KXIP vs KKR Live Score

"Real economic dev", tweeted Zephyr Teachout, a law professor who ran unsuccessfully for both governor of NY and state attorney general in recent years.

Larry Hogan said Thursday that he has talked with Amazon officials following the company's decision to back out of building part of its East Coast headquarters in New York City.

As we discuss on this episode of the GeekWire Podcast, it's latest sign of a very different Amazon.

"For those who didn't want Amazon to bring the promised 25,000 new jobs and added economic vitality to the area: Be careful what you wish for".

Some 5,000 Amazon employees now work in Brooklyn, Manhattan and Staten Island.

"Now that they're not coming, I'm more likely to stay and see how the neighbourhood continues to grow and evolve in a more organic fashion", he said.

Jeff Bezos (pictured above right) is Amazon's founder and CEO.

Amazon, which is also in cloud computing, streaming media and artificial intelligence, chose the site after a lengthy search, saying it was outgrowing its home in Seattle, Washington. Instead, it will move forward in Virginia.

Alexandria Ocasio-Cortez wasted no time in declaring victory after Amazon backed out of a $3 billion deal that would have seen the Jeff Bezos-led tech conglomerate establish its much-coveted HQ2 in NY. "For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term".

Reports first surfaced last week that the online retail giant was potentially backing out of its planned NY venture.

"We were subsidizing those jobs", Ocasio-Cortez said Thursday. "New Jersey is open for business, and now more than ever, Newark is the clear choice as the next presence for Amazon corporate offices". "Bringing Amazon to New York diversified our economy away from real estate and Wall Street, further cementing our status as an emerging center for tech and was an extraordinary economic win not just for Queens and New York City, but for the entire region, from Long Island to Albany's nanotech center".

The company also says they have no plans to reopen its search at this time.

Amazon thanked Cuomo and de Blasio by name, two potential 2020 candidates for the Democratic presidential nomination, who often tout their own progressive stripes.

"You have to be tough to make it in New York City", de Blasio tweeted after Amazon's announcement.

Amazon's been busy campaigning its decision to New Yorkers, but folks were not convinced as evidenced by campaigners against the headquarter deal going door-to-door to warn people against the possible negative outcomes.

"Instead of working with the community, Amazon threw away that opportunity", he wrote. Ocasio-Cortez said she thought the cost of the subsidies outweighed the estimated 25,000 jobs Amazon would have created.

"After speaking with Amazon representatives earlier this day, we are moving forward as we had planned", Christian Dorsey, chairman of the Arlington County Board of Supervisors, told reporters in a conference call hours after the announcement.

"Amazon is a billion-dollar company".


COMMENTS