Posted on 02/14/2019 9:12:13 AM PST by SMGFan
LOL!! Keep losing that tax revenue, dumbasses! NYC—(no longer the Big Apple)—the Big Nothing. Stupid assed commies.
Your comment is understandable and right, but LI City has been undergoing redevelopment for quite some time. What was once, nothing but warehouses, trucking companies, fabrication shops, and down right nasty, it’s made a 180 degree turn around with high rises, office towers, apartments, shops, restaurants, etc. Manhattan and Brooklyn are pretty much out of reach for most folks, so it was natural progression.
I doubt any of the other developers were able to finagle a deal, anywhere close to what Bezo’s got.
And, of course, there’s an even bigger chance that he wasn’t willing to: pass an envelope to those local politicians and organizers, promise a lucrative job for one of the aforementioned individuals family members or girlfriend, wasn’t willing to make large charitable donations to certain charities, etc etc.
I think cities and states should be banned from offering massive incentives to companies willing to relocate. The citizens wind up paying for incentives which frequently fail to materialize in the projected jobs or business taxes over the long haul.
Same with sports stadiums.
The details of this deal were more like $3 billion for 25,000 jobs. Is it a bad deal for NY? Probably not. But thats not the issue. It is bad policy, bad for capitalism, bad for small business, bad for anyone competing with Amazon.
I deal with that situation all the time in my neck of the woods.
The governor never picks up the phone when the guy you describe calls to explain that he's getting ready to relocate out of the area because he can't afford to do business there anymore.
Big agree!
You are probably right. It is sad.
The obvious place is to buy the 3M complex in Bristol Township, Pa., near the intersection of the New Jersey and Pennsylvania turnpikes.
Rebuilt the 3M airport.
Pennsylvania just finished the new link between I-95 and the turnpikes.
Now New Jersey and Pennsylvania need to build the “missing link” between I-295 across the Delaware River in Bordentown and Morristown, Pa., to link U.S. 13, the former USS Steel plant and its industrial park, the 3M plant and the large Conrail railroad yards that service the Northeast Corrider and the West Trenton Septa line (old Reading RR) through western New Jersey.
New York City just kissed goodbye to a potential 25,000 white-collar jobs (and 150,000 jobs in support). I would not be surprised that Amazon now seriously looks at Fort Worth, TX for the HQ2 campus, which has the space to accommodate all those workers and has both a large private airport and the nearly Dallas-Fort Worth International Airport (DFW) for business travel.
They are interviewing restaurant owners and such in the area now; they aren’t a happy bunch.
At some point smart people will realize that the last thing gibsmedats want is jobs; they view work (for wages) as slavery, and unnecessary when their needs are provided for without it. I understand most of the people in that area wouldn’t have been filling many of the new high-wage jobs there, but the impact of those dollars in that area would have been a positive thing, offering plenty of jobs in “support roles” (like all the jobs that accompany military bases and such - restaurants, drycleaners, etc.).
Those who opposed it had some valid points (they’d bear the brunt of the “forgiven” taxes, and could be priced out of their homes), and those who insisted the development was necessary have some valid points as well - primarily that the whole state is circling the drain financially and demographically.
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