Editor’s Note: Governor Cuomo issued this statement after Amazon announced Thursday, Feb. 14, it is backing out of the 27,000-job HQ2 planned for Long Island City.
Amazon chose to come to New York because we are the capital of the world and the best place to do business.
We competed in and won the most hotly contested national economic development competition in the United States, resulting in at least 25,000-40,000 good-paying jobs for our state and nearly $30
billion dollars in new revenue to fund transit improvements, new housing, schools and countless other quality of life improvements.
Bringing Amazon to New York diversified our economy away from real estate and Wall Street, further cementing our status as an emerging center for tech and was an extraordinary economic win not just for Queens and New York City, but for the entire region, from Long Island to Albany’s nanotech center.
However, a small group of politicians put their own narrow political interests above their community – which poll after poll showed overwhelmingly supported bringing Amazon to Long Island City – the state’s economic future and the best interests of the people of this state.
The New York State Senate has done tremendous damage. They should be held accountable for this lost economic opportunity.
The fundamentals of New York’s business climate and community that attracted Amazon to be here – our talent pool, world-class education system, commitment to diversity and progressivism – remain and we won’t be deterred as we continue to attract world-class business to communities across New York State.