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.
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.