Re:It Started With a Jolt: How New York Became a Tech Town
by code4tee on Friday February 22, 2019 @08:46AM
(#19225189)
Amazon didn’t withdraw from NYC. They still have around 5k employees here. Meanwhile Google is significantly expanding their NYC offices and nobody had to bribe them to do it.
[ Parent
| on HN ]
Re:It Started With a Jolt: How New York Became a Tech Town
by aetherson on Friday February 22, 2019 @08:54AM
(#19225257)
Are you sure about that? Giving tax breaks to large employers is pretty standard practice. What was unusual about the Amazon debacle was how public it was.
Re:It Started With a Jolt: How New York Became a Tech Town
by coredog64 on Friday February 22, 2019 @09:51AM
(#19225764)
Pretty sure Google is eligible for the same Empire State development grants that made up $2.5B of the $3B that Amazon was going to get.
Re:It Started With a Jolt: How New York Became a Tech Town
by vonmoltke on Friday February 22, 2019 @10:51AM
(#19226305)
Actually, the city credits (which constituted about $1.3B) are not available for businesses in Manhattan south of 96th St. That said, Lower Manhattan has its own incentive programs.
That said, I'm really getting annoyed at the people who are both ignorant of how Amazon was going to get its $3B in credits and assuming that other companies, like Google, are getting none simply because nobody talks about it.