Los Angeles Times

Michael Hiltzik: Amazon's pullout from New York shows that it misplayed a bad, and expensive, hand

Well, that should show them.

Stung by intensifying opposition to a $3-billion incentive handout from New York city and state, Amazon on Thursday abruptly canceled its plans to build a new half-headquarters complex in the New York City borough of Queens.

The outcome is shaping up as a disaster - but arguably for Amazon more than New York. It reinforces the giant company's reputation as a grasping bully that cares little for the communities where it operates.

Amazon's withdrawal from New York may well inspire more opposition to its quest for incentives and other accommodations in northern Virginia, which was to share the big headquarters development with New York, and other communities where Amazon dangled the prospect of major business expansion.

"This is going to be a rapidly metastasizing process where people are going to be emboldened to push back," Richard Florida of the University of Toronto, an

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times4 min readAmerican Government
Nuclear Waste Storage At Yucca Mountain Could Roil Nevada US Senate Race
LOS ANGELES -- More than 3.5 million pounds of highly radioactive nuclear waste is buried on a coastal bluff just south of Orange County, California, near an idyllic beach name-checked in the Beach Boys' iconic "Surfin' U.S.A." Spent fuel rods from t
Los Angeles Times4 min read
Geopolitics And The Winner Of This Season's 'RuPaul's Drag Race'
TAIPEI, Taiwan — To hundreds of thousands of fans around the world who watched this season's finale of the hit reality show "RuPaul's Drag Race," the final plea for victory from one of the contestants wasn't especially memorable. "It would mean a lot
Los Angeles Times5 min readPoverty & Homelessness
Monthly Payments Of $1,000 Could Get Thousands Of Homeless People Off The Streets, Researchers Say
LOS ANGELES -- A monthly payment of $750 to $1,000 would allow thousands of the city's homeless people to find informal housing, living in boarding homes, in shared apartments and with family and friends, according to a policy brief by four prominent

Related Books & Audiobooks