Posts tagged with "Virginia":
Just last week, the city announced that it would be infusing the waterfront neighborhood with $180 million in investments toward improving schools, infrastructure, transportation, and open space; it now appears that the announcement’s timing was more than coincidental. The city may also be banking on the future development of Sunnyside Yard, the 180-acre active rail yard situated between Long Island City and Sunnyside, to soak up some of the expected influx of new residents. Although Long Island City, directly across the East River from Midtown Manhattan, is served by eight subway lines, the Long Island Railroad, and easy connections to both John F. Kennedy and LaGuardia airports, New York’s subway and bus systems are already in the middle of a crisis. Sky-high ridership in recent years, overcrowding, cascading mechanical failures, and struggles to find the funding necessary to fix the subways’ most pressing issues have all contributed to a decrease in the quality of New York’s transportation network. Governor Cuomo, for his part, has been quiet on whether the incentives offered to Amazon include money to improve, or at least fortify, the subway system, though to this point, the administration has already pledged hundreds of millions of dollars in tax incentives. Yesterday, the governor joked that he’d go as far as to “change my name to Amazon Cuomo if that's what it takes." We’ll see if he follows through.
I don't know exactly where in LIC Amzon HQ2 will be, but the majority of LIC is categorized as opportunity zones. If HQ2 is built in an opportunity zone, Amazon will not pay taxes on land. In New York City. pic.twitter.com/IwTpYDK5Rt— Lena Afridi (@lpafridi) November 6, 2018
HQ2 is slated to start operating in 2019, which means that Amazon will have to be ready to hit the ground running with their new headquarters. Lending credence to the Crystal City speculation was a tweet from Mike Grella, Amazon’s director of economic development, who lashed out at the leakers, saying they weren’t “doing Crystal City, VA any favors.”
Amazon is doing what always happens in corporate relocations – they’re moving to near the boss’s mansion. It’s gonna be Crystal City for HQ2 https://t.co/eSS9HfmXlx— Market Urbanism (@MarketUrbanism) November 3, 2018
If Crystal City or the Northern Virginia area really have been favored all along, it could raise questions of whether the other cities wasted their time and money in putting together bids. Worse yet, critics have alleged that Amazon had been sussing out what incentives they could wring from each city, and has even gone against their own selection criteria in drawing up the shortlist. AN will follow up on this story later this year when the final location of HQ2 is made public.
Memo to the genius leaking info about Crystal City, VA as #HQ2 selection. You’re not doing Crystal City, VA any favors. And stop treating the NDA you signed like a used napkin. https://t.co/wqrZLqr8MQ— Mike Grella (@MikeGrella) November 3, 2018