MTA being anything but frugal.
Realty prices in NYC / Brooklyn / Queens are not exactly low, and new construction is incessant everywhere (which is good). Paying renters or even buyers, the new Amazon employees, will finance their part of that.
Will Amazon help to pay for the transit and housing required by their move? Because they're sure paying less than they would have if not for the incentives.
[0] https://news.ycombinator.com/item?id=18443624
[1] https://news.ycombinator.com/item?id=18445241