https://www.democratandchronicle.com/story/news/politics/albany/2018/11/13/new-york-amazon-incentives-billion/1986979002/by Jon Campbell
November 13, 2018
New York state will provide Amazon up to $1.7 billion in grants and tax breaks to lure the major online retailer and cloud-computing giant to the Long Island City neighborhood of Queens, making it the largest incentive package ever provided to a private company by the state.
Amazon officially announced Tuesday that it would split its coveted HQ2 project between New York City and northern Virginia, pledging to establish new headquarters in both locations and bring 25,000 high-paying jobs to each over the next 10 years.
All told, it took about $3 billion to attract one of the wealthiest companies in the world to Queens: New York City is set to provide $1.3 billion in tax breaks on top of the state's incentive package.
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