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High-Tech Degrees and the Price of an Avocado: The Data New York Gave to Amazon

“During the process it became clear to us that the overriding criteria was going to be the ability to find and attract talent,” Jay Carney, a senior vice president at Amazon, said in an interview immediately after the company announced its plans for New York and Virginia. Was any of …

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Bad Landlord? These Coders Are Here to Help

[What you need to know to start the day: Get New York Today in your inbox.] When Dan Kass moved to New York City in 2013 after graduating from college in Boston, his introduction to the city was one that many New Yorkers are all too familiar with: a bad …

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New York Is a Genuine Tech Hub (and That Was Before Amazon)

MongoDB trades at about $70 a share, compared with its initial price of $24 a share, when it went public in October 2017. Etsy, which went public at $16 a share in 2015, currently trades at about $47 a share. “New York entrepreneurs, investors and boards are just starting to …

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A $2 Billion Question: Did New York and Virginia Overpay for Amazon?

New York City did not offer any special tax breaks to Amazon as part of the deal. But the company will be able to take advantage of existing city tax credits, including a program designed to encourage companies to create jobs outside the busiest parts of Manhattan. The program, open …

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Amazon’s HQ2 Will Benefit From New York City. But What Does New York Get?

Not that young tech workers, more and more of them immigrants, wanted to live in suburbia, anyway. Increasingly they demanded the diversity and benefits of city life. And so did successful innovation companies, following the lead of workers. Another way to put it is that companies like Google, Facebook and …

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Amazon’s New Neighbor: The Nation’s Largest Housing Project

Until recently, the most important thing to know about Amazon for residents of the Queensbridge Houses, the country’s largest public housing project, was that any packages left in a lobby would likely be stolen. But Amazon may soon be a far larger presence in their New York City neighborhood. The …

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Visions of a Tech Hub? Landing Amazon Is Just a Start

When Amazon announced plans to build a second headquarters somewhere in North America, it set off a competition for a sort of new-economy golden ticket, a chance for one city to become, almost overnight, a magnet for the high-paying jobs and entrepreneurial spark that are hallmarks of urban success in …

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Losers in Amazon Sweepstakes Aren’t Ready to Throw in the Towel

SAN FRANCISCO — Chicago offered $2 billion in tax breaks. North Carolina wrapped buses in Seattle with a pitch for Raleigh. A Philadelphia coffee chain printed the Amazon logo into the foam of its lattes. Now it may be all for naught. While Amazon has not officially said so, the …

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Multiple Headquarters Move Amazon Closer to Its Goal: Everything Company

In a way, the two-headquarters story was too good to be true even when Amazon proclaimed it bluntly and at length. “Amazon HQ2 will be Amazon’s second headquarters in North America,” the company said in its promotional material. “We expect to invest over $5 billion in construction and grow this …

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