Mayor says Toronto reaping benefits from failed Amazon HQ2 bid

Governor Andrew Cuomo and Amazon CEO Jeff Bezos with renderings of Anable Basin

Still, the process has resulted in a year of positive publicity, highlighting Amazon's ability to create jobs and investments, even as the company has faced critics ranging from U.S. President Donald Trump to Vermont Sen.

Rather than seeing this as an opportunity for more people in her community to be gainfully employed and the economy to improve, Ocasio-Cortez views it from a democratic socialist's lens: as an opportunity for a greedy corporation to take advantage of people. "Shuffling working class people out of a community does not improve their quality of life".

Considering that Amazon is hovering around a trillion-dollar market cap, some people are understandably outraged that their tax dollars are being used as the equivalent of a GoFundMe for Amazon.

Washington (CNN Business) Alexandria Ocasio-Cortez won't take office until January, but the progressive firebrand is already casting herself as the voice of the people in the debate over Amazon's arrival in NY, even as fellow Democrats rushed to welcome the company.

At 29 years old, Ocasio-Cortez is set to become the youngest member of Congress when she's inaugurated next year.

A protest is already planned for Wednesday as politicians who represent the neighborhood have already expressed concerns. Maloney was one of several Queens officials who signed a letter promoting NY when Amazon was considering it.

The year-long public contest that started with 238 candidates has ended in a surprise split of Amazon's HQ2, and Toronto, unfortunately, didn't make the final cut.

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Google and Amazon's respective expansions in NY open up a new front in the battle for talent among the tech giants.

After announcing that it would be splitting its much-anticipated HQ2 between two cities, Amazon will reportedly unveil its choice as soon as Tuesday.

That explosive expansion means the Amazon plan has been met with a mix of support and skepticism.

It confirmed performance-based incentives of $1.5bn from the state of NY and $573m if it meets targets of the 25,000 people hired for the Arlington site netting an average wage of over $150,000. In a joint statement, State Senator Michael Gianaris and City Councilmember Jimmy Van Bramer said they had "serious reservations" about the deal. "We were not elected to serve as Amazon drones".

He was hopeful that HQ2 would come to New York City. Van Bramer said in a statement at the time that the headquarters "would be an ideal fit for Long Island City and for the entire borough of Queens".

The announcement comes after a yearlong search and a fierce competition between North American cities to net the estimated 50,000 jobs that will be created with the new headquarters, which had been dubbed "HQ2". Virginia is providing $250 million to help seed the project.

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