Amazon recently abandoned plans to build half of its “HQ2” in New York City. From an economic standpoint, New York City is attractive with its highly skilled labor force, dynamic and innovative environment, and huge market. Instead, it doubled down by picking New York City, another city with several anti-corporation officials and community leaders. Many New York and Seattle officials think that big companies such as Amazon and their wealthy executives should do more to alleviate the problems that city policies often create or exacerbate. Or consider subway funding in New York City.
Source: Forbes February 15, 2019 19:30 UTC