Items Tagged with 'HQ2'

ARTICLES

  • [Pulse] Did Amazon's about-face on its NY HQ2 plans turn the Long Island City real estate market upside down?

    Real estate in the Queens neighborhood was hot even before the tech giant set its sights on the area
    Well before Amazon announced its plans to pursue a second headquarters in Long Island City, the Queens neighborhood was among the fast-growing real estate markets of NYC. Major players in the real estate industry set their foot on the once-crumbling industrial neighborhood and secured millions of dollars to finance massive commercial and industrial projects. Yet, Amazon’s snafu announced last week still stunned the LIC real estate market.
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  • Amazon pulls plug on New York HQ2

    Opts not to proceed without support from local officials
    The rumors are true – Amazon has officially canceled plans to build a headquarters in Long Island City, New York, after facing significant opposition from local politicians who protested tax breaks for one of the world's more powerful companies. Amazon announced Thursday that is has opted to withdraw its plans for a Queens headquarters, saying it will not launch a search for a new location.
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  • This could happen to Queens' housing market if Amazon jumps ship

    Reports claim Amazon might be reconsidering Queens as its HQ2 location
    Last week, news broke that Amazon is reconsidering its decision to bring its HQ2 to New York after various politicians and community members vocalized their disdain for Amazon's big move. As pressure mounts, an important question hangs in the balance: What will happen to the metro's housing market if Amazon decides to jump ship?
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  • Is Amazon reconsidering NY HQ2?

    Sources say opposition has the company rethinking its Long Island City campus
    Amazon announced in November that Arlington, Virginia, and Long Island City, New York, would be split homes to its new second headquarters after a closely followed, year-long search that had cities across the country vying for the tech giant's attention. But now, sources tell The Washington Post that Amazon is rethinking its plans, as opposition from local politicians is proving to be more of a hurdle than the company anticipated.
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  • Amazon breathes life into HQ2 housing markets

    New headquarter locations see surge of interest from prospective buyers
    Amazon has selected Long Island City, New York, and Crystal City, Virginia, as the split locations for its HQ2, and data suggest that even as early as last week, the real estate markets in these areas have boomed.
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  • ProTeck says Amazon will choose this city for its HQ2

    Says housing market makes area the perfect finalist
    Over the past several months, cities have battled it out to see who will be the home of Amazon’s planned second headquarters, and now Pro Teck says it may know which city will win. Pro Teck’s analysis shows this community may be well-positioned to receive the 50,000 new jobs expected with HQ2 due to its promising housing market and well-educated workforce.
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