Alicia Glen with mayor Bill de Blasio during the Amazon announcement. Photo: Ed Reed/NYC Mayor’s Office For roughly an hour on Tuesday afternoon, hell froze over in New York City. Mortal enemies Andrew Cuomo and Bill de Blasio grinned side by side at a press conference heralding the arrival of one half of Amazon’s promised “HQ2” in Long Island City, Queens. Amazon will be receiving a cash subsidy of approximately $3 billion over at least ten years, through $1.7 billion worth of New York state government grants and tax credits alongside $1.3 billion from the city. The company is, in turn, promising to create 25,000 jobs averaging salaries of $150,000 each, in at least 4 million square feet of real estate. The company already employs about 4,700 people in the five boroughs. The estimated cost to the state and city governments of each job created by the deal is $48,000 apiece. The person most responsible for the HQ2 deal from the New York City government is Alicia Glen, the New York City’s deputy mayor for housing and economic development. Formerly the chief of Goldman Sachs’ Urban Investment Group, Glen is the de Blasio administration’s point person for the Amazon HQ2… Read full this story
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