All of which leads me to double down on what I wrote earlier today about what this really tells us about Amazon: it's one of the world's most amazingly one-sided negotiations.
According to The Wall Street Journal, the online retail giant is now in late-stage negations with New York City, Dallas and Crystal City in Virginia. One will be the Crystal City area of Arlington, in Northern Virginia, two people said. Amazon also said it was looking for communities that offer a "stable and business-friendly" environment and access to mass transit. Amazon declined to comment to Fortune.
Earlier this month, Bezos said during an on-stage interview in NY that the final decision will come down to intuition: "You immerse yourself in that data, but then you make that decision with your heart", he said. Amazon's HQ1, of course, is in Seattle. "Somebody like Amazon could come in and completely refresh the area, renovate buildings, add new buildings, etc., all while there is space there to be used immediately". It could also give the company greater leverage in negotiating tax incentives, experts said. "You can see what it's done to the cost of living in Seattle".
The decision process has been going on since at least the end of 2017 when Amazon essentially launched a contest that sparked competition among cities across the world, including in Seattle and other areas across Washington state.
NY also is believed to be in the running, in a neighborhood that borders the East River overlooking Manhattan that is popular with young professionals.
The question of where Amazon will build its second major campus has company officials slamming leaks to news media.
Klepper reported from Albany, New York. Apartment towers have sprung up in Long Island City, with 1,436 new housing units approved in the 12 months ending July 1.
Some of contenders are close to each other and draw from the same labour pools. Part of Arlington County, Va., the neighborhood offers almost 10 million square feet of office space, as well as an additional 400,000 square feet in the pipeline, according to the Crystal City Business Improvement District.