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> This tax deal was all about Amazon expanding very quickly. Anybody who thinks that through should see why it's such a terrible idea. Not even NY can "very q
by jlarocco 8y ago
> This tax deal was all about Amazon expanding very quickly.
Anybody who thinks that through should see why it's such a terrible idea. Not even NY can "very quickly" absorb 25k people in a small area without screwing up quality of life for the people who already live there. That's a great way to make real estate prices sky rocket and screw over the existing residents. And it'll completely screw up infrastructure and transportation, because there's not enough money to pay for them when the company causing the issues is getting a huge tax break and not paying their fair share, and they're not things that can be fixed quickly in any case.
> Maybe it works out great as other companies will lease those buildings and hire a combined ~20k employees averaging $150,000 in compensation, but that's likely not going to happen.
If the current residents are qualified for $150k a year jobs then they presumably already have one - it's not like there are 25k unemployed software devs waiting around for companies to move to NY.
That whole competition was a shameful money grab by Amazon and I'm glad it didn't work out for them.
- ctvo 8y ago> "very quickly" This was over a 10 year period. New York City would have absorbed this just fine. Population projections for the city over that same time span is an additional 600,000 people. The "small area" that Amazon was relocating to (Queens) is expected to get 150,000 of those people. And we can ignore the assumption that people making 150k a year all want to live in Queens (or LIC) and not Manhattan.
- CPLX 8y ago> Not even NY can "very quickly" absorb 25k people in a small area without screwing up quality of life for the people who already live there. Of course it can. This is New York fucking City, there are literally single buildings with that many jobs in them here.
- CydeWeys 8y agoYou're vastly overstating the effects of 25k people in a metro area that's >20M people strong. You're taking for granted that all of those people are going to live in a few blocks radius in LIC, and that's simply not close to what would've actually happened.
- bogomipz 8y agoBut it was never going to be "quickly." See: https://www.wsj.com/articles/why-the-amazon-invasion-in-new-york-and-virginia-will-be-slow-11544697000 https://www.wsj.com/articles/why-the-amazon-invasion-in-new-...