New York needs Amazon, after report that it might cancel HQ2 plan

New York Gov. Andrew Cuomo lambasted local politicians who oppose his deal to bring Amazon’s second “headquarters” to Long Island City, saying, “we have to make Amazon a reality.”


State Sen. Michael Gianaris, a critic of the Amazon deal who was selected this week to serve on the state board that will ultimately approve or reject Amazon’s deal, told CNBC on Friday that the report in the Post, which is owned by Amazon CEO Jeff Bezos, was the first he heard of Amazon’s reconsideration. But he suggested it could be part of a negotiation tactic.

“This is typical of the way Amazon has handled this situation,” he said. “If they’re trying to extort New York through anonymous threats, they’re showing that they’re not a responsible corporate actor to begin with. … If their view is we want your $3 billion or we’re leaving, maybe they should leave.”

Cuomo, on the other hand, sees Amazon as a critical piece in his vision for New York’s economy.

“You want to diversify your economy? You don’t want to just be Wall Street and finance?” Cuomo asked. “We need Amazon.”

Jacob Pramuk
contributed to this report.

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Watch: Amazon reconsidering New York headquarters after local opposition, according to Washington Post

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