Amazon HQ2 Decision - NYC & VA

[plenzmd1]

 

10 hours ago, LABillzFan said:

 

I haven't been near LIC in years, so I ask this honestly: is there not a fear of displacing people there who ultimately won't be able to afford the area once Amazon moves in?

can't speak for there, but just south of the area where "National Landing"(name just made up for this announcement LOL) is located is absolutely going to get devasted by higher rents and gentrification....an area that is heavily Hispanic now. Now the argument is that a good or a bad thing..I can see it both ways.

6 hours ago, /dev/null said:

Anyone else get the vibe that the whole HQ2 competition thing Amazon was running was a scam?  That maybe they had decided long ago where they were locating their HQ2 but saw an opportunity for some free positive PR in the candidate markets while milking Crystal City and NYC for all the extra incentives?

Not a scam at all, but absolutely a business tactic. Companies send out RFPs all the time when they fully intend to keep the incumbent in place or when they already know who they want to partner with..but they want to drive competition and get the best price/deal possible. No one forces anyone to participate

 

BTW, maybe I am reading things wrong, but this seems like VA really made a great deal. $1.1B is all based on funding higher Ed and producing 25K CS degrees as well as a number of Masters degrees. Sorley needed infrastructure is like $250M. Incentive per job is $22k, not even in the top in VA in the last several years. Micron was $63K per job.

 

Overall, I think a great deal for VA

 

https://www.richmond.com/news/virginia/government-politics/general-assembly/we-know-amazon-is-coming-to-virginia-but-now-here/article_2d8a5ebc-07a1-58c3-a252-0bddfc7d9323.html

Edited November 14, 2018 by plenzmd1

[The_Dude]

9 hours ago, 3rdnlng said:

No, you are wrong. The reason you see Walmarts replacing Walmarts is that they decided to replace the smaller stores with super stores that sold a full line of groceries. Usually when a Walmart first comes to an area the area around it gets built up and there is seldom an opportunity to just expand. They have to move down the road where there is an new opportunity.

 

Look, I don’t know if you work for Walmart or something, and I’m sure that’s the case in numerous instances, but I’ve seent it. I seent it. 

[BeginnersMind]

14 hours ago, keepthefaith said:

 

Heck you couldn't put it in a more sensible place cost-wise like Nashville and ask people in Tennessee to buy-in to their left coast culture. 

 

They need a huge base of people to draw from to add 25000-50000 new high-end jobs. Nashville doesn't have the bodies to support that and getting that many top people to move to Nashville is unlikely. Ask a top person to move to NYC for Amazon and it's easier because not only is Amazon there, but so are 10000 other potential employers for your partner and yourself. Amazon wants the deepest talent pool possible, which comes from proximity both to universities and to other big employers.  

 

It was always going to be a big city. I'm just glad it wasn't Boston. ***** them. 

Edited November 14, 2018 by BeginnersMind

[3rdnlng]

1 hour ago, The_Dude said:

 

Look, I don’t know if you work for Walmart or something, and I’m sure that’s the case in numerous instances, but I’ve seent it. I seent it. 

I spent many years in commercial real estate and development, locating regional and national retailers, including Walmart. It doesn't make a lot of sense to build a new store just to get a tax break. Walmart changed their philosophy and decided to build super stores in order to sell a full line of groceries. Stick to what you know, like hating on Muslims.

[GG]

14 hours ago, snafu said:

If anyone remembers what LIC was seven years ago compared to what it is now, they could tell you that LIC didn't really need Amazon to come to town.  I'm not sniffing at it, mind you.  It solidifies the conversion of that part of Queens from useless wasteland to prime real estate.  One of my best friends is on the Board of the Queens Chamber of Commerce and I guaranty he's doing backflips today.  My only gripe is that Amazon could probably have gone to Newark and done more benefit to a city that needs it more.

 

Any/every site was going to offer tax incentives for Amazon to go there, so complaining about it really overlooks the reality of the situation.  Ocasio-Cortez should know that NYC has its own income tax, and NYS has its commuter tax. She should be complaining that the money gets spent right, not saying that the community is "outraged".  I'm just glad that LIC isn't in Queens Congressional District 14.  She'd probably find a way to ***** it up.  Now if the Mayor would just lay off...

 

 

 

 

 

This basically answers some of the other questions raised in this and the New Era thread.   Amazon doesn't need the incentives, but by throwing out the RFP to over 200 communities they got a bidding war.  I don't think that NYS will get the return on its investment because LIC has already been blowing up in the last decade, as you note.  Newark was on the shortlist, but NJ didn't have the capacity to throw in $1.2 billion.

 

The gentrification "concerns" are valid, but all Amazon is going to do is speed up what was already happening on the western ends of Queens & Brooklyn.

[The_Dude]

1 hour ago, 3rdnlng said:

I spent many years in commercial real estate and development, locating regional and national retailers, including Walmart. It doesn't make a lot of sense to build a new store just to get a tax break. Walmart changed their philosophy and decided to build super stores in order to sell a full line of groceries. Stick to what you know, like hating on Muslims.

 

Homeboy, I don't know where you live. But like I said, I've seent it down here in the greater Atlanta area. I read the local news also. I'm sure you want a link. Maybe you should stick to what you know, fluffer. 

[3rdnlng]

1 minute ago, The_Dude said:

 

Homeboy, I don't know where you live. But like I said, I've seent it down here in the greater Atlanta area. I read the local news also. I'm sure you want a link. Maybe you should stick to what you know, fluffer. 

Its hard to take you seriously when you continue to use Urban Dictionary words. Regardless, this is a subject that I know very well and you don't. Generally speaking, Walmart does not own its stores. They lease them from a developer/investor that actually went through the process of getting them approved and constructed. They aren't in the business of building stores in order to get tax breaks. They are in the business of selling product. They made the decision that in most cases they would only build super stores (with some exceptions) that sold a full line of groceries. They also decided to replace many of their present stores with super stores if the demographics were right. I have been involved with that process and sat in meetings with their reps, lawyers, developers and land sellers.

 

Homeboy? Stick to what I know? You have proven that you don't want to learn a damn thing, so it's probably best to just stick to what you already know. Hate some more Muslims and shoot some more dogs.

[The_Dude]

11 minutes ago, 3rdnlng said:

Its hard to take you seriously when you continue to use Urban Dictionary words. Regardless, this is a subject that I know very well and you don't. Generally speaking, Walmart does not own its stores. They lease them from a developer/investor that actually went through the process of getting them approved and constructed. They aren't in the business of building stores in order to get tax breaks. They are in the business of selling product. They made the decision that in most cases they would only build super stores (with some exceptions) that sold a full line of groceries. They also decided to replace many of their present stores with super stores if the demographics were right. I have been involved with that process and sat in meetings with their reps, lawyers, developers and land sellers.

 

Homeboy? Stick to what I know? You have proven that you don't want to learn a damn thing, so it's probably best to just stick to what you already know. Hate some more Muslims and shoot some more dogs.

 

Well if this is something you're good at, then you suck at what you're good at.

 

Also, I freaking love dogs. I'd shoot you before a dog.  

[3rdnlng]

39 minutes ago, The_Dude said:

 

Well if this is something you're good at, then you suck at what you're good at.

 

Also, I freaking love dogs. I'd shoot you before a dog.  

You "think" you know what you are talking about and are committed to your ignorant position. I know what I am talking about and you refuse to learn anything. In addition you tell me I suck at something you are incapable of understanding. You truly aren't very good at this.

[Kevbeau]

4 hours ago, BeginnersMind said:

.  

 

It was always going to be a big city. I'm just glad it wasn't Boston. ***** them. 

Seems to be the feeling in Atlanta as well.

[The_Dude]

1 hour ago, 3rdnlng said:

You "think" you know what you are talking about and are committed to your ignorant position. I know what I am talking about and you refuse to learn anything. In addition you tell me I suck at something you are incapable of understanding. You truly aren't very good at this.

 

My ignorant position is based on something I’ve seent. 

 

Im sure you do something for a living. I’m sure you’re awful at it. 

 

Now, GOOD DAY, SIR. 

[3rdnlng]

4 minutes ago, The_Dude said:

 

My ignorant position is based on something I’ve seent. 

 

Im sure you do something for a living. I’m sure you’re awful at it. 

 

Now, GOOD DAY, SIR. 

Your ignorant position is based on something you seent? Were you high? It seems like you must be high a lot what with all the bs you espouse. Or it could be that you are just dumb. Or, dumb and high. That's the one I'm going with.

[TakeYouToTasker]

The proper solution for the state of New York, and other states, would be to sell/lease it's commercial shipping lanes to Amazon for the cost of performing maintenance and repairs on the highways running adjacent to them.

 

It's a mutually beneficial arrangement.

Edited November 14, 2018 by TakeYouToTasker

[The_Dude]

18 minutes ago, 3rdnlng said:

Your ignorant position is based on something you seent? Were you high? It seems like you must be high a lot what with all the bs you espouse. Or it could be that you are just dumb. Or, dumb and high. That's the one I'm going with.

 

Calm down, fluffer. 

[snafu]

Lots of protesting in Queens today. Initial reaction is that the mayor and governor gave away too much.

 

[BeginnersMind]

19 minutes ago, snafu said:

Lots of protesting in Queens today. Initial reaction is that the mayor and governor gave away too much.

 

 

They will shut up and be fine. A passing ripple. 

[3rdnlng]

34 minutes ago, snafu said:

Lots of protesting in Queens today. Initial reaction is that the mayor and governor gave away too much.

 

A simple solution would be to ask The_Dude to sound in on the real estate ramifications and if Amazon is going to move their headquarters once their tax breaks are up.

[Warren Zevon]

If anyone ever needs an expert on Wal-Mart I'll be sure to recommend 3rdong.

[3rdnlng]

4 minutes ago, peace out said:

If anyone ever needs an expert on Wal-Mart I'll be sure to recommend 3rdong.

Gary, Gary, Gary, why are you so concerned about my *****?

[Miracle Bills]

22 hours ago, LABillzFan said:

We pick on Ocasio-Cortez, but she raises some valid points here in this thread.

 

 

Her points are not valid. Where do you think the money to fix subways and invest money in the community comes from? Does the money grow on trees? No, businesses move in and they hire people and those people pay taxes and they buy homes and they buy goods, etc.  Amazon's with tax breaks is much better than no Amazon at all. The problem is childish people like Socialist Ocasio-Cortez thinks money grows on trees.  You know the problem with socialism, you eventually run out of other peoples money.