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January 2019 Archives

Second city council hearing with Amazon questions tax incentives

The New York City Council is still in the process of holding hearings to discuss the impact of Amazon’s decision to open a headquarters in New York. The council held second hearing, titled “Does the Amazon Deal Deliver for New York City Residents?,” on January 30 to discuss the deal’s tax incentives.

Why is the Amazon deal met with so much resistance?

We’ve covered the agreement Amazon made with New York to bring a new headquarters to Long Island City, over which the New York City Council and many residents have expressed concern. The first of the council’s hearings looking into the deal occurred in December, but the second and third hearings have not been scheduled yet.