Amazon to Delivery Administrative Hub to New York City
"Amazon's further expansion in New York is proof positive that our strong economic climate, diverse workforce and talent, are helping to attract top-notch companies from around the world," Governor Andrew Cuomo said. "We will continue to support the growth of this state's business sector, which in turn supports economic growth and the creation of quality, good-paying jobs across the Empire State."
To encourage Amazon's expansion in New York State, the company was offered up to $20 million in performance-based tax credits through Empire State Development's Excelsior Jobs Program. Amazon will invest $55 million to outfit the 359,000 square-foot office space at 5 Manhattan West using energy-efficient standards. The expansion will create 2,000 new jobs in finance, sales, marketing, and information technology that will earn an average of $100,000 annually. Amazon will also retain over 1,800 jobs in New York State.
Amazon's new office at 5 Manhattan West joins several of Amazon's job-creating expansions in New York State. Since 2012, Amazon has invested $9 million into an innovative Fashion Photography and Videography Studio in Brooklyn, creating over 50 direct jobs and supporting more than 300 jobs, with $2 million in performance-based tax credits offered through the Excelsior Jobs Program.
In 2014, Amazon established a 350,000 square foot administrative office at 7 West 34th Street, creating over 500 jobs with $5 million in tax credits offered Excelsior Jobs Program.
"We're excited to expand our presence in New York, we have always found great talent here," said Paul Kotas, Amazon's Senior Vice President of Worldwide Advertising. "Last January we announced our plans to create 100,000 full-time, full-benefit jobs in the U.S. by mid-2018, and we are on track to reach that goal."
On September 6, Governor Cuomo announced a new $100 million Amazon fulfillment center in the Global Logistics Park on the West Shore of Staten Island, which will support the creation of 2,250 new, full-time jobs. As Amazon's first fulfillment center in New York State, the 855,000 square-foot facility will offer opportunities for employees to engage with advanced robotics in a highly tech-enabled workplace.
ESD President, CEO, and Commissioner Howard Zemsky said, "Amazon's decision to locate this major project in New York is further proof that our economic development strategies are working, actively and effectively growing quality jobs in the Empire State."
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