Everything you need to know about Amazon’s deal with New York Amazon’s HQ2 search is officially over: The company confirmed via a blog post that Long Island City and Crystal City, a neighborhood in Arlington, Virginia, were the locations chosen for its new, split-up headquarters. After the decision was made public, Mayor Bill de Blasio and Gov. Andrew Cuomo gathered with other city and state officials to gleefully announce that they had sealed the deal, which includes just shy of $3 billion in subsidies
The city needs more time for “further evaluation” of dockless bikes The city has decided to extended its dockless bike-share pilot another 90 days to allow for more time for more evaluation, reports Crain’s .
Amazon’s new home was once its own sprawling city On the cold, rainy evening of December 31, 1897, a throng of well-wishers gathered outside City Hall in Lower Manhattan to mark one of the most momentous occasions in the city’s history: the consolidation of Manhattan, Queens, Brooklyn, the Bronx, and Staten Island into the Greater City of New York. Across the river, as the rain turned to snow, officials in Brooklyn were concluding a more somber ceremony— some called it a “wake” —to mark the end of Brooklyn’s life as an independent city
Check out studios through two-bedrooms, starting at $500,000 Welcome to the weekly Open House Tour , because who doesn’t love a little real estate gawking?
With its Long Island City site designated an opportunity zone, Amazon could reap future windfalls The dog and pony show that was Amazon’s “search” for the host city of its second headquarters helped it extract almost $3 billion in tax concessions out of New York’s state and local municipalities, not to mention another almost $1 billion from Washington, D.C., and Tennessee, but the windfall announced on Tuesday might only be the beginning. That’s because the census tract in Long Island City where HQ2 (or HQ3) will be built is designated as an opportunity zone under a provision of the so-called Tax Cuts and Jobs Act, the tax overhaul President Trump signed into law almost a year ago
Tell us what you think in the comments Yesterday, the Hamptons saw its first snow fall of the winter season.
The city is considering a plan that would put private developers in control of 62,000 public housing apartments After a federal judge struck down a proposed settlement between the United States attorney’s office and the New York City Housing Authority ( NYCHA ), stating that the federal monitor it aimed to appoint wouldn’t be involved enough in daily activities and would have too little focus on enforcement, the troubled agency is considering enlisting private landlords to oversee the day-to-day management of 62,000 NYCHA apartments, reports the New York Times . NYCHA is mulling a plan that would not only hand over management of repairs and renovations to private landlords, but is also considering selling unused air rights to developers in order for them to construct market-rate buildings on underused land at NYCHA developments. Per documents obtained by the Times , the plan could generate as much as $15 billion for desperately needed repairs .
What do you think it will sell for? An oceanfront new build on Dune Road in Westhampton has gone into contract after just a month on the market
HQ2 is coming to Long Island City—how do you think it will affect you? In case you haven’t heard—though if you read Curbed NY regularly, that’s highly unlikely—Amazon announced this week that it would split its much-hyped second North American headquarters between two locations: Crystal City , a neighborhood in Arlington, Virginia; and Long Island City , right here in Queens. Amazon’s smaller HQ2 will still drastically change Long Island City: The company is expected to have 25,000 employees on site, and will build a campus of at least 4 million square feet on the East River waterfront to accommodate them.
It was asking $16M last year In March of 2017, the 3.3-acre property at 863 Sagg Main Street in Sagaponack listed for $16 million. A year and a half later, the estate is now available for under $10 million