3 ms·
do you have a link to that data?
by OldFatCactus 8y ago
do you have a link to that data?
- jdhn 8y agoHere you go[0]. Some highlights: 1. $2.988 billion in state/city subsidies (so ~$48,000 per job) 2. The state estimated that Amazon will generate $27.5 billion in state and city revenue over 25 years, a 9:1 ratio of revenue to subsidies. Using the numbers above, we can calculate that the state would break even in roughly 3 years if they're correct. [0]https://ny.curbed.com/2018/11/16/18098589/amazon-hq2-nyc-queens-long-island-city-explained https://ny.curbed.com/2018/11/16/18098589/amazon-hq2-nyc-que...
- pzone 8y agoThe subsidies themselves would have been given to Amazon over the course of several years. NY would be in the black after no more than a year.