Amazon pulls out ❌ of $3 billion deal to bring HQ2 🏢 to NYC

  |   Tech News

Amazon said Thursday it was bailing on locating its new campus in Queens, dealing a devastating blow to Gov. Andrew Cuomo and Mayor Bill de Blasio and costing the region up to 25,000 high-paying jobs.

“After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the online retail giant said in a statement that cited local opposition to the massive, heavily subsidized project.

“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 we and many others envisioned in Long Island City”, the company said.

The city and state came up with $3 billion in subsidies for one of the world’s richest companies, infuriating local opponents, including state Sen. Michael Gianaris, the deputy majority leader.

And the company said it would abandon the search for a site for its new campus, dubbed HQ2.

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