Amazon signed a lease last Friday for 335,000 sq ft in the Hudson Yards neighbourhood, enough space for more than 1,500 workers. The largest US e-commerce company said it wasn’t getting tax benefits or other incentives.
A few weeks earlier, Facebook Inc leased more than 1.5 million sq ft in the city, and the social-networking giant is looking for 700,000 more sq ft, according to the Wall Street Journal.
Google is also in the midst of a major expansion in the city, adding thousands of employees in coming years.
The moves suggest that New York’s deep pool of talented workers is still attracting tech companies even after Amazon abandoned a much larger expansion in the area following fierce public criticism of almost US$3bil in tax breaks and subsidies promised to the company.AOC, who represents parts of the Bronx and Queens, was a vocal critic of Amazon’s doomed HQ2 deal, and she tweeted that the company’s recent lease proved she was right.
Sanders, who has slammed Amazon for warehouse working conditions and the company’s low federal tax rate, weighed in this weekend, too. — Bloomberg
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