DECIDELED NOTD NOT TO MOVE FORWA LONG ISLAND CITY, QUEENS.
NO INFORMATION ON WHERE IT WILL
GO INSTEAD.
GO INSTEAD. >> A LOT TO COVER.
>> THAT BREAKING NEWS.
AMAZON CANCELING ITS PLANS TO
BUILD A SECOND HEADQUARTERS IN
NEW YORK CITY.
>> CITES ISSUES WITH LOCAL
REPRESENTATIVES WOULD OPPOSE THE
PLANS.
PLANS. SAYING REQUIRING POSITIVE
RELATIONSHIPS WITH STATE AND
LOCAL ELECTED OFFICIALS WHO WILL
BE SUPPORTIVE OVER THE LONG
TERM.
TERM. A NUMBER OF POLITICIANS MADE IT
CLEAR THEY POSED OUR PRESENCE
AND WILLIAM NOT WORK WITH US TO
BUILD THE TYPE OF RELATIONSHIPS
REQUIRED.
REQUIRED. >> ONE IN PARTICULAR, ONE STATE
SENATOR, WAS AT THE FRONT OF
THIS PUSH TO NOT HAVE AMAZON.
WE’LL BE SPEAKING TO HIM.
AMAZON SAYS IT DOES NOT INTEND
TO REOPEN THE SEARCH FOR A NEW
HEADQUARTERS.
HEADQUARTERS. >> INTERESTING.
>> INTERESTING. JOINING US, NBC NEWS TECHNOLOGY
CORRESPONDENT JACOB WARD AND NBC
SENIOR MEDIA REPORTER DYLAN
BYERS.
BYERS. WE KNOW AMAZON PROMISED 25,000
JOB, AND MILLIONS OF DOLLARS IN
INVESTMENT IN EXCHANGE FOR 2
INCENTIVES.
INCENTIVES. NEW YORK KNEW AND HAD TO BE ON
SOME LEVEL FOR THAT KIND OF
DOUGH COMING IN THE DOOR.
>> GOVERNOR CUOMO HAD SAID HE
TRIED TO GET A BUSINESS WITH 100
JOBS AND THE LOSS OF 25,000 JOBS
A VERY BIG DEAL.
THE LARGER OBJECTION THAT SO
MANY PEOPLE HAD IS WHEN YOU
BRING IN A TECH COMPANY.
A HUGE $25,000 JOB TECH COMPANY.
ILTHS IN THE
YOU’RE ATRACTING OUTSIDE TALENT.
THE BEST AND THE BRIGHTEST.
CITY LEADERS FELT THIS WASN’T
GOING TO BE THE RIGHT KIND OF
BENEFIT FOR THAT NEIGHBORHOOD
AND MAYBE FOR THE CITY.
PEOPLE ARE ON EITHER SIDE OF
THIS THING.
THIS THING. PEOPLE FELT THIS WAS GREAT FOR
NEW YORK.
NEW YORK. AND A WHOLE BUNCH WHO THINK
AMAZON STRUNG THE SWEAR COUNTRY
ALONG WITH THE IDEA IT WOULD GO
IN AND CHANGE COMMUNITIES.
IT WAS NEVER GOING TO CHANGE
NEW YORK.
NEW YORK. BUT IS THIS GOOD OR BAD?
>> LOOK, LINING YOU SAID, IT’S A
DE
DE DIVISIVE ISSUE.
DIVISIVE ISSUE. WHO FEEL LIKE AMAZON DOESN’T
DESERVE $3 BILLION IN TAX
INCENTIVINGS.
INCENTIVINGS. ANOTHER CONTINGENT FEELS 25,000
JOBS, THAT WOULD HAVE BENEFITED
LONG ISLAND CITY.
AS A KID FROM SESEATTLE, KNOW WH
AMAZON CAN DO FOR A CITY.
>> WE CAN SAY LISTEN NEW YORK IS
FINE AND DANDY.
WE DON’T NEED IT.
TAKE YOURSELF BACK IN NEW YORK
CITY 15 YEARS AGO TO THE MEAT
PACKING DISTRICT.
PACKING DISTRICT. >> WHEN PEOPLE COULD AFFORD TO
RENT A PLACE?
MIDDLE CLASS PEOPLE CANNOT RENT
IN NEW YORK.
>> I’M JUST PAINTING THE
PICTURE.
PICTURE. YOU HAD THOSE MEAT PACKING
FACILITIES.
FACILITIES. MORE AFFORDABLE HOUSING.
SINCE THAT NEIGHBORHOOD CHANGED,
YOU NOW HAVE A WHOLE LOT MORE
JOBS.
JOBS. YOU HAVE TECH OVER THERE.
THIS IS A WAY --
>> NONE OF US KNOW A TEACHER WHO
LIVES IN NEW YORK, A
FIREFIGHTER.
FIREFIGHTER. NONE OF US KNOW AN ARTIST.
YOU KNOW WHY THERE’S NO GRAFFITI
IN NEW YORK?
IT’S TOO FAR FROM THE CITY.
>>S THAT A QUESTION, ARE WE GOIN
KEEP BRINGING THE PEOPLE IN FROM
INSIDE AND PUSHING PEOPLE
FURTHER OUT.
FURTHER OUT. THE STATISTICIAN MADE AN
INTERESTING OBSERVATION.
INTERESTING OBSERVATION. WHICH IS LOOK THE PEOPLE WHO
ACTUALLY SUPPORTED -- IF YOU
LOOK AT THE POEMLLS, THE PEOPLE
WHO SUPPORTED IT, INCLUDED A LOT
OF PEOPLE IN THE OUTER BOROUGHS.
PEOPLE WHO OPPOSED IT WAS WHITE
AFFLUENT PEOPLE IN MANHATTAN.
THAT’S JUST ONE POLL.
I THINK AT THE END OF THE DAY,
THE LAST WORD ON THIS IS THAT
AMAZON WOULD HAVE BEEN GOOD AND
BAD FOR NEW YORK CITY.
DID THE GOOD OUTWEIGH THE BAD?
WAS THE LONG-TERM INVESTMENT IN
GROWTH FROM AMAZON WORTH THE
SHORT-MATERIAL COST.
SHORT-MATERIAL COST. >> THAT’S WHAT YOU HIT.
NOBODY’S GOING TO COMPLAIN IT’S
BAD TO HAVE COMPANIES COME IN.
JACOB WHAT AMAZON EXTRACTED IN
ORDER TO GET THIS LOCATION IN
NEW YORK IS WHAT A LOT OF PEOPLE
ARE CRITICAL OF.
>> I THINK THAT 1.85 --
>> THAT’S RIGHT, THE THING
OBVIOUSLY MORE BROADLY IS THEY
EXTRACTED FROM 238 CITY IT IS
BETWEEN 5 AND 10 POSSIBLE
SITINGS.
SITINGS. TO BE PART OF THE COMPETITION.
YOU’VE GOT TO THINK ABOUT WHAT
THEIR LOCK-NG-TERM STRATEGY IS.
THEY’RE GOING TO EXPAND.
THEY KNOW BASED ON THE THOUSANDS
MADE AVAILABLE TO THEM, NOT ONLY
DO THEY KNOW WHAT KIND OF
CONCESSIONS THEY’LL GET, THEY
KNOW EXACTLY WHERE THEY’RE GOING
TO PUT A LATIN AMERICAN
HEADQUARTERS THAT COULD BE
PERFECT IN MIAMI, RIGHT, R & D
CENTER IN PITTSBURGH.
A LIST OF EXPANSION SITES THEY
HAVE READY FOR.
NOT ONLY DID THEY MANAGE TO GET
ALL THESE CONCESSIONS FROM NEW
YORK CITY WITH AN INCREDIBLE
AMOUNT OF PROTEST IN THE END
SUCH THAT IT DROVE THEM AWAY.
BUT THEY HAVE A BACKUP PLAN.
SO THIS IS BY NO MEANS THE END.
>> I DON’T THINK AMAZON SUFFERS
ONE WAY OR THE OTHER.
>> MY QUESTION IS, I DON’T KNOW
THE ANSWER, WAS NEW YORK CITY
BETTER OR WORSE OFF BEFORE?
THE MEAT PACKING K DISTRISHTH IS
OUR RECENT EXAMPLE.
WHAT IT WAS BEFORE THE HIGH LINE
WAS REDEVELOPED.
WAS REDEVELOPED. ARE WE BETTER OFF TODAY OR 15
YEARS AGRICULTURE?
YEARS AGRICULTURE? >> WHEN YOU LOOK AT WHAT IT
COSTS TO RENT.
WE HAVE TO WORRY WE DON’T BECOME
LIKE LONDON.
LIKE LONDON. WHERE REALLY NOBODY WHO WORK
THERE IS CAN AFFORD TO DO IT.
THEY’RE ALL BECOMING CITIES THAT
ARE UNAFFORDABLE --
>> I WOULD SAY CITIES ARE
CHANGED.
CHANGED. THERE’S NO GOING BACK TO AN
EARLIER TIME.
EARLIER TIME. NO FREEZING OF TIME AND PLACE.
ALL WE DO IS RIDE THE CHANGE AGZ
IT
IT AS IT HAPPENS.
>> SO FOR THESE COMPANIES TO
RELOCATE, IT IS THE ISSUE FOR
THE CONCESSIONS, THE MONEY GIVEN
AWAY FOR STUFF THAT WILL HAVE
GOOD RESULTS AND BAD RESULTS?
IE, EXPENSIVEE IVEIVE PROPERTYIN
IT’S HAPPENING.
IT’S HAPPENING. I GUESS THE BETTER EXAMPLE IS
NASHVILLE.
NASHVILLE. A CITY MINDING ITS OWN BUSINESS
WITH A WHOLE BUNCH OF NEW YORK
BANKERS ABOUT TO SETTLE IN THERE
BECAUSE IT’S TOO EXPENSIVE TO
LIVE IN NEW YORK.
BANKINGS ARES ARE RESETTLING.
>> PUTTING THEIR BACK OFFICE IN
NASHVILLE, DETROIT.
NASHVILLE, DETROIT. WHAT AN AMAZON COULD DO IN
PLACES LIKE PHILADELPHIA OR
BALTIMORE, IT WOULD BE MASSIVE.
>> THERE’S A LARGER STORY.
THERE’S A MASSIVE CONCENTRATION
OF WELLALTH GOING INTO CITIES
WHERE IT IS NOT AFFORDABLE FOR
NIP IN THE
ANYONE IN THE MIDDLE CLASS TO
LIVE THERE.
LIVE THERE. I WONDER, DOES JEFF BEZOS LOSE
HERE A LIMB?
IF HE HAD CONCEDED MORE.
IF HE HAD SAID I’M NOT GOING TO
TAKE SO MUCH MONEY.
OR MAYBE ANNOUNCED INVESTMENT IN
THE INFRASTRUCTURE?
THE INFRASTRUCTURE? >> IF HE DID A REVERSE FOX CON?
SAYING WE’RE GOING TO COME TO WI
WHICH AND WE WANT 1 ZILLION
DOLLARS IN BREAKS?
>> HERE’S WHY -- LOOK, YOU’RE
RIGHT.
RIGHT. BEZOS ISN’T GOING ANYWHERE.
AMAZON IS GOING TO BE FINE.
I WONDER ABOUT HIS SORT OF
LEGACY.
LEGACY. HERE WAS AN OPENING IN ONE OF
THE MOST ENINFLUENTIAL CITIES.
IF HE WAS WILLING TG GING TO GIV
LITTLE MORE.
LITTLE MORE. I THINK THAT’S AN INTERESTING
DEBATE.
DEBATE. ABOUT WINNERS AND LOSERS.
IT’S GOING AROUND ON TWITTER.
THE FOLKS WHO BOUGHT REAL ESTATE
IN LONG ISLAND CITY BECAUSE THEY
THOUGHT THEY WERE MAKING AN
INVESTMENT ON THE FUTURE AND NOW
HAVE TO FIGURE OUT WHAT TO DO
WITH THOSE CONDOS.
>> BUT IN FAIRNESS, THIS LONG
ISLAND CITY IS ONE SUBWAY STOP
CITY AWAY FROM MALTNHATTAN.
>> CAN I JUST ASK ONE QUESTION?
>> WE DON’T HAVE ANY TIME LEFT.
>> I KNOW.
LET’S SAY HELP CHOSE A CHOSE A D
CITY.
CITY. >> THE CONVERSATION WOULD BE
MORE FAVORABLE FOR AMAZON.
>> LOCAL POLITICIANS HAD SAID IN
CITIES THAT WERE IN NEED?
>> ROCHESTER HAD KODAK, GONE.
THEY WOULD LOVE A NICE BIG PLAN.
WE COULD TALK ABOUT THIS A LONG
TIME BUT THERE’S OTHER STUFF --
>> WE CAN BUT OUR PRODUCER IS
GOING TO KILL US.
>> DYLAN BYERS.
>>> JEFF BEZOS BLAMES LOCAL
OFFICIALS WHO OPPOSE AMAZON’S
PRESENCE IN NEW YORK.
COMING UP LATER THIS HOUR,
NEW YORK STATE SENATOR WHO
REPRESENTS LONG ISLAND CITY AND
SURROUNDING AREA ALSO IN THE