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Why Amazon Pulling Out of New York is Huge News

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Amazon announced Thursday that it is backing out of plans to open a new headquarters in New York City, blaming state and local politicians who "had opposed our presence and will not work with us."
The retail giant announced in November it would build a campus in the Long Island City neighborhood of Queens for 25,000 employees, fueled by $3 billion in state and city incentives to Amazon.
"After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens," the company statement said.
Rep. Alexandria Ocasio Cortez (D-N.Y.) is positively gleeful over Amazon's statement that it will no longer build a campus in New York City.She said this in a tweet… Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.
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