https://streeteasy.com/for-sale/long-island-city
These prices are insane. The people around this area wouldn't have been able to afford these units anyways.
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https://streeteasy.com/for-sale/long-island-city
These prices are insane. The people around this area wouldn't have been able to afford these units anyways.
Google offered free high speed internet for everyone in SF. Literally all of the city as a free utility, including covering the city with free wifi internet access. People fought it so Google said okay and took their extra money home.
I've seen SF screw themselves out of things over and over with one hand while screwing their populace over with the other.
If NY doesn't want it it's not like it hurts Amazon. NY wanted Amazon for the jobs and the name and the prestige. Now it's not going to happen. So what?
You're making too much sense. These big companies don't need to fight through this much legislation and tantrum to get what they want. I can't stress this enough. I will admit, Amazon coming here likely pushes my home value up 5-10% depending on what else happens after. But that wasn't and isn't my concern. I don't work in the tech industry nor would apply to Amazon. This was simply a mistake and would have helped this neighborhood a lot. Too much focus on what Bezos is worth and not enough about how this could and would have helped thousands of people.
This would have only continued to bring more out of towners to NY, pushing rents up and pushing middle class workers to live further away from Manhattan. It would have continued the income inequality in NY where the top executives earn bigger profits while the middle class stays struggling from paycheck to paycheck, Amazon already has had a bad reputation for Employee rights. To top it off New yorkers would have been paying in taxes to subsidize the richest company in america to be here to create that havoc.
Yes, the 5% of property owners would have benefited from property value going up while everyone else gets a stick in their behind to have to deal with the commute, the overcrowding and the higher rents.
Other companies can come to NY if they have less demands and are less of a tax burden to the middle class
Bezos’ net worth is not so much at the heart of the issue, but rather the attitude of the company (though his worth probably influences this attitude). See your second sentence. It is for the most part accurate, and at the same time, it reflects an attitude in contemporary America that (to me) is at the very least, arrogant.
I am not going to argue that this move would not have a positive impact on “thousands of people.” It probably would. It would also potentially have a negative impact on thousands of people, and if Amazon does not have the desire to address those in good faith — and no, they are not just tantrums, they are people’s lives — then maybe there is a silver lining to this cloud after all.
In fact, it strikes me that it is Amazon that is having the tantrum.
But the problem of NY getting too expensive isn't an amazon issue is it?
If you can't afford to live in NY then move somewhere else. This is the nature of the world. Being wistful of the distant past when NY wasn't crazy expensive doesn't have any effect on the reality.
Part of the issue is that historical preservation societies and NIMBY and expensive permits and incredible restrictions on construction has meant that housing density in NY hasn't significantly increased in 30 years. The result of that in a successful area is ALWAYS increasing price.
That said, I have no issue with an area not wanting to give tax breaks to bring in business, but when a business looks at the cost and benefits of doing business in location A vs B it's certainly not evil for them to try to get location A to balance out some of the negatives (in NY that is ALL costs) with tax breaks.
Also the headache that mass transportation for that area would have created is crazy. The 7 line is one of the most used and then you adding a **** lot more riders?
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Is not an Amazon issue, gentrification is the biggest reason why, but Amazon would have just made it even worst.
I loved almost my whole life in the south Bronx. Right now is being gentrified and what used to be a ****** place to live in will become pretty expensive for many. I’ll take another decade to really clean out that area.
My uncle bought a house there for 60k back in the 90’s. Right now he can sell that house for about 500k at the lowest. In a couple of years it will be about 750k.
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1) NY is in dire need of tech professionals in case you didn't know. It's not diverse enough in that sector. My brother works in the tech field and it's very limited here. Lots of NY'ers with computer science degrees could have benefited from this.
2) Problem in NY is the taxes.. Everything is expensive BECAUSE of taxes. Do your research. City+Local taxes are one of the highest. Everything is marked a premium because of taxes. Go farther away from the city and you'll see lower prices. Wonder why?
3) You're talking about warehouse workers. In that case, that's plausible but people have to understand that warehouse jobs aren't easy for any company. It's just Amazon is the biggest company in the world (or was for a short period of time) and they were easy targets. Their tech jobs reputation isn't as bad as you are making it out to be.
4) No, NY'ers aren't paying any taxes. You don't know what you're talking about. It's a tax INCENTIVE. Just like it's a tax incentive for me to purchase an electric over gas. The only money saved is my money. I don't qualify for the tax incentive if I don't purchase an electric vehicle.
5) The overcrowding and higher rents that will always exist because NY is a fabolous urban city? If Amazon isn't there, do you think it gets better? I don't. And it shouldn't. Times are changing so people have to adapt. If you can't stay in the city, move elsewhere. A lot of people have benefited from being in NY so let's not pretend that we aren't the MOST DIVERSE city for a reason.
MTA is inefficient. That's not Amazon's fault. It's the role of the government to stop handing them money and be more efficient. It cost us more than any other mass transit system to repair or create new tunnel lines. We hire more people to do the work that other countries can do with far less people. There is a massive amount of corruption and a lack of accountability. Not to mention our transit system is far too ancient so it's going to take a massive overhaul to truly fix these problems. If you want to know how corrupt MTA really is and how they work with government leaders, they recently just spent millions of dollars on the train platforms in Astoria. Service was shut-down for 7-9 months. What did we get from it? Artwork, new stairs, and a nice LED screen telling us when the next train was coming. This doesn't solve the congestion problem that many NY'ers have a problem with. It was a waste of taxpayer's money to a large extent. If we want to solve the congestion issue, it's not by disallowing companies from moving in. It's to have an overhaul of MTA and figure out why they're grossly mismanaging funds because they get billions in government subsidies every year. Billions that NYer's are paying for and every month, the service gets worse.
Amazon would have brought in more jobs, more tax revenue, and more economic activity. I'm not sure why you think this is even the same as if Amazon went to some rural area. NYC is already one of the most expensive places. Everyone knows it will only get more expensive. The effect isn't as huge as some people think. How much do you want to bet, with or without Amazon, rents will increase in surrounding areas? How much do you wanna bet that five months from now, our trains will still be slow?
For sure. Google wants user data. But why do people pretend this is a zero-sum game? Do people honestly think user data won't be taken if any other service were used? The point is, these big companies aren't looking to destroy a city. They're looking to grow their company. And it's foolish and ignorant to disregard their presence just because they are a huge company. They didn't start huge, remember that. Amazon was founded in a garage by initially selling books. They grew because they provided a service everyone could use. Everyone loves two-free day shipping and having the items they want without having to drive to get it. To assume Amazon doesn't benefit the lives of millions of people? Does AOC have Amazon prime? I bet she does.
Ya but you can apply that to all parts of the country. Why aren't people in the Rust Belt not moving across country for jobs if there aren't anymore where they live? People have built lives and families in these places.
It's ironic though that as capital accumulates in urban centers, and more people move to them, that people who are already established in these centers are forced to leave because they can't afford to live there anymore as more jobs and people move to them.
I agree. It's unfair in most aspects but that's how life has always been. People moved from continents, countries, etc., on a larger scale. It's simply the product and there is always bad/good to it. But I think this is a good deal that would have helped NYC. Scratch that, I know this would have been good. We desperately need those jobs in these areas.
I know things will get expensive regardless of Amazon, am saying in that area it would have happen faster.
And trains being slow is not a problem as malfunctions, but my point is the 7 line is one of the most crowded lines and it would have created a bigger issue to that line.
Their are pros and cons to that situation and I get it, but I think for the most part NYC will be alright with or without Amazon. I think other cities would be more affected positively by them getting them to locate there.
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