Re:Facing opposition, Amazon reconsiders NY headquarters sit...
by wrsh07 on Thursday February 21, 2019 @09:41AM
(#19217143)
Sorry,I didn't see this until now.
Thanks for the response! I had misread your second point, thinking "housing crisis" was about prices being too high.
For tech companies: a huge number of major tech cos have offices in NYC. Most of them even have engineering offices. The ones that come to mind are Facebook, Google, Uber, Microsoft, eBay, Etsy, palantir, AppNexus, and yes, Amazon has offices here already.
I don't have any insight into the tax revenue issue, and I suspect that may be worse this year with the federal tax cuts. (I think there is some state-tax interaction, but I may be misremembering or misunderstanding)
Responding to your points.
1.) Most online rags and news reports describe it as "crumbling" so these aren't my words. I have no interest in being melodramatic, I'm merely relaying the portrait painted by most people reporting on the subway.
https://www.vice.com/en_us/article/gyk9m3/borough-hall-nyc-s... https://www.vice.com/en_us/article/vbmmym/the-history-behind...
https://www.businessinsider.com/a-marijuana-tax-could-help-f...
https://www.theguardian.com/us-news/2018/nov/20/new-york-cit...
2. You call BS. I call that article proving my point. You are having a market correction due to the mass exodus.
3. Name other major tech companies besides Amazon which hosed over the city and held them hostage for sweet heart deal?
I don't know one person that has said "oh I know, I'll move to NYC for a tech job" San Fransisco maybe. Austin? Definitely.
I just don't know how you can paint a billion dollar loss in tax revenue (2.3 billion state wide), and falling housing prices due to decrease in demand as a "boom"
The mere fact that NYC bent over backwards so far to attract Amazon is actually telling to me.