Items Tagged with 'Amazon'


  • This is what Amazon’s plans could mean for Bellevue's housing market

    Word on the street is Amazon wants to lease enough space to house 25,000 workers
    When Amazon jumped ship on its plans to occupy a skyscraper in downtown Seattle, speculation regarding the online retail giant's next big move began to swirl. Now, Redfin suggests Amazon is likely to focus its hometown growth on Washington’s Eastside suburbs, specifically in the city of Bellevue.
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  • [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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  • How much is Amazon’s birthplace worth?

    Seattle area home that Jeff Bezos rented when he founded Amazon is listed for sale
    The house Jeff Bezos rented in the mid-1990s when he started Amazon is now on the market and listed for nearly $1.5 million. The Bellevue, Washington home features three bedrooms and 1.75 bathrooms and includes the oversized mailbox believed to be used by early employees of the retail behemoth.
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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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  • Fannie Mae: Tech companies threaten to edge banks out of the mortgage market

    "Now is the time for banks to step up their digital game"
    In the era of the digital mortgage, banks are facing increased competition from big tech companies looking to flex their muscles in the financial services realm, and they may need to invest more deeply in tech to stay on top. According to a blog from Fannie Mae, banks need to "step up their digital game" and figure out how to streamline financial tasks to enhance the customer experience before big tech beats them to it.
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