Tuesday, November 13, 2018

Offer...

Image result for Amazon congestion in nyc cartoon

Officials have kept quiet any economic incentives they’re offering Amazon to move part of its second headquarters to Long Island City.  
 Gov. Andrew Cuomo has said he is doing everything he can to lure the tech giant, even joking he’d change his name to “Amazon Cuomo” and rename Newtown Creek the “Amazon River.”
But Cuomo’s been tight-lipped about the specific incentives he’s putting on the table. And the New York City Economic Development Corporation has refused to give details about the proposal it submitted to Amazon in October of last year, denying Freedom of Information Law requests by The Real Deal and other organizations.
One tool the governor has is to offer Excelsior Jobs Program tax credits, which has so far committed more than $1.04 billion in tax credits across the state, according to a quarterly report from March.
Free tax Money to create additional congestion that the governor  wanted to reduce by taxing others.

No comments:

Post a Comment