New York City's Amazon HQ2 Loss Could Be These Cities' Gain - News Summed Up

New York City's Amazon HQ2 Loss Could Be These Cities' Gain


YOU WIN: Protesters rally against Amazon and the company's plans to move their second headquarters to the Long Island City neighborhood of Queens, at New York City's City Hall, on January 30. Other cities are likely now licking their chops over the potential to get some of the 25,000 jobs that New York will miss out on. The city boasts extensive gigabit-speed internet infrastructure and Class A office space there rents for roughly $30 a square foot, almost a fifth of what Amazon was looking to pay in Long Island City. The Innovation District in Miami and Robotics Row in Pittsburgh are two other areas in which Boyd thinks Amazon or its suppliers could be interested. And New York City may not lose out entirely.


Source: Forbes February 14, 2019 20:04 UTC



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