The BL News-Amazon drops plans to build in NYC

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The BL News-Amazon drops plans to build in NYC

Amazon dropped plans Thursday for a big, new headquarters in New York that would have brought 25,000 jobs to the city – reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world's wealthiest and most influential companies.

New York City Mayor Bill de Blasio criticized Amazon for pulling the plug on plans to set up a headquarters in the city, saying the decision caught him by surprise.

Critics see the project as an extravagant giveaway to one of the world's biggest companies and argue it won't provide much direct benefit to most New Yorkers. Several welcomed the news that Amazon might be rethinking the plan.

Some Residence and local business owners who supported Amazons decision to build in Queens are not happy with the decision to abruptly back out of the deal, and they are blaming politicians.

Amazon said Thursday it does not plan to look for another location at this time, and will continue with plans to build offices in Arlington, Virginia, and Nashville, Tennessee.

That and more can be found on our website, for the BL News, I’m Rich Crankshaw, we’ll see ya next time.

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