@EyeintheSky : Yes they did do this with Amazon. They did adjust the tax codes.

@AllHailTheQuisp : Good so they won't have to offer a bribe to ever does come into the city. Wonder what changed amazon mind not to come?? Not the press release BS.

@EyeintheSkyYou're making yourself look pretty silly. The part you quoted led into why NY developed the Excelsior Job Plan. So that what you're implying would NOT happen."New York's Excelsior Jobs Program has the advantage of tying the credits specifically to the number of jobs created and retained, said Steve Carter, a Grant Thornton LLP managing director in Philadelphia who leads the firm's credits and incentives practice."

Amazon was NOT to get any tax credits unless they passed a yearly performance goal set up by NY. They weren't to get ANY of it in advance.

Meeting yearly performance goal = receipt of tax credit.Not one penny before. No one was handing Amazon 3B. They were to earn it over the years.No performance as per agreement = no tax incentive. It's Econ 101.

@AllHailTheQuisp : HOPE the city of Peoria is taking notes. Not that they should ever be allowed to offer another deal without a vote by the people of the city.

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@cjsummers : Look if you find it wrong, fine. NYC did its job in making sure it wasn't "welfare".

Amazon was not going to be given any of these incentives unless it first produced.No one was handing out anything. Econ 101

It has just announced in WSJ and elsewhere that Amazon is taking about 350,000 sq. feet of office space in the west side of Manhattan near Hudson Yards. The jobs will be some of the jobs that were lost when Amazon canceled their plans for a second headquarters inQueens. NO surprise this is happening. Facebook is in talks to lease 700,000 sq.feet a few blocks away from Amazon.