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- Amazon is reportedly planning to name Long Island City neighborhood in Queens, New York half of its second headquarters, HQ2.
- HQ2 — which The New York Times reports will be split between New York and Crystal City, Virginia — will create roughly 25,000 new jobs in the area.
- HQ2 sounds like a great opportunity for New York, but it could contribute to a rise in housing prices, as well as population and transportation woes.
On Monday evening, The New York Times reported that Amazon was finally nearing a decision on where to place its second headquarters. After more than a year of deliberation, the e-commerce giant is reportedly nearing a deal to split HQ2 between New York City, in the Queen’s neighborhood of Long Island City, and Crystal City, Virginia.
In January, soon after Amazon realized its short list of 20 finalists for HQ2, Business Insider’s Leanna Garfield published a story on why New York City would be a horrible choice for Amazon’s second headquarters. Here is why:See the rest of the story at Business Insider
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