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Originally Posted by SteveEisenberg
This risks get a bit away from Mobilereading concerns, but, Google's New York City expansion is being achieved without any corporate welfare that I can find mentioned in articles like this:
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According to this article (that came out shortly after the deal was first announced), it was going to cost the taxpayers nearly $3 billion.
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What is Amazon getting?
Amazon will build a campus of at least 4 million square feet near the Anable Basin on the East River waterfront, on a site that’s partially owned by Plaxall Realty and partially owned by the city. But rather than going through the city’s extensive land use review process, known as ULURP, the state will take the lead and override local regulations on the lot, currently zoned for manufacturing space.
To facilitate the necessary rezoning for the project, the state will make use of a General Project Plan (GPP), which was used in recent years to advance the Javits Center expansion, Atlantic Yards, and Moynihan Station. (The GPP includes an environmental review and input from the City Planning Commission and local community board, though they’re nonbinding).
The agreement comes with a number of incentives: Specifically, Amazon will receive $897 million from the city’s Relocation and Employment Assistance Program (REAP) and $386 million from the Industrial & Commercial Abatement Program (ICAP). It will receive an additional $505 million in a capital grant and $1.2 billion in “Excelsior” credits if its job creation goals are met. That brings the total amount of public funds granted to $2.988 billion—in other words, the city and state will pay Amazon $48,000 per job.
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https://ny.curbed.com/2018/11/16/180...city-explained
And that doesn't include all the money saved by granting Amazon special privileges and not making them jump through hoops that most businesses would have to jump through. That kind of red tape would have cost millions on something this big.