New York City's skylineLeaks from Amazon are coming fast and furiously, the latest being the news that Amazon has decided to split its second headquarters into two locations instead of one, according to a report in the Wall Street Journal, which cited one source familiar with the matter. Other publications have confirmed the decision with their own sources, including USA Today.
The apparent decision must be something of a let down to local officials, who had been eager to win the prize of 50,000 new jobs in the region. Now Amazon plans to divide its new workforce with 25,000 in one location and 25,000 in the other.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
