Khaleej Times

Amazon looking for options to New York HQ

- David Shepardson and Susan Heavey Post,

washington — Amazon.com is exploring alternativ­es to locating part of its new headquarte­rs in New York in case the plan should fail due to local opposition, a person briefed on the matter told Reuters.

The online retailer has not yet acquired any land for the project, which would make it easy to scrap its plans, the source said. The

Washington Post reported the story earlier on Friday.

The person said that Amazon was still working toward winning approval from New York officials and had not given up on the proposal, but was considerin­g potential alternativ­es to New York.

Earlier, the which is owned by Amazon chief executive Jeff Bezos, reported that Amazon executives had had internal discussion­s to reassess the situation in New York and explore alternativ­es. It cited two unnamed people familiar with the retailer’s thinking.

In a statement, Amazon said it was working to engage with New Yorkers, but did not discuss whether it would change its plans.

“We’re focused on engaging with our new neighbours — small business owners, educators, and community leaders,” it said. “Whether it’s building a pipeline of local jobs through workforce training or funding computer science classes for thousands of New York City students, we are working hard to demonstrat­e what kind of neighbour we will be.” Amazon shares closed down 1.6 per cent on Friday.

In November, Amazon said it would branch out from its home base in Seattle with plans to create more than 25,000 jobs in two new developmen­ts. The world’s largest online retailer plans to spend $5 billion on the developmen­ts in Long Island City in New York’s Queens borough, and in Arlington, Virginia, near Washington, D.C, and expects to get more than $2 billion in tax credits and incentives with plans to apply for more.

Amazon has mailed flyers to Queens residents touting the economic benefits of its New York expansion. But some residents in the rapidly-transformi­ng Long Island City neighbourh­ood across the East River from midtown Manhattan’s skyscraper­s have loudly opposed Amazon’s plan. They say they fear more crowded subway stations, an overburden­ed sewage system and rent increases that would drive out long-time residents.

“I would be happy not to have them,” said Terri Gloyd, the coowner of the LIC Corner Cafe. “I think most of the neighborho­od hasn’t wanted them here.” She said her neighbors may have given the prospect of Amazon a warmer welcome had the subsidy package not been so large. —

 ?? Reuters ?? Here’s one way those opposed to Amazon’s plans are using to voice their displeasur­e: graffiti ridiculing the firm. —
Reuters Here’s one way those opposed to Amazon’s plans are using to voice their displeasur­e: graffiti ridiculing the firm. —

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