Re:Did New York Lose Anything with Amazon’s Rejection? It’s ...
by bogomipz on Friday February 15, 2019 @10:28AM
(#19171628)
And NY can allocate that 505 million dollars they were going to give to Amazon in the form of a capital grant for something that will benefit the public like infrastructure.
>"Now the city receives $0."
No, now the city receives zero from Amazon. Or another way to look at it is Now Amazon will get zero access to NYC's talent pool. Meanwhile Google is quietly adding 12K new jobs at a new building in Manhattan and doing so without asking for subsidies or incentives. These will be tax revenues that NYC and NY state didn't have to pay to get. NYC will be just fine.
>"Now the city receives $0."
No, now the city receives zero from Amazon. Or another way to look at it is Now Amazon will get zero access to NYC's talent pool. Meanwhile Google is quietly adding 12K new jobs at a new building in Manhattan and doing so without asking for subsidies or incentives. These will be tax revenues that NYC and NY state didn't have to pay to get. NYC will be just fine.
[1] https://www.wsj.com/articles/google-plans-large-new-york-cit...