[nickonline]

They offered Amazon $3B tax breaks, while the city would have profited $27B. The city would have a net gain of $24B.

Now the city doesn't gain anything.

[baddox]

That seems overly simplistic. I doubt that Amazon are the only ones with any likelihood of bringing new jobs to New York in the near future.

[smsm42]

That jobs would come with or without Amazon (more likely with Amazon, since Amazon HQ would be a huge business attractor for smaller companies) - nobody would say "well, we're going to open office in NYC but since Amazon is already there we won't". Other companies would open anyway, yes. But Amazon won't. It's not a fixed pie, it adds up. And NYC just took a huge piece of this pie and threw it into the river. To spite Bezos. Hope it's worth $24B to them.

[lamarpye]

> I doubt that Amazon are the only ones with any likelihood of bringing new jobs to New York in the near future.

Not anymore. Why would a company want the hassle? Go to New York and have an idiot bartender trash our goodwill or go somewhere else where they roll out the red carpet for us.