“The fact that massive public subsidies are helping eliminate affordable housing units is just the latest reason this bad deal needs to be torn up and thrown away.”

By Jake Johnson, staff writer for Common Dreams. Published 11-16-2018

“The taxpayer costs of these two deals is high, both in absolute terms and on a per-job basis, contrary to Amazon’s artful spin. Together, we believe they exceed $4.6 billion,” said Greg LeRoy, executive director of Good Jobs First. (Photo: Street Easy

After learning that New York taxpayers will be forced to finance a helipad for Jeff Bezos, the richest man in the world, it’s possible many believed Amazon’s sweetheart headquarters deal with the Empire State couldn’t get any worse.

But as additional details of the agreement continue to pour in—and as experts estimate its true cost to taxpayers—critics are warning that it the deal is looking increasingly awful for ordinary New Yorkers. Continue reading →