Wednesday, November 14, 2018

Sins Of Avarice #3: Bezos Is Getting $573 Million + $195 Million In Infrastructure Upgrades For Queens HQ

The Amazon deal is no win for New Yorkers

New York is offering vastly more than Virginia for its half of the new Amazon headquarters. What’s up with that? The city and state ponied up nearly $3 billion in grants, credits and so on over 25 years. Down south, Amazon is getting $573 million plus $195 million in infrastructure upgrades. Sure looks like Amazon’s Jeff Bezos just fleeced Gov. Andrew Cuomo and Mayor Bill de Blasio as rubes. Columnist E.J. McMahon noted one possible explanation: New York had to pay more to cover Amazon’s added costs for using all-union construction workers. If that’s the deal — and the praise from building-trades honcho Gary LaBarbera suggests it is — then it’s the taxpayers who are getting fleeced. Source

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