S2: Ep. 7 – “The Amazon Effect”
Cities across the nation gave Amazon their best pitch as to why they should build their second headquarters in their town. Who wouldn’t want 50,000 plus new jobs?From tax incentives to promises of new housing and public transportation improvements, Amazon was being wooed like nobody’s business.
The Top 20 cities were whittled down to not one, but two locations — Crystal City, Virginia and Long Island City in Queens, New York.However, in a surprising twist a few months after the announcement, Amazon yanked HQ2 from Queens, leaving many disappointed. I discuss some of the reasons why The Amazon Effect has to be closely scrutinized — sometimes the good a company brings to an area is outweighed by the bad.