Amazon is opening a massive new office in New York City


Amazon is opening a massive new office in New York City

Amazon continues to search for the location of its previously announced second headquarters.

Amazon plans to open a 360K square foot office in Manhattan's Hudson Yards development project next year. New York City mayor Bill de Blasio and New York Governor Andrew Cuomo weighed in on the news as well, each eager to welcome Amazon's expansion. Those workers will earn an average salary of $100,000, and Amazon will invest $55 million to outfit the Brookfield-owned space with energy-efficient standards, according to a press release.

Amazon (NASDAQ:AMZN) plans to bring over 2K jobs to New York City and 6K to the state by 2019.

"We're excited to expand our presence in NY - we have always found great talent here", Paul Kotas, Amazon's senior vice president of worldwide advertising, said in a statement. That includes NY, where city officials have said that in lieu of offering financial incentives, they plan to leverage the city's desirability in a push to appeal to Amazon.

Amazon will open a 359,000-square-foot administrative office in the city.

However, Stephen Ross, chairman of developer Related Cos., says it's unlikely that Amazon.com Inc. would choose New York City as the site for a new headquarters. It already has a 350,000-square-foot office in Chelsea, as well as a distribution center in Sunset Park.

"We have always found great talent here", Kotas said in a statement.

"I can't see them really coming to NY, realistically", Ross said in a Bloomberg Television interview.

Amazon is taking another bite out of the Big Apple. "I'm grateful to Governor Cuomo and Empire State Development for their efforts in creating 2,000 new, good-paying jobs".

The building is part of the Manhattan West megaproject in the Far West Side of Manhattan. Whole Foods Market, which Amazon took over in a merger, signed a lease for a 60,000 square-foot store at Five Manhattan West.

Full-time employees at Amazon receive competitive pay and a comprehensive benefits package, including healthcare, 401 (k), company stock awards, and parental leave benefits, including up to 20 weeks of paid leave and innovative benefits such as Leave Share and Ramp Back, which give new parents flexibility with their growing families.