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.
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