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>At the very least it makes NYC a less likely competitor to the Bay Area. Nonsense. If the bay area were a competitor, that's where Amazon would have wanted pu

>At the very least it makes NYC a less likely competitor to the Bay Area. Nonsense. If the bay area were a competitor, that's where Amazon would have wanted put their new HQ, not New York. Amazon doesn't have an HQ in San Francisco. Nevermind the fact that New York has been experiencing a tech boom for the last decade or more, with Apple, Facebook, and Google all buying campuses similar in scale to Amazon's proposed one, and without demanding bribes from the state before doing so.

barry-cotter 8y ago
The point was that NYC was potentially a competitor to Amazon if they could get a major “tech” company as a kind of anchor tenant bringing tens of thousands of (rich from salary and stock) people to NYC. It has already surpassed Boston as the second city in the US and world if you want to raise VC or hire people who have experience in startups, companies that aim for super high growth for multiple years. The fact that NYC doesn’t have it together enough to keep Amazon after it won it means that while it may be better run than the Bay Area there’s room for somewhere else to come from behind and overtake NYC, maybe even the Bay though that would be the work of decades probably. Boston pissing away it’s advantage to Silicon Valley took decades.
akhilcacharya 8y ago
> with Apple, Facebook, and Google all buying campuses similar in scale to Amazon's proposed one, and without demanding bribes from the state before doing so. All of those companies are orders of magnitude smaller than Amazon. Also for the record Amazon has a pretty big presence in SFBA (Sunnyvale, Palo Alto, SF proper).
cthalupa 8y ago
Apple, Facebook, and Google all meet the requirements for the Excelsior Jobs Program ( https://esd.ny.gov/excelsior-jobs-program https://esd.ny.gov/excelsior-jobs-program ) which is where 2.5 billion of the 3 came from for the Amazon deal. I have no personal knowledge of whether or not the three are utilizing it, but it would seem unlikely to me that three smart businesses would not be taking advantage of some easy to quality for tax credits, which means it's likely they are taking 5/6ths of the same amount of tax breaks that Amazon was planning to.

barry-cotter 8y ago

The point was that NYC was potentially a competitor to Amazon if they could get a major “tech” company as a kind of anchor tenant bringing tens of thousands of (rich from salary and stock) people to NYC. It has already surpassed Boston as the second city in the US and world if you want to raise VC or hire people who have experience in startups, companies that aim for super high growth for multiple years. The fact that NYC doesn’t have it together enough to keep Amazon after it won it means that while it may be better run than the Bay Area there’s room for somewhere else to come from behind and overtake NYC, maybe even the Bay though that would be the work of decades probably. Boston pissing away it’s advantage to Silicon Valley took decades.

akhilcacharya 8y ago

> with Apple, Facebook, and Google all buying campuses similar in scale to Amazon's proposed one, and without demanding bribes from the state before doing so. All of those companies are orders of magnitude smaller than Amazon. Also for the record Amazon has a pretty big presence in SFBA (Sunnyvale, Palo Alto, SF proper).

cthalupa 8y ago

Apple, Facebook, and Google all meet the requirements for the Excelsior Jobs Program ( https://esd.ny.gov/excelsior-jobs-program https://esd.ny.gov/excelsior-jobs-program ) which is where 2.5 billion of the 3 came from for the Amazon deal. I have no personal knowledge of whether or not the three are utilizing it, but it would seem unlikely to me that three smart businesses would not be taking advantage of some easy to quality for tax credits, which means it's likely they are taking 5/6ths of the same amount of tax breaks that Amazon was planning to.