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Relocation of Business

Google to Add $1 Billion New York Campus for 7,000 More Workers

Google said on Monday it would expand its presence in New York City with a $1 billion campus in the West Village, allowing the company to double the size of its 7,000-employee work force over the next decade. The centerpiece of the 1.7 million-square-foot hub will the St. John’s Terminal …

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Nashville’s Star Rises as Midsize Cities Break Into Winners and Losers

Music City Rising Ask Ralph Schulz, president of Nashville’s Chamber of Commerce, why this city has done so well and he begins with the Civil War. Nashville surrendered early, allowing it to avoid the destruction that befell many Southern cities. Union troops used the city as a logistics hub, which …

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Chase for Talent Pushes Tech Giants Far Beyond West Coast

The search for talent outside Silicon Valley and Seattle has also been prompted by issues in the companies’ hometowns, which have not built enough housing to keep up with their growing work forces. San Francisco, San Jose, Oakland and Seattle are the four most expensive major cities in the country …

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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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Bits: The Week in Tech: Amazon Finally Makes an HQ2 Decision

Until recently, Amazon barely involved itself in Seattle’s civic politics. Its growth was steady for more than a decade, only kicking into high gear the past few years. For a while, Amazon’s main involvement with city hall was more about small things like approvals for street vacations than major politics. …

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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 Announces New York and Virginia as HQ2 Picks

SEATTLE — Amazon laid out its plans for two of the biggest economic development projects in the country on Tuesday, announcing that it will put major corporate outposts in New York City and Arlington, Va. The two locations, in Long Island City in Queens and Crystal City in Arlington, just …

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What We Don’t Know About Amazon’s Split HQ2

States, cities and counties often run their own incentive programs, each with different requirements. New York State, for example, provides tax credits to employers that move to certain parts of boroughs beyond Manhattan. Many experts expect large deals like this to come with offerings that would require state legislative approval. …

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