Re:NY state tax break is $48k per Amazon HQ job
by zjaffee on Wednesday November 14, 2018 @08:19PM
(#18456054)
This is why HQ2 is in Long Island City though, because that's how economic development programs work. Cities give incentives to minimize the risks involved in locating in a less desirable location.
It absolutely would've been smarter for amazon to remain in midtown like they currently are since it would be much easier to recruit from the suburbs many existing tech workers live in, but they would've lost over a billion of the incentive dollars they got in the process.
It absolutely would've been smarter for amazon to remain in midtown like they currently are since it would be much easier to recruit from the suburbs many existing tech workers live in, but they would've lost over a billion of the incentive dollars they got in the process.