Amazon Got Exactly What It Deserved—And So Did New York


Ron Kim

Source: The Atlantic

Amazon said on Thursday that it will cancel its plans to add a second corporate headquarters in New York City. The company had pledged to build a campus in Queens’ Long Island City in exchange for $3 billion in subsidies…

In a period of growing antipathy toward billionaires, Amazon’s corporate-welfare haul struck many—including me—as a gratuitous gift to a trillion-dollar company that was probably going to keep adding thousands of jobs to the New York region anyway. The company has more than 5,000 employees in the five boroughs, including 2,500 at a Staten Island fulfillment center and at least one thousand more in the Manhattan West office building.

Story length: 853 words

Read the full story here (Also includes 3.44 min VIDEO commentary)

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