Amazon to build second Headquarters

Cares said:
aquabliss said:
paydawg said:
Looks like Northern VA/DC area
https://bloom.bg/2QgcF0F

Should buy this now:https://www.redfin.com/VA/Arlington/631-29th-St-S-22202/home/11277329

Will be $1.2M in 6 months.

There has to be better looking options. It looks hideous on the outside. All the neighbors on the street have relatively traditional looking houses.

i actually like this look.  incredible amount of natural light with those floor to ceiling windows.  much better than all the stucco boxes here in irvine.
 
I'm pretty shocked that Amazon is going to go into Queens, NY. That's going to exacerbate housing supply and pricing in that market.
 
Cares said:
I'm pretty shocked that Amazon is going to go into Queens, NY. That's going to exacerbate housing supply and pricing in that market.

Me too. Friends who live there tell me the infrastructure can?t support it. Maybe Bezos will rebuild the subway system :)
 
eyephone said:
Interesting they didn?t pick NJ with a gigantic tax break. (I think)

$7 billion from NJ is a lot...but then you're in NJ with one of the worst airports in the US.
 
I still can't see NY being an option. With very high taxes, very low housing stock (per Redfin only 4 SFR's for sale in the immediate area - 4!!!), and weak public schools, these are all big negatives to go into the area on a long term commitment. Yes, you have a strong workforce and relatively easy commuting, but $1.5 for this POS

https://www.redfin.com/NY/Long-Island-City/26-18-14th-Pl-11102/home/20944584

or $315k for a starter home like this:

[url]https://www.redfin.com/NY/Unknown/51-34-30th-Ave-11377/unit-5L/home/147296263[/url]

(don't forget the $563 per month HOA dues.....)

NY and Long Island really don't match what the conditions were for winning an HQ2 bid.

Methinks this is wishful thinking by some - a head fake -  and eventually the decision will revert to one location only, and that in the Washington DC area.

My .02c

 
Soylent Green Is People said:
I still can't see NY being an option. With very high taxes, very low housing stock (per Redfin only 4 SFR's for sale in the immediate area - 4!!!), and weak public schools, these are all big negatives to go into the area on a long term commitment. Yes, you have a strong workforce and relatively easy commuting, but $1.5 for this POS

https://www.redfin.com/NY/Long-Island-City/26-18-14th-Pl-11102/home/20944584

or $315k for a starter home like this:

[url]https://www.redfin.com/NY/Unknown/51-34-30th-Ave-11377/unit-5L/home/147296263[/url]

(don't forget the $563 per month HOA dues.....)

NY and Long Island really don't match what the conditions were for winning an HQ2 bid.

Methinks this is wishful thinking by some - a head fake -  and eventually the decision will revert to one location only, and that in the Washington DC area.

My .02c

Don't forgot NY is mostly co-ops and you don't actually own your unit
 
Soylent Green Is People said:
I still can't see NY being an option. With very high taxes, very low housing stock (per Redfin only 4 SFR's for sale in the immediate area - 4!!!), and weak public schools, these are all big negatives to go into the area on a long term commitment. Yes, you have a strong workforce and relatively easy commuting, but $1.5 for this POS

https://www.redfin.com/NY/Long-Island-City/26-18-14th-Pl-11102/home/20944584

Unlikely you would live in an SFR in the area, more likely an apartment, condo, or co-op, and since the site is on a subway line, there are literally thousands within a 30-45 min commute.

If you want an SFR, you would live farther out in Queens or on Long Island and commute by train/subway.  Also literally tens of thousands for sale out there.

Costs in Queens are not much different than other big metro areas, like DC, Seattle, or even the OC


 
Amazon 2nd HQ - New York and Northern Virginia.
And Nashville as the Operation Center.

https://blog.aboutamazon.com/company-news/amazon-selects-new-york-city-and-northern-virginia-for-new-headquarters?utm_source=social&utm_medium=tw&utm_campaign=jci&utm_term=amznews&utm_content=HQ2&linkId=59566274

Sad it wasn't Irvine.

#MIGA
 
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