The Long Island City neighborhood, somewhat confusingly named, is the westernmost neighborhood of the Borough of Queens, located along the East River waterfront, with a smattering of fresh new parks with storybook views of the Manhattan skyline across the river. New York City put up four neighborhoods as possible HQ2 sites in its bid. “Citizens have no idea what their elected officials have promised to a company headed by the richest person on earth.”Īrlington, located across the Potomac River from Washington, D.C., was chosen despite growing resistance to HQ2 across the region. “As we documented in a study last April, the Crystal City and Long Island City subsidy offers are among the many HQ2 bids that remain completely hidden,” said Good Jobs First, a nonprofit that tracks corporate subsidies, in a statement. Neither of the final site’s full package of incentives has been disclosed. Real estate investors reportedly started speculating on which city would eventually win the contest, hoping to take advantage of a sudden need for housing to accommodate HQ2 workers. (A court order forced Pittsburgh to make its bid public.) Muckrock, a nonprofit that facilitates investigative reporting, compiled a database on various HQ2 bids as information became available. “Because it would be a great economic boost.” “I’ll change my name to Amazon Cuomo if that’s what it takes,” said Cuomo on Monday, according to the Times. Unfazed, New York Governor Andrew Cuomo was still eagerly awaiting Amazon’s official announcement when he spoke to the Times on Monday. Business Insider called it “ Breaking A Central Promise of HQ2.” People are furious, the site said. Many expressed frustration with the decision to split the original HQ2 plan, given that Amazon dangled the jobs and investment numbers to extract promises of huge tax breaks and other incentives as part of HQ2 proposals. New York City’s Long Island City site and Arlington’s Crystal City site are reportedly the “winners.” By Monday, the New York Times reported that Dallas was no longer in the running and that the company planned to split its original HQ2 between the two remaining locations, effectively halving the original 50,000 jobs and $5 billion of investment the company promised to each location. The Wall Street Journal broke the news over the weekend that Amazon entered into “late-stage talks” with three locations - Dallas, Texas Arlington, Va. Is Free Public Transit an Idea Whose Time Has Come?.Economics in Brief: It’s Hard to Open a Grocery Store in a Food Desert.Housing in Brief: Federal Housing Spending Might Be Cut From Biden’s $3.5 Trillion Budget.
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