This is where Amazon may build its second HQ

This is where Amazon may build its second HQ

This is where Amazon may build its second HQ

Two sources familiar with the process confirmed to USA TODAY that Amazon has made the decision to shift its placement of a second headquarters co-equal with Seattle from one city to two. Collectively, Amazon will still hire a total of 50,000 new employees.

New York Governor Andrew Cuomo met with top Amazon executives two weeks ago to discuss the company moving to Long Island City, a person with knowledge of the matter said.

Adding to the confusion stirred by the Washington Post and, The Wall Street Journal reported November 4 that aside from Northern Virginia, Amazon is also engaged in late-stage talks with New York City.

Bert Sperling, founder of a website that rates cities for people who are relocating, started to consider the idea of a true company town for Amazon soon after the company released its request for proposal (RFP) for its new headquarters, which asked for a metropolitan area with more than 1 million people, the potential to attract and retain tech talent, and a high quality of life.

Amazon also reportedly felt that a split would expand the pool of computer engineering talent available for jobs. The company had been accepting proposals for its new facility, which is expected to cost around $5 billion.

Choosing D.C. and NY "is a repudiation of all these stories about Silicon Valley getting too expensive, and that there are 20 different cities where you could successfully operate a tech company", said Greg Bialecki, a principal at the real estate firm Redgate, and a former MA housing and economic development secretary.

After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that could still have a major impact on the communities it ultimately selects.

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"You could look to Seattle and see that it's had great positive consequences, but it also probably has had some unintended ones that maybe aren't as well received", SunTrust Robinson Humphrey Inc. real-estate analyst Michael Lewis said.

Amazon announced a list of 20 finalists for HQ2 in January, including: Atlanta; Austin; Boston; Chicago; Columbus, Ohio; Dallas; Denver; Indianapolis; Los Angeles; Miami; Montgomery County, Maryland; Nashville; Newark; New York City; Northern Virginia; Philadelphia; Pittsburgh; Raleigh; Toronto; and Washington, DC.

Amazon declined to comment on the news, first reported by the Wall Street Journal. We get "a big slice of Amazon's innovation and development budget, and we do not have to absorb the thousands of lower-paying administrative jobs that would have clogged up our infrastructure and housing".

"Memo to the genius leaking info about Crystal City, VA as #HQ2 selection", Grella said. You're not doing Crystal City, VA any favors. "And stop treating the NDA you signed like a used napkin".

Klepper reported from Albany, New York.

The fact a company like Amazon with its vast resources is asking for government subsidies irks New York University's Stern School of Business professor Scott Galloway. So in the meantime, I moved on to the next question, asking people in tech and commercial real estate this: Assuming Amazon doesn't give the final rose to Boston, why not? Maryland approved $8.5 billion in incentives to Amazon - the largest known package. It's unclear when Amazon will make the official announcement.

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