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Amazon drops New York headquarters plan amid protests

Published by Yahoo on Fri, 15 Feb 2019


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 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 politicians have made it clear that they oppose our presence and will not work with us to build the type of relationships that are required to go forward with the project," Amazon said in a statement.
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