Amazon’s decision to build one of its two new HQ2 locations in Long Island City has stirred up a lot of speculation for its impact, both positive and negative, on the city’s future. Now the company may be having second thoughts.
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.
Before any work begins, construction workers need a contract. These agreements help guide owners, contractors, manager, subcontractors and other construction professionals so the job gets done right and everyone’s needs are met.
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.
Amazon’s decision to open a new headquarters in New York has drawn praise and criticism, and this week the project’s critics were able to voice their concerns.
Amazon’s decision to develop two new campuses, ending a yearlong bidding war from cities across the continent, has the potential to have a huge impact on the commercial and residential futures of the metropolitan areas the company chose. One of those is our own New York City.
If you get into a dispute with a construction contract, you likely don’t want the matter to end up in court. It costs time and money, and it keeps you from getting more work done.
After you agree on the scope of a project, sign a contract and complete the work, you have a fair expectation to be paid based on the terms of the agreement. Sadly, this is not always the case. In many cases, the people who hired you to complete a job don’t prioritize your payment.
Non-residential construction appears to be booming in New York City as residential construction takes a back seat.
A construction contract outlines all aspects of the job for all parties and governs the process to ensure everyone’s needs are met. As a result, every detail – even the smallest ones – needs to be reviewed before the contract is signed.