AOC, Sanders Say I Told You So, as Amazon, Facebook Come to NYC | 2019-12-08 09:18:53 (Visits: 896 Times) |  | | Bloomberg Alistair Barr BloombergDecember 7, 2019
(Bloomberg) -- Democratic Representative Alexandria Ocasio-Cortez and Presidential candidate Bernie Sanders are taking a victory lap after Amazon.com Inc. and other technology giants leased millions of square feet of office space in New York City -- without the billions of dollars in government support that Amazon tried to negotiate earlier this year.Amazon signed a lease on Friday for 335,000 square feet in the Hudson Yards neighborhood, enough space for more than 1,500 workers. The largest U.S. e-commerce company said it wasn’t getting tax benefits or other incentives.A few weeks earlier, Facebook Inc. leased more than 1.5 million square feet in the city, and the social-networking giant is looking for 700,000 more square feet, according to the Wall Street Journal. Google is also in the midst of a major expansion in the city, adding thousands of employees in coming years.The moves suggest that New York’s deep pool of talented workers is still attracting tech companies even after Amazon abandoned a much larger expansion in the area following fierce public criticism of almost $3 billion in tax breaks and subsidies promised to the company.https://t.co/AC64pG0nZI pic.twitter.com/xzCepkX4AV Alexandria Ocasio-Cortez (@AOC) December 6, 2019 Ocasio-Cortez, who represents parts of the Bronx and Queens, was a vocal critic of Amazon’s doomed HQ2 deal, and she tweeted that the company’s recent lease proved she was right.
Sanders, who has slammed Amazon for warehouse working conditions and the company’s low federal tax rate, weighed in this weekend, too.Their comments were pilloried by some on Twitter, who said that 1,500 Amazon jobs are a fraction of the company’s earlier plan to bring about 25,000 workers to the area.Ocasio-Cortez responded by arguing that Amazon’s larger jobs pledge was longer-term and would have cost the city more.To contact the reporter on this story: Alistair Barr in San Francisco at abarr18@bloomberg.net To contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Virginia Van Natta, James Ludden For more articles like this, please visit us at bloomberg.com ©2019 Bloomberg L.P. |
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