Amazon Close to Agreements for HQ2 in New York, Northern Virginia


On Tuesday, Cuomo told reporters that Amazon is looking at Long Island City, but didn't say if it was a finalist.

Though Amazon continues to play its cards close to its vest about the selection of its second headquarters, evidence is mounting that the victor of the year-long national competition is Crystal City, Va., a Northern Virginia neighborhood located across from Washington, D.C., on the west bank of the Potomac River.

The choice of splitting the deal for so-called HQ2 was in part prompted by concerns that a single location may not be able to draw the needed 50,000 highly educated technical employees, said one person. Both newspapers cited unnamed people familiar with the decision-making process.

By playing more than 20 communities off against each other, gaining massive concessions, and refusing even at this late date apparently to commit to any particular community even as a front-runner, Jeff Bezos and Amazon have shown that no matter which communities win HQ2, the real victor here will be Amazon itself.

Dividing the new jobs between two cities could also relieve Amazon of being singularly blamed for a rapid influx of wealthy techies who could worsen traffic and increase housing prices.

The tightening labor market has intensified competition for top talent, creating an impetus for Amazon to look beyond the boomtown of Seattle in its search for software engineers, cloud-computing experts and machine learning gurus.

Amazon has been tight-lipped about the process and declined to comment on the latest news.

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On November 5, The Wall Street Journal reported Amazon's surprising plan to divide HQ2 into two.

In September a year ago, Amazon started off a frenzy when it asked for proposals for a second headquarters location.

Amazon could announce its decision at any time.

Amazon has finally found its HQ2 - and its HQ3.

While Dallas is reportedly on the short-list with New York City and Crystal Beach in Virginia, there's a renewed interest in a huge piece of property in Downtown Dallas. Their list of costs includes $2.3 billion to extend the 7 train to 11th Avenue, $1 billion in special tax breaks and $1 billion for new parks (including what will be the city's most expensive park per acre).

If it's located in an area that's undeveloped, it could avoid displacing current residents (Facebook's development will displace a largely Hispanic community).