Amazon HQ2 is bad news for NYC's renters

Amazon HQ2 is bad news for NYC's renters

5 years ago
Anonymous $L9wC17otzH

https://finance.yahoo.com/news/amazon-hq2-bad-news-nycs-renters-210652998.html

“We believe the presence of Amazon HQ2 is going to drive demand up,” said Doug Ressler, senior analyst and director of business intelligence at Yardi Matrix." data-reactid="18">“We believe the presence of Amazon HQ2 is going to drive demand up,” said Doug Ressler, senior analyst and director of business intelligence at Yardi Matrix.

Amazon selected Long Island City and Crystal City, Va., out of 20 finalists, after a year-long search for a second home. The company also announced that it will open a “Operations Center of Excellence”  in downtown Nashville, Tenn. The e-commerce giant plans to build a 4 million-square-foot campus and will create 25,000 new jobs in Long Island City over a period of 10 years — meaning lots of folks will be looking for a convenient place to live near its campus." data-reactid="19">Amazon selected Long Island City and Crystal City, Va., out of 20 finalists, after a year-long search for a second home. The company also announced that it will open a “Operations Center of Excellence”  in downtown Nashville, Tenn. The e-commerce giant plans to build a 4 million-square-foot campus and will create 25,000 new jobs in Long Island City over a period of 10 years — meaning lots of folks will be looking for a convenient place to live near its campus.