Should New York Say “No” To Amazon?

It’s all a messy scuttlebutt following Amazon’s decision to split headquarters between Atlanta and New York. Reported by The New York Times, that’s $5 billion in terms of investment and more than 50,000 high-paying jobs.

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But the perspective probably isn’t right. Let’s take a closer look. At the beginning of this year, the tech giant chose a total of 20 names as finalists for the bid process geared towards the HQ2 plan. However, Amazons have not yet confirmed New York winning the bid following which other finalists are still holding on hope. As a matter of fact, some cities are still in the process of securing wholesome public financing towards development to play host to Amazon. Take Atlanta for example, where the city council has approved $139 billion for public subsidies targeted at downtown development. It is highly speculated that this could be a welcome call for Amazon to set up its HQ2. Amazon has been sourcing talents from all over the county and the fact that it doesn’t want to limit itself to Seattle only is part of the plan.