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New Empire Corp. has acquired 24-01 Queens Plaza North in Long Island City, with plans to develop a luxury condominium project

BREAKING NEWS: Amazon Scraps Plans for NYC HQ2

Days after published reports that Amazon was holding internal discussions about going ahead with plans to build one of two second-headquarter campuses in Long Island City in the face of political opposition, the e-tailing giant has pulled the plug on a two-campus scenario. The company said Thursday morning it would not build a New York City campus, although it will proceed with a campus in Northern Virginia.

“For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long-term,” the company announced in a blog posting that was also tweeted.

“While polls show that 70% of New Yorkers support our plans and investment, a number of state and local politicians have made it clear that they oppose our presence, and will not work with us to build the type of relationships that are required to go forward with the project we and many others envisioned in Long Island City,” Amazon said.

The company thanked New York Gov. Andrew Cuomo, New York City Mayor Bill de Blasio “and the many other community leaders and residents who welcomed our plans and supported us along the way. We hope to have future chances to collaborate, as we continue to build our presence in New York over time.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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