Amazon Rumored To Be Opening New NYC Offices

Posted: May 28 2019, 11:42am CDT | by , Updated: May 28 2019, 11:45am CDT

 

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Amazon rumored to be opening new NYC offices

After pulling out of a plan to renovate an industrial Queens neighborhood, Amazon will be setting up a presence in one of the most luxurious additions to the Manhattan skyline, according to a new report.

After backing out of plans to open its second headquarters in an industrial Queens neighborhood, Amazon still wants to increase its presence in New York City. The company is looking at acquiring office space in the new $25 billion Manhattan development known as Hudson Yards.

According to The New York Post, Amazon is in talks with the owners of One Manhattan West and Two Manhattan West, two of Manhattan's newest skyscrapers. The buildings are in the same luxury neighborhood where Time Warner is planning to relocate.

And it could not be more different than Long Island City, the area in Queens -- a blue-collar industrial area of New York where Amazon had been expected to build its second headquarters, nicknamed "HQ2." That effort was ultimately abandoned after significant political pressure from local residents who feared Amazon would drive up property values so much that they would be forced out of their homes.

There was also national attention after it was discovered that Amazon was being given millions of dollars in taxpayer-funded incentives in order to build a new corporate campus there -- something that was seen as unnecessary for the most valuable public company on the planet.

Nevertheless, Amazon does still have office space in New York City, just like most major technology companies, with thousands of employees. It's unclear if the retail giant just plans to replace that office space with the glitzy new Manhattan West skyscrapers, or if it wants to expand its overall footprint in the city.

In addition to its white collar NYC employees, Amazon does also have a decent retail footprint in New York, including two physical bookstores, one of three "Amazon 4-Star" stores in the United States, and a recently-opened "Amazon Go" location near the World Trade Center.

For its part, Amazon told the Post that it does not speculate on rumors.

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The Author

<a href="/latest_stories/all/all/6" rel="author">Mark Raby</a>
Based in New York City, Mark follows the consumer electronics industry like a hawk. A published book author, he has a particular affinity for 3D technology and video games, and as such will surely be in the market for a new pair of glasses soon. Mark can be contacted directly at mark@i4u.com.

 

 

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