Mayor’s support of Amazon has some questioning how progressive he really is

Activists remain troubled by $3B in tax incentives the company will get

New York /
Nov.November 16, 2018 09:45 AM

Jeff Bezos and Mayor Bill de Blasio (Credit: Getty Images and Wikipedia)

Mayor Bill de Blasio is often criticized as not practicing what he preaches when it comes to progressivism, and those criticisms are coming to a head with his support of the incentive-laden deal to bring Amazon to Long Island City.

The mayor says that while he understands the angst and questions people have surrounding the Amazon deal, he thinks it would be a “huge mistake” to block something that would bring roughly 25,000 jobs to the city, according to the New York Times.

Although he has clashed with progressive activists before over issues like rezonings and providing housing for the homeless, the Amazon deal marks the last straw for some.

“We were very surprised to see him sitting at that table at that press conference,” Deborah Axt of the immigrant advocacy organization Make the Road New York told the Times. “The subsidy package is disgusting. As details come out, we’re more and more depressed about it and outraged.”

Activists and local officials are also furious that 1,500 units of affordable housing planned for the area will now likely not be built, as The Real Deal previously reported.

The mayor defended the incentives, which total about $3 billion, saying they are available to any company in New York City, and he maintained that Amazon coming to New York would end up helping his plans to reduce income inequality.

“Using the power of government, we dictate the terms in as many ways as we can,” he told the Times. “And in this case, we did that.” [NYT] – Eddie Small


Related Articles

arrow_forward_ios
Mayor Eric Adams, the Brooklyn Navy Yard
City pledges $20M for Brooklyn Navy Yard incubator
City pledges $20M for Brooklyn Navy Yard incubator
Seth Weissman, Financing
Urban Standard wants to rescue property owners from high interest rates
Urban Standard wants to rescue property owners from high interest rates
From left: Michael Dell with 25 Water Street, Alex Sapir with 261 Madison Avenue and Marc Holiday with One Madison Avenue (Getty, Edge Funds, Sapir Organization, SL Green)
Office properties (yes, office!) got Manhattan’s biggest December loans
Office properties (yes, office!) got Manhattan’s biggest December loans
Salim Assa with 15 West 55th Street
Troubled Midtown rental saga headed for a foreclosure finale
Troubled Midtown rental saga headed for a foreclosure finale
Airbnb's Brian Chesky (Getty)
For Airbnbs, Albany is still the Wild West
For Airbnbs, Albany is still the Wild West
Atlas Hospitality Brokerage president Alan Reay (Atlas Hospitality Brokerage)
Listen: Inside the looming distress across the hotel market
Listen: Inside the looming distress across the hotel market
Businessman arguing with buildings
The bickering bros: Jemals escalate battle over portfolio
The bickering bros: Jemals escalate battle over portfolio
Vornado Realty Trust chairman Steve Roth and 401 Seventh Avenue (Getty, LoopNet, Vornado Realty Trust)
Vornado eyeing NYC’s casino sweepstakes
Vornado eyeing NYC’s casino sweepstakes
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...