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Amazon supported by the HQ2 agreement "too fast" in the "sad day" for NY



New York misses billions of dollars in investment now, as Amazon has canceled plans to add corporate offices in Queens, Rep. Gregory Meeks, DN.Y., told CNBC on Thursday.

"It's about standing up for a community in a state that ended up in a very bad place that we should never have been in, says state director Michael Gianaris in a later look at "Closing Bell." The Democrat has represented the state's 1

2th district, which includes Long Island City since 2001. He said the neighborhood is over-developed and gentrifying.

Amazon said it supported the plans because "a number of state and local politicians have made clear that they oppose our presence and will not work with us, although" polls show that 70 percent of New Yorkers support our plans and investments. "

Gianaris drew the poll results Amazon quoted and said that Amazon had ordered the actual investigation. His reasons for opposing the deal include the company's anti-union stance and propensity to work with US immigration and customs prosecution.

" I don't believe It is a good idea anywhere in this country to cast subsidies around companies that don & # 39; Don't need it because they extort us for their presence, says Gianaris.

Meeks enjoyed the $ 3 billion subsidy to invest money in a bank account that would have provided $ 25 billion in future revenue for the city and state, along with future jobs. This could have been an opportunity for Amazon and New York to compromise on a deal that would work, he added.

"I wish Amazon had stuck it a little longer, because in the long run I think this would have been a good deal for both," said Meeks. "I think there's enough room for sake on both sides."

Gianaris offset this feeling and said the metro station is in "shambles" but tax breaks are given to a company "who doesn't need it." [19659003] "The moment someone said," We don't like what you've done here, let's have a bigger conversation, "they left rather than having that conversation," he said.

New York Gov. Andrew Cuomo, who helped to take responsibility for luring Amazon to the state along with New York City Mayor Bill de Blasio, said in a statement that a "small group of [of] politicians put their own narrow political interests over their society" and that "they should be held accountable for this lost economic opportunity."

In their own statement, Blasio said : "We gave Amazon the opportunity to be a good neighbor" but the company "threw it m inequality "instead of working with society. [19659003] Rep. Alexandria Ocasio-Cortez, DN.Y., one of the highest critics of the go, said in a tweet that "a group of committed, everyday New Yorkers and their neighbors defeated Amazon's business fence, the exploitation of its workers and the power of the richest man in The world. "She represents parts of New York City bordering on the previously planned headquarters.

Sen. Elizabeth Warren, D-Mass., Also celebrated the withdrawal of the Amazon, and talked that the company "went away from billions in taxpayer bribe, all because some elected New York officials are not sucking up to them enough." She seeks the democratic nomination of the US President.

Shares in Amazon closed down more than 1 percent Thursday.


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