New York Urges Amazon To Reconsider Proposed HQ

Advertisment

A group of New York political, community, and business leaders have urged Amazon to reconsider its decision to cancel its plans for a new campus in the city.

The campaign comes weeks after the company backed away from the said project, mentioning some local opposition.

Amazon had promised to invest approximately $2.5 billion ($1.9 billion) to create the hub, which would generate around 25,000 jobs.

In exchange, the state and the city had pledged the company nearly $3 billion in tax breaks coupled with some other benefits.

The award helped to provoke vocal opposition to the said project, even though it was supported by the governor and mayor of New York.

Some polls also indicated that the majority of the local people expressed their support for it.

Today, an open letter that was addressed to Amazon was published in the New York Times. It wrote: “A clear majority of New Yorkers support this project and were disappointed by your decision not to proceed.”

It added: “We all hope you will reconsider.”

The signatories to the letter included the heads of Goldman Sachs, Morgan Stanley, JetBlue Airways, and Mastercard as well as some local leaders, including the president of the NAACP New York State Conference and the heads of tenant associations.

Citing anonymous sources, the New York Times also reported that Andrew Cuomo, the governor of New York, has also urged Jeff Bezos, the boss of Amazon,  to try to change his mind.

However, the newspaper said that there was little sign that the firm is willing to re-open the negotiations, which had spurred some debate regarding corporate subsidies and concerns about how Amazon would affect the rents in the area.

In addition to cancelling the plans for a New York campus, reportedly, Amazon has also scaled back its expansion plans in its hometown of Seattle.