Amazon Is Getting More Than $2 Billion For NYC, Virginia Expansions

An anonymous reader quotes a report from Ars Technica: Over the last year, Amazon has dangled in front of cities the possibility that they could host the company's "second headquarters" -- a massive $5 billion facility that would provide 50,000 white-collar jobs. On Tuesday, Amazon confirmed what had been widely reported: nobody would be getting this massive prize. Instead, the expansion would be split in half, with New York City and Arlington, Virginia, (just outside Washington, DC) each getting smaller facilities that will employ around 25,000 people each. Amazon's Seattle offices will continue to be the company's largest and will continue to be Amazon's headquarters by any reasonable definition. But pretending to have three "headquarters" undoubtedly makes it easier for Amazon to coax taxpayer dollars out of local governments. [...] The tactic seems to have worked, as governments in both locations have offered Amazon hundreds of millions of dollars in incentives to locate their new offices there. Virginia officials appear to have driven a harder bargain than their rivals in New York. Amazon says it's getting $1.5 billion in government incentives for its New York expansion, whereas Virginia is offering a comparatively modest $573 million in direct incentives.Read more of this story at Slashdot.
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