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Home / Business / New York Mayor says Amazon headquarters debacle was "an abuse of corporate power"

New York Mayor says Amazon headquarters debacle was "an abuse of corporate power"



The Blasio attacked the company on Sunday to cancel plans to build a second headquarters in Queens last week.
Amazon ( AMZN ) interrupted the agreement only months after announcing plans to share its new, second headquarters between New York and Virginia. The Seattle-based company, which is trying to increase its footprint at home and abroad, spent a year reviewing hundreds of "HQ2" proposals from across North America before settling on the two regions.
In November, they welcomed the Blasio news and promised that it would benefit locals, including residents of a major residential building nearby.
But critics ̵
1; including many Democrats – lambasted the massive grants New York offered to entice Amazon, including $ 1,525 billion in incentives conditional on the company creating 25,000 new jobs with an average salary of $ 150,000.

On Sunday they said Blasio, a Democrat, that New York offered Amazon a "fair deal," and blamed the company for doing what he called an "arbitrary" decision to leave after someone protested.

"They said they wanted a partnership, but at the moment there was criticism, they went away," he added. "What does it mean to work people like a company would give them high and dry, just because some people raised criticism?"

Amazon did not immediately respond to a request for comment on the Blasio's recent remarks. But the company last week criticized "a number of state and local politicians" as it said "have made it clear that they are opposed to our presence and will not work with us to build the type of relationship required" to complete the project.
  The battle over Amazon is the battle for the future of the Democratic Party

The fallout over the Amazon headquarters exposed one split among the Democrats. While the blasio and New York governor Andrew Cuomo welcomed the company late last year, others in the party chafed on the plans – including the freshman congresswoman Alexandra Ocasio-Cortez, whose district is near the place in Queens where Amazon would have been located.

That split continued last week when Amazon reneged on the deal. Cuomo attacked politicians whom he felt "put their own narrow political interests over their communities." Ocasio-Cortez, meanwhile, declared victory .

Asked Sunday about the link between progressive, they blasio said they are able to rule and return to working people.

"I represent 8.6 million people, and a clear majority of these people think we need more justice in our economy. But of course we need work, we need growth, we need income," said the mayor who called himself progressive. "Progressives can do both."

Last week, Amazon said it did not appear to replace New York with another city, but would still continue with existing plans in Virginia. It also works at a hub in Nashville.

CNN Business & # 39; Lydia DePillis and Jackie Wattles contributed to this report.


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