Amazon Cancels Plans For NY Headquarters

[Economy 53,072]

https://www.bnnbloomberg.ca/amazon-scraps-plan-for-new-york-hq2-in-stunning-reversal-1.1214412

 

Amazon has announced that they will scrap their plans to build one of their headquarters in New York

 

The company complained that local opposition from some citizens and more importantly many politicians will make it difficult to make plans run smoothly

 

They will build their second headquarters somewhere else

[dynamite 67,486]

Antarctica

Hello and welcome to Amazon HQ noot noot 

[ferretti 5,808]

This makes me sad. I live in Queens, next to LIC (or in LIC, depending on who you ask or which mapping service you use) and I think Amazon would've truly been a giant net-positive for the city and Queens in particular.

Oh well, I guess I'll stop applying to work there as well.

[LateToCult 42,092]

4 minutes ago, ferretti said:

This makes me sad. I live in Queens, next to LIC (or in LIC, depending on who you ask or which mapping service you use) and I think Amazon would've truly been a giant net-positive for the city and Queens in particular.

Oh well, I guess I'll stop applying to work there as well.

Sis, trust me. They would price you out of Queens in a couple of years. They’ve already changed Seattle so much. We’re not exaggerating.

[BalmungBard 715]

I live in Queens myself and the Amazon headquarters would’ve created a ton of job opportunities for people and the economy of Queens itself. Given how many empty factories there are in LIC it wouldn’t have been a problem. 

[River 128,524]

They have a few buildings of offices and the customer service in Costa Rica and they pay like 700-800$ a month but you still need to pay for delivery to CR

[Economy 53,072]

Just now, ferretti said:

This makes me sad. I live in Queens, next to LIC (or in LIC, depending on who you ask or which mapping service you use) and I think Amazon would've truly been a giant net-positive for the city and Queens in particular.

Oh well, I guess I'll stop applying to work there as well.

Honestly I believe we live in an era where large scale projects are just difficult in general especially in more left leaning jurisdictions (I'm not against the general Left Spectrum in politics im talking about people that take things to an extreme)

 

There's always groups of people who protest everything and anything now

 

Here in Canada my province lost almost $1 Billion in spent money for a new powerplant that started and it never got finished because local opposition was so strong and the province gave up on it

 

In the West there's not a single large pipeline that has been able to get approved for a decade now also because of protests and endless court challanged that never end so our oil companies get peanuts and huge discounts on their pricing due to lack of market access

 

A really big revolutionary water park proposed for Toronto that would bring in more tourism and more local entertainment never went thru cuz people complained it would make traffic worse in that area

 

People literally manage to stop everything now. I hate living in the 21st century sometimes 

[ferretti 5,808]

2 minutes ago, LateToCult said:

Sis, trust me. They would price you out of Queens in a couple of years. They’ve already changed Seattle so much. We’re not exaggerating.

I know it's impacted Seattle immensely, but NYC is already so large and that this would not have had a massive impact on us. Surely, immediately around the headquarters would see an uptick, but not overall. I also have a real estate friend who I quizzed on it last week and he said it was treading towards very minimal effects. Our rents are already sky-high.

[ferretti 5,808]

2 minutes ago, Economy said:

Honestly I believe we live in an era where large scale projects are just difficult in general especially in more left leaning jurisdictions (I'm not against the general Left Spectrum in politics im talking about people that take things to an extreme)

 

There's always groups of people who protest everything and anything now

 

Here in Canada my province lost almost $1 Billion in spent money for a new powerplant that started and it never got finished because local opposition was so strong and the province gave up on it

 

In the West there's not a single large pipeline that has been able to get approved for a decade now also because of protests and endless court challanged that never end so our oil companies get peanuts and huge discounts on their pricing due to lack of market access

 

A really big revolutionary water park proposed for Toronto that would bring in more tourism and more local entertainment never went thru cuz people complained it would make traffic worse in that area

 

People literally manage to stop everything now. I hate living in the 21st century sometimes 

Yeah, it's an interesting time for sure. I think it sorta depends. If the opposition is based on something like not producing a lot more fossil fuels and destroying the planet, I support it. That money that would've been allocated should then, instead, but put towards more renewable sources that can help achieve the same goal. Obviously that'll be a lot more expensive and might not work in the region where oil might be prevalent, but when things can be shifted, they should.

Very sad over the water park thought. Traffic is a big deal, but growing your area and bringing in more money can have so many positives. Plus you can use some of that extra money to invest in better infrastructure and transit options. Lame.

[Economy 53,072]

2 minutes ago, ferretti said:

Yeah, it's an interesting time for sure. I think it sorta depends. If the opposition is based on something like not producing a lot more fossil fuels and destroying the planet, I support it. That money that would've been allocated should then, instead, but put towards more renewable sources that can help achieve the same goal. Obviously that'll be a lot more expensive and might not work in the region where oil might be prevalent, but when things can be shifted, they should.

Very sad over the water park thought. Traffic is a big deal, but growing your area and bringing in more money can have so many positives. Plus you can use some of that extra money to invest in better infrastructure and transit options. Lame.

About the oil industry there it's argued that blocking pipelines doesn't really help emmisions cuz:

 

#1 international oil companies have assets in other nations not just Canada so any slow down in investment here simply will get re-routed somewhere else

 

#2 we have tougher environmental standards already than most Nations so if others produce more instead of us that's actually a bad thing

 

#3 the amount of money lost from the discounts is so significant that you can achieve better environmental gains doing other things (like green investments) that wouldn't have such a huge economic cost in relation to negligible net environmental gains

 

Sorry if I ranted about that I feel like many right here in Canada that oppose our biggest exporting industry (oil) don't have know all the facts or look at the big picture

 

I get what ur saying about there sometimes being valid reasons to wanna stop something tho

 

But I also think overall it's excessive

[LateToCult 42,092]

26 minutes ago, ferretti said:

I know it's impacted Seattle immensely, but NYC is already so large and that this would not have had a massive impact on us. Surely, immediately around the headquarters would see an uptick, but not overall. I also have a real estate friend who I quizzed on it last week and he said it was treading towards very minimal effects. Our rents are already sky-high.

Even if NYC can handle the rent prices because of it’s size there’s still no guarantee that New Yorkers are going to be the ones receiving the jobs. They’re going to be pulling a lot of talent from Seattle, California and other parts of the world. NYC is a titan in many industries, but it’s still lagging in tech. 

[ferretti 5,808]

Just now, Economy said:

About the oil industry there it's argued that blocking pipelines doesn't really help emmisions cuz:

 

#1 international oil companies have assets in other nations not just Canada so any slow down in investment here simply will get re-routed somewhere else

 

#2 we have tougher environmental standards already than most Nations so if others produce more instead of us that's actually a bad thing

 

#3 the amount of money lost from the discounts is so significant that you can achieve better environmental gains doing other things (like green investments) that wouldn't have such a huge economic cost in relation to negligible net environmental gains

 

Sorry if I ranted about that I feel like many right here in Canada that oppose our biggest exporting industry (oil) don't have know all the facts or look at the big picture

 

I get what ur saying about there sometimes being valid reasons to wanna stop something tho

 

But I also think overall it's excessive

That's legit and I am definitely someone who is not very knowledgable on the subject, especially concerning Canada specifically. I do think, more in an abstract way, that we must do everything we can to curtail our dependence on oil. And that's really only going to come from the countries that can afford to do it. For sure it'll be re-routed, but creating a greener world requires the sacrifice. And it doesn't have to be instant. Of course it's going to take many, many years. But I do think easing slowly out of what exists now and not adding to it is worthwhile to figure out. It's not just about the money and investment, it's about literally stopping what's happening at likely high cost.

I totally understand what you're saying though. This is just my very liberal, very uninformed opinion on things overall, ha.

[ChromaticPrincess 1,346]

Are they still building the one in Arlington? 

[rojo 560]

I'm so happy to hear that. I wasn't opposed to amazon coming to nyc but they definitely dont need millions of dollars in tax breaks.

[Economy 53,072]

59 minutes ago, ferretti said:

That's legit and I am definitely someone who is not very knowledgable on the subject, especially concerning Canada specifically. I do think, more in an abstract way, that we must do everything we can to curtail our dependence on oil. And that's really only going to come from the countries that can afford to do it. For sure it'll be re-routed, but creating a greener world requires the sacrifice. And it doesn't have to be instant. Of course it's going to take many, many years. But I do think easing slowly out of what exists now and not adding to it is worthwhile to figure out. It's not just about the money and investment, it's about literally stopping what's happening at likely high cost.

I totally understand what you're saying though. This is just my very liberal, very uninformed opinion on things overall, ha.

That's a valid argument! Even tho it might not help the environment globally much because of investments simply going elsewhere, it's true that long term someone has to make the changes first!

 

Although I'd prefer to slow down the oil industry by limiting approvals of new projects rather than stopping pipelines and forcing projects that are already existing to get such bad pricing

 

Also I worry about my countries future standard of living. Manufacturing and Resources have long been how we made our national income and exports

 

manufacturing has been slowly dying as it's hard to compete with cheap labor Asian Countries... And my Provinces (Ontario which has 50% of all of Canada's remaining manufacturing) high electricity prices prices from aggressive green investments isn't helping

 

that has kind of left us with the resource sector to rely on (especially energy). If we start attacking that too what are we supposed to rely on???

 

sure the high tech sector has been growing nicely for years but it's not even close to big enough to offset the large energy sector not to mention manufacturing as well

 

Canada also has terrible productivity problems. We produce less per worker than most developed nations for whatever reason despite a highly educated workforce...

 

some say it's because Canadians aren't risk takers and don't invest as heavily in new ideas or even machinery for example in a plant than in other countries... Other say it's our high immigration rate and immigrants tend to produce less because of social road blocks (such as learning English, adapting credentials to new standards etc) but whatever the reason our productivity is bad

 

so without the energy and resource sector I don't see how we can continue to be one of the world's wealthiest Nations. I don't think people here realize that when they attack the energy industry so much