Of the potential ~$3B NY subsidies (this is what it is projected Amazon can claim, not what is promised), I believe only $505M is specific to Amazon (capital gr

Of the potential ~$3B NY subsidies (this is what it is projected Amazon can claim, not what is promised), I believe only $505M is specific to Amazon (capital grant from state). The rest is from pre-existing programs including Excelsior, ICAP, and REAP. Chances are, Google, Apple, and the rest are all going to be taking advantage of these programs. https://www.governor.ny.gov/news/governor-cuomo-and-mayor-de-blasio-announce-amazon-selects-long-island-city-new-corporate https://www.governor.ny.gov/news/governor-cuomo-and-mayor-de... > To bring this transformational, multibillion-dollar project to New York, the State offered a package of performance-based incentives totaling $1.705 billion. The package includes a $1.2 billion in tax credits through the Excelsior Jobs Program, which is directly tied to Amazon's commitment to create 25,000 new jobs and no less than $2.3 billion investment over ten years as well as a $505 million capital grant that is directly tied to Amazon's commitment to invest $3.6 billion and create up to 40,000 new jobs over 15 years. > Under pre-existing as-of-right programs authorized by law, Amazon is eligible for a partial property tax abatement through ICAP and an annual credit of $3,000 for twelve years per eligible employee under REAP, a program available to all companies to encourage job growth outside of Manhattan. REAP benefits for Amazon's 10-year expansion are projected at $897 million through 2038, and ICAP will abate approximately $386 million.