Alexandria Ocasio-CortezAmazoneconomyNewsPolitics

Ocasio-Cortez Takes Victory Lap After Amazon Goes to NYC — Even After She Helped Block $3 Billion in Subsidies

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Rep. Alexandria Ocasio-Cortez (D-NY) was one of the progressive leaders in New York City credited with blocking $3 billion in public subsidies for Amazon to open an additional headquarters.

But Amazon is moving into NYC despite the lack of subsidies.

“The giant online retailer said it has signed a new lease for 335,000 square feet on the city’s west side in the new Hudson Yards neighborhood, where it will have more than 1,500 employees,” The Wall Street Journal reported. “Amazon is taking the space without any of the special tax credits and other inducements the company had been offered to build a new headquarters in the Queens neighborhood of Long Island City, the company said.”

“The new lease represents Amazon’s largest expansion in New York since it stunned the city by abandoning those earlier plans. Amazon pulled back after facing a backlash from some politicians and activists over the roughly $3 billion in financial incentives the city and state had extended to woo the company and the 25,000 new jobs it had pledged to create,” The Journal explained.

Ocasio-Cortez, also known as AOC, took a victory lap after her argument that the subsidies were unnecessary was vindicated.

“Won’t you look at that: Amazon is coming to NYC anyway – *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos, and corporate giveaways,” she tweeted.

Here are some of her previous thoughts on the company:

 

The post Ocasio-Cortez Takes Victory Lap After Amazon Goes to NYC — Even After She Helped Block $3 Billion in Subsidies appeared first on The New Civil Rights Movement.

https://www.thenewcivilrightsmovement.com/2019/12/ocasio-cortez-takes-victory-lap-after-amazon-goes-to-nyc-even-after-she-helped-block-3-billion-in-subsidies/

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Alexandria Ocasio-CortezAmazoneconomyNewsPolitics

Ocasio-Cortez Takes Victory Lap After Amazon Goes to NYC — Even After She Helped Block $3 Billion in Subsidies

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Rep. Alexandria Ocasio-Cortez (D-NY) was one of the progressive leaders in New York City credited with blocking $3 billion in public subsidies for Amazon to open an additional headquarters.

But Amazon is moving into NYC despite the lack of subsidies.

“The giant online retailer said it has signed a new lease for 335,000 square feet on the city’s west side in the new Hudson Yards neighborhood, where it will have more than 1,500 employees,” The Wall Street Journal reported. “Amazon is taking the space without any of the special tax credits and other inducements the company had been offered to build a new headquarters in the Queens neighborhood of Long Island City, the company said.”

“The new lease represents Amazon’s largest expansion in New York since it stunned the city by abandoning those earlier plans. Amazon pulled back after facing a backlash from some politicians and activists over the roughly $3 billion in financial incentives the city and state had extended to woo the company and the 25,000 new jobs it had pledged to create,” The Journal explained.

Ocasio-Cortez, also known as AOC, took a victory lap after her argument that the subsidies were unnecessary was vindicated.

“Won’t you look at that: Amazon is coming to NYC anyway – *without* requiring the public to finance shady deals, helipad handouts for Jeff Bezos, and corporate giveaways,” she tweeted.

Here are some of her previous thoughts on the company:

 

The post Ocasio-Cortez Takes Victory Lap After Amazon Goes to NYC — Even After She Helped Block $3 Billion in Subsidies appeared first on The New Civil Rights Movement.

https://www.thenewcivilrightsmovement.com/2019/12/ocasio-cortez-takes-victory-lap-after-amazon-goes-to-nyc-even-after-she-helped-block-3-billion-in-subsidies/

Leave a Response

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