Re:Amazon Pulls Out of Planned New York City Campus
by erentz on Thursday February 14, 2019 @01:43PM
(#19164574)
No because NYC doesn't need Amazon to be a large, thriving city with all the agglomeration benefits large cities have. Because it already has all those things. Amazon arguably needed NYC more than NYC needed Amazon.
On the other hand, smaller, not thriving cities may have indeed benefited from attracting an Amazon. But it's a bigger debate whether they would benefit more than the cost they might've had to pay to attract an Amazon.
Do we even have an example on record of a state or city making huge concessions to attract a company and it "completely reviving a city and building up a new ecosystem that funnels in new wealth and new money"?
On the other hand, smaller, not thriving cities may have indeed benefited from attracting an Amazon. But it's a bigger debate whether they would benefit more than the cost they might've had to pay to attract an Amazon.
Do we even have an example on record of a state or city making huge concessions to attract a company and it "completely reviving a city and building up a new ecosystem that funnels in new wealth and new money"?