Amazon’s Pullout From Queens, N.Y., Stuns Real-Estate Industry

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Real-estate speculators, developers and renters had rushed into the Long Island City neighborhood to be near the new Amazon HQ2

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just bully them when you want your way. Cool

Government intervention (in all it forms) never ends well

shafted1

AOC strikes again

Speculators and renters? They add so much value to the economy!

NYC lost probably Memphis gain. Clearly Amazon has been building their on delivery infrastructure. Logically next level of growth would be acquire planes and trucks worldwide from Fedex. Don’t reinvent wheel , you acquire it.

They have AOC to thank.

Not a good idea for AOC to piss off the Mob like this.

Awesome!

A boom to the economy like that, so many jobs, housing, commercial real estate, and service industry supporting Amazon comes along once in a lifetime, if ever. Moronic to fight over incentives (discounts) that will pay for themselves so many times over. No they get a big fat $0

The split

Oops

You can thank Cuomo and AOC for that

I wonder if the ppl protesting amazon in ny even have a job? NY sucks. Garbage state. Subsidized unemployment is the business in NY and employing the ppl would cut NYs profits

Interesting

Of course they did, because there were incentives. That’s the effect that large companies have on cities. Good job to AOC and Schumer for ruining the best thing to happen to NY in a decade

Dammit!! They should sue amazon

Yeah ill bet they're just choked they wont get to profit from sky high property values and people getting pushed out of their neighborhoods

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Long Island City Brokers Bemoan Loss Of Amazon HQ, But Say Market There Still StrongReal estate agents who work in Long Island City were unsurprisingly disappointed by Amazon’s decision to cancel their order for a new headquarters amidst political and community pressure, but think that the market there can weather the setback. Real estate agents should be happy. Had a flurry of buyers which they got paid on now a flurry of sellers which they’ll get paid on. There is going tobe a mad dash out of New York. For sale! Forbes workin hard delusional
Source: Forbes - 🏆 394. / 53 Read more »

Amazon's abrupt escape from New York won't hurt its business one bit, say analystsAmazon announced it will no longer build HQ2 in Long Island City in New York. Analysts don't believe this will affect Amazon's outlook. But can you discuss the issue of Instagram and it’s many glitches! It won't hurt $AMZN. It'll hurt NYC. SenGianaris SO wrong. The way he thinks about it,'Throwing money around' translates to trying to win a political fight. 'NYC has an out sized voice' 'bec it's the center of media'. PSSST Senator? Tech's the future. CNBCClosingBell
Source: BusinessInsider - 🏆 729. / 51 Read more »