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Editor's Picks: HQ2
States and localities give away billions of dollars annually in tax incentives, so Amazon’s situation is nothing new. But they’re an extremely inefficient way to provide tax relief or grow the economy. When incentivized firms relocate, incumbent businesses and individuals end up footing the bill for the increased demand in public services. More »
In 2003, Craig Nevill-Manning, a computer scientist at Google, wanted to set up an engineering outpost in New York. Google’s top leaders were skeptical, but they told him that he could go ahead if he could find 15 “Google-worthy” software developers in the city. Mr. Nevill-Manning found his developers and opened the engineering office in New York. Today, Google employs 7,000 people in the city, and more than half are engineers and technical staff. The Google story mirrors the rise and evolution of New York as a genuine tech hub. More »
Virginia's offer of $573 million in direct public incentives and New York's package, in excess of $1.5 billion, weren't the richest of the many deals pitched to Amazon for the prospect of 25,000 new, high-paid tech jobs in each place. More »
It was the painstakingly orchestrated answer to a question: If you had less than two days to convince one of the world’s biggest and most visible companies —Amazon — to create as many as 50,000 highly paid tech jobs in Dallas-Fort Worth, how would you do it? More »
After conducting a yearlong search for a second home, Amazon has finalized plans to have about 50,000 employees in two locations, according to a person familiar with the decision-making process. More »
Tech giant expected to opt for New York and Washington after gathering intelligence ‘gold mine’. More »
If rumors are true that Amazon will land its HQ2s (yes, plural) in outlying communities of New York and Arlington, Virginia, then local commercial real estate developers should gear up for serious demand. More »
Amazon is said to be planning to split its much-hyped second headquarters into two locations, with one rumored to be in the Long Island City neighborhood of Queens, New York. The company originally promised as many as 50,000 high-paying jobs for the project. Even if that number is halved, it could still mean tens of thousands of jobs in New York. More »
Amazon’s cashier-less Go stores give us a glimpse at its vision for the future of retail. More »
The fastest-growing neighborhood in the country appears to be a big winner in Amazon’s search for a second headquarters— or at least a large part of it. More »
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