Article 42VSK Amazon is getting more than $2 billion for NYC and Virginia expansions

Amazon is getting more than $2 billion for NYC and Virginia expansions

by
Timothy B. Lee
from Ars Technica - All content on (#42VSK)
GettyImages-1032942774-800x533.jpg

Enlarge / Amazon CEO Jeff Bezos on September 13, 2018. (credit: Alex Wong/Getty Images)

Over the last year, Amazon has dangled in front of cities the possibility that they could host the company's "second headquarters"-a massive $5 billion facility that would provide 50,000 white-collar jobs. On Tuesday, Amazon confirmed what had been widely reported: nobody would be getting this massive prize. Instead, the expansion would be split in half, with New York City and Arlington, Virginia, (just outside Washington, DC) each getting smaller facilities that will employ around 25,000 people each.

Amazon's Seattle offices will continue to be the company's largest and will continue to be Amazon's headquarters by any reasonable definition. But pretending to have three "headquarters" undoubtedly makes it easier for Amazon to coax taxpayer dollars out of local governments.

The announcement is underwhelming in other ways, too. The Washington, DC, area has been widely seen as the frontrunner since the competition was announced last year. When Amazon announced a list of 20 finalists, the region claimed three of those 20 spots, with separate entries for Northern Virginia; Montgomery County, Maryland; and the district itself. Amazon CEO Jeff Bezos bought The Washington Post in 2013 and bought the largest house in Washington, DC, in 2016.

Read 13 remaining paragraphs | Comments

index?i=ojvd4mwE18A:oH2WIlsz8VU:V_sGLiPB index?i=ojvd4mwE18A:oH2WIlsz8VU:F7zBnMyn index?d=qj6IDK7rITs index?d=yIl2AUoC8zA
External Content
Source RSS or Atom Feed
Feed Location http://feeds.arstechnica.com/arstechnica/index
Feed Title Ars Technica - All content
Feed Link https://arstechnica.com/
Reply 0 comments