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Updated almost 6 years ago, 02/22/2019

User Stats

3,405
Posts
4,008
Votes
Charlie MacPherson
  • China, ME
4,008
Votes |
3,405
Posts

Amazon HQ2 is back in play! Bezos tells NYC "buh bye!"

Charlie MacPherson
  • China, ME
Posted

Wow.  Trying to leave politics out of this, but just being excited about Boston having another shot at HQ2!

https://www.foxnews.com/politics/ocasio-cortez-cel...

Silly politicians talked themselves out of a lot of jobs.

User Stats

1,418
Posts
1,182
Votes
Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
1,182
Votes |
1,418
Posts
Nick Rutkowski
  • Rental Property Investor
  • Ithaca, NY
Replied

Another reason to invest everywhere else but New York. 

User Stats

75
Posts
29
Votes
John Kaspar
  • Homeowner
  • Abington, MA
29
Votes |
75
Posts
John Kaspar
  • Homeowner
  • Abington, MA
Replied

However Warren didn't support them either :/

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User Stats

664
Posts
1,741
Votes
Llewelyn A.
  • Investor / Broker
  • Brooklyn, NY
1,741
Votes |
664
Posts
Llewelyn A.
  • Investor / Broker
  • Brooklyn, NY
Replied

This is NYC... the jobs that would have been added would only represent a very TINY percentage of overall jobs.

If Amazon went to say, Buffalo, that would have a HUGE impact.

Given that though, I would hate to be the person that had bought a Long Island City Condo because of the HQ2 win only to find out today that it was rescinded!

That also reminded me of the L-Train Shut down announcement. That too was rescinded!

Really, for any major metro like NYC, you should probably wait until the ground breaks before you buy in anticipation of future economic rewards from a project that is still in it's planning stage.

You may not get the lowest price if the plan actually gets built, but you certainly avoid a possible delay or canceling of these projects.

Better to be safe than sorry!

User Stats

7,413
Posts
9,221
Votes
Bill B.#2 Buying & Selling Real Estate Contributor
  • Investor
  • Las Vegas, NV
9,221
Votes |
7,413
Posts
Bill B.#2 Buying & Selling Real Estate Contributor
  • Investor
  • Las Vegas, NV
Replied

Petty sure they said there wouldn’t be another hq2. Just Virginia and Nashville or wherever their other hub down south was going to be. 

User Stats

257
Posts
130
Votes
John W.
  • Rental Property Investor
  • Buffalo, NY
130
Votes |
257
Posts
John W.
  • Rental Property Investor
  • Buffalo, NY
Replied

NY and NYC are unfriendly to business. 

User Stats

79
Posts
29
Votes
Barry Sanders
  • Brooklyn, NY
29
Votes |
79
Posts
Barry Sanders
  • Brooklyn, NY
Replied

Amazon put on a clinic on why you should buy for cash flow

User Stats

621
Posts
542
Votes
Dan Weber
Agent
  • Realtor
  • Portland, ME
542
Votes |
621
Posts
Dan Weber
Agent
  • Realtor
  • Portland, ME
Replied

Read the article in full. Doesn't mention anything about them trying to open another HQ2 like what they are building in VA.

"Amazon said it would proceed as planned with the second part of its HQ2, which will be built in Northern Virginia, as well as its distribution center that it said it would open in Nashville. It will also continue to "hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada."

  • Dan Weber

User Stats

205
Posts
138
Votes
Justin K.
  • East Texas
138
Votes |
205
Posts
Justin K.
  • East Texas
Replied

I think Austin was on the list at one time.

Please please for the love of everything good in this world please don't pick Texas.

User Stats

54
Posts
29
Votes
Lucius Carroll
  • Real Estate Broker
  • Nashville, TN
29
Votes |
54
Posts
Lucius Carroll
  • Real Estate Broker
  • Nashville, TN
Replied

@Daniel Weber

Precisely. The site selected in Nashville (I live here) is a 15 ac. redevelopment project on the edge of downtown. Much of it vertical - my sense is Amazon will expand planned operations in N Va & Nashville, not investing the more time in to another HQ2 search. They picked these two for good reasons - good enough to make a larger investment.

User Stats

85
Posts
37
Votes
Eric L.
  • Rental Property Investor
  • Clarksville, TN
37
Votes |
85
Posts
Eric L.
  • Rental Property Investor
  • Clarksville, TN
Replied

@Lucius Carroll

Agreed, I'm in clarksville. I think one major benefit to the Nashville area is the ability to expand, the state and local gov being business friendly, and the recruiting possibilities for jobs.

User Stats

4,813
Posts
3,392
Votes
Jordan Moorhead
Agent
  • Real Estate Agent
  • Austin, TX
3,392
Votes |
4,813
Posts
Jordan Moorhead
Agent
  • Real Estate Agent
  • Austin, TX
Replied

@Charlie MacPherson I saw an article that said amazon wasn’t looking for another location even after backing out

User Stats

3,405
Posts
4,008
Votes
Charlie MacPherson
  • China, ME
4,008
Votes |
3,405
Posts
Charlie MacPherson
  • China, ME
Replied

@Jordan Moorhead  Oh well....we can alway dream, right?

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User Stats

1,249
Posts
143
Votes
Gina Stern
Pro Member
  • Investor
  • Boca Raton, FL
143
Votes |
1,249
Posts
Gina Stern
Pro Member
  • Investor
  • Boca Raton, FL
Replied

@Charlie MacPherson thank you for sharing this i found this post really interesting!

  • Gina Stern
  • (561) 430-2616
  • User Stats

    69
    Posts
    50
    Votes
    John Franklin
    • Specialist
    • Salado, TX
    50
    Votes |
    69
    Posts
    John Franklin
    • Specialist
    • Salado, TX
    Replied

    There is nothing political about money going where it is treated best.  It has always been that way.

    User Stats

    169
    Posts
    130
    Votes
    Frank Gucciardo
    • Highland, NY
    130
    Votes |
    169
    Posts
    Frank Gucciardo
    • Highland, NY
    Replied

    Another nail in NYs coffin.  The hostility towards Amazon, including the extreme ignorance around tax abatements, is a MASSIVE red flashing light to any other businesses, warning them to stay away from starting or expanding their businesses in NY (I'm talking the entire state).

    NY is generally business/development unfriendly, this just takes it to the next level.

    Any company looking to spend capital will certainly not spend the time and money to even consider NY for a short list now.

    Ocasio and her merry band of communists have just cost this state hundreds of billions in GDP.  Mission accomplished, I guess.

    User Stats

    758
    Posts
    934
    Votes
    Syed H.
    • Developer
    • NY/NJ/PA
    934
    Votes |
    758
    Posts
    Syed H.
    • Developer
    • NY/NJ/PA
    Replied

    This whole thing was just blatant stupidity. 

    AOC and her idiots don’t know how any of this actually works. 

    Amazon has a lot of the blame as well for making it into a Hunger Games with cities pitted against each other. Bad PR move for them.


    Plenty of businesses have received similar incentives in the recent past, no one is stupid enough to publicize it like Amazon.

    User Stats

    6,023
    Posts
    9,404
    Votes
    Dennis M.#5 General Landlording & Rental Properties Contributor
    • Rental Property Investor
    • Erie, pa
    9,404
    Votes |
    6,023
    Posts
    Dennis M.#5 General Landlording & Rental Properties Contributor
    • Rental Property Investor
    • Erie, pa
    Replied

    The problem with socialism is eventually you run out of other people’s money - Margaret thatcher

    User Stats

    263
    Posts
    109
    Votes
    David Ferrette
    • Developer
    • Austin, TX
    109
    Votes |
    263
    Posts
    David Ferrette
    • Developer
    • Austin, TX
    Replied

    I am not a fan of all these billion dollar tax breaks to companies rolling in the huge corporate profits unless they then open these tax breaks to the other smaller companies in the same area.  They are basically saying we don't care about our current local employers, we only care about new money.  It is greedy and I am not a fan.  

    User Stats

    5
    Posts
    4
    Votes
    James Mackey
    • Dallas, TX
    4
    Votes |
    5
    Posts
    James Mackey
    • Dallas, TX
    Replied

    @David Ferrette

    They have been offering tax breaks to smaller businesses through the Startup NY program that used to be advertised here in Texas all the time. Because lots of New Yorkers have fled here. Lol.

    https://esd.ny.gov/startup-ny-program

    The problem is that when you look at the list of exclusions, pretty much every type of business is excluded.

    Madness.

    User Stats

    1,249
    Posts
    143
    Votes
    Gina Stern
    Pro Member
    • Investor
    • Boca Raton, FL
    143
    Votes |
    1,249
    Posts
    Gina Stern
    Pro Member
    • Investor
    • Boca Raton, FL
    Replied

    @Charlie MacPherson it would be nice to see boston get a shot at HQ2!!!

  • Gina Stern
  • (561) 430-2616