Amazon Drops New York Headquarters Plan Amid Protests
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Amazon abandoned plans for a new headquarters in New York City on Thursday, blaming opposition from community leaders angry at the huge subsidies being offered to one of the world's most successful companies. The New York neighborhood of Long Island City wAmazon Drops New York Headquarters Plan Amid Protests
Amazon abandoned plans for a new headquarters in New York City on Thursday, blaming opposition from community leaders angry at the huge subsidies being offered to one of the world's most successful companies. The New York neighborhood of Long Island City was one of two locations Amazon selected last year after a long search for a second headquarters or «HQ2.» The online retail giant had promised the sprawling complex in the borough of Queens would create 25,000 jobs in exchange for nearly $3 billion in state and city incentives -- which had riled some New Yorkers. "While polls show that 70 percent of New Yorkers support our plans and investment, a number of state and local politic...Keep on reading: Amazon Drops New York Headquarters Plan Amid Protests Read more