Amazon

A historic Fifth Avenue department store is now a modern office building. Amazon this week debuted its new digs at the former Lord & Taylor store in Midtown, which was built in 1914 and served as its flagship location for more than a century. After purchasing the building in March 2020 for nearly $1 billion, Amazon hired WRNS Studio to design the landmark as a 21st-century workplace that embraces its fashionable roots. Three years later, in the midst of Midtown's recovery from the pandemic, the renovated building is now home to 2,000 employees.
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Real Estate Trends

First online-only Whole Foods ‘store’ opens in Brooklyn

Photo courtesy of Amazon/ Whole Foods

September 2, 2020

First online-only Whole Foods ‘store’ opens in Brooklyn

While new Whole Foods stores in New York City typically open to fanfare from lovers of the grocery chain, a new location in Brooklyn won't get the same in-person hoopla. The first-ever online-only Whole Foods "store" opened in Brooklyn on Tuesday, dedicated exclusively to fulfilling online grocery orders. The new store, which has been in the works for over a year, will not allow any customers inside.
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City Living

Amazon will hire 2,000 NYC employees at new Lord & Taylor building location

Photo courtesy of Lord & Taylor

August 19, 2020

Amazon will hire 2,000 NYC employees at new Lord & Taylor building location

By Dana Schulz

Despite a national shift towards working from home, Amazon announced a $1.4 billion plan to hire 3,500 employees across six major U.S. cities, a 10-percent expansion of its current corporate workforce of 35,000, according to the New York Times. This includes 2,000 employees in New York City, who will work from the e-commerce behemoth's newly acquired location at the historic Lord & Taylor building on Fifth Avenue. WeWork bought the landmarked building in 2017 for $850 million, but after a troubling few years, they sold it to Amazon in March for a reported $1.15 billion.
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Uncategorized

Amazon snags two Fairway Market stores in NJ

Photo by Dougie WII on Wikimedia

March 26, 2020

Amazon snags two Fairway Market stores in NJ

Amazon has acquired the leases for two Fairway Market stores in New Jersey, half the number of stores the company originally hoped to buy. According to Supermarket News, the online retailer will acquire Fairway's Paramus and Woodland Park, N.J. store leases for $1.5 million. It's unclear why Amazon's offer for stores in Red Hook and Westchester fell through. The auction comes just a few months after the beloved New York City grocery store filed for bankruptcy.
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Real Estate Trends

How grocery stores are adapting amidst coronavirus: Product limits, senior shopping times, reduced hours

Photo by Boris Dunand on Unsplash

March 17, 2020

How grocery stores are adapting amidst coronavirus: Product limits, senior shopping times, reduced hours

By Dana Schulz

By now, we've all seen the lines wrapping around the block to get into Trader Joe's or the crazed shoppers buying 100 rolls of toilet paper. And all of this panic shopping and stockpiling, coupled with the state's new guidelines on businesses, has caused grocery stores in the region to adjust their hours and practices. From reduced hours to elderly-only shopping times to purchase limits, this is how businesses like Trader Joe's, Fairway, Whole Foods, Wegmans, and some more local spots are coping amidst the coronavirus health crisis.
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City Living

Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

Photo courtesy of Lord & Taylor

March 13, 2020

Amazon will buy former Lord & Taylor flagship from WeWork for over $1B

After The Real Deal first learned of the possible deal in late February, the Post is now reporting that Amazon is doling out $1.15 billion to acquire Midtown's Lord & Taylor building from WeWork. Rumors that Amazon would potentially lease the building circulated last summer ahead of WeWork's planned IPO. The sale will have big implications for both companies, giving WeWork much-needed capital and representing Amazon's largest real estate acquisition to date. According to the Post, the landmark building will become Amazon's NYC headquarters and home to "several thousand employees in the coming years."
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Uncategorized

New York had offered Amazon $800M more than originally known for HQ2 site

CC Photo via Cheap Full Coverage Auto Insurance on Flickr

January 6, 2020

New York had offered Amazon $800M more than originally known for HQ2 site

In its attempt to lure Amazon to open its second headquarters in New York, officials offered the company $800 million more in incentives than previously known to the public. Documents obtained by the Wall Street Journal reveal the breadth of the proposal from state and city leaders as part of Amazon's year-long contest in 2017 to find a new home for 50,000 jobs. According to the WSJ, the original offer to Amazon included $1.4 billion of tax credits, $1.1 billion in grants, and part of the salaries paid for some employees.
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Policy

Amazon leases office space in Hudson Yards

Photo by Bill Benzon via Flickr cc

December 9, 2019

Amazon leases office space in Hudson Yards

Less than a year after Amazon dropped plans to build its second headquarters in Long Island City, the tech giant has officially signed a lease for office space in Hudson Yards, as the Wall Street Journal first reported. The Seattle-based company will expand its presence in Manhattan with 335,000 square feet of office space at 410 Tenth Avenue. There are currently about 3,500 employees in the company's existing NYC offices and this latest expansion will bring 1,500 new jobs to the city—all without any incentives.
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Electric cargo bikes will replace some delivery trucks in NYC

Photo courtesy of the Department of Transportation

December 5, 2019

Electric cargo bikes will replace some delivery trucks in NYC

Nearly two million packages on average are delivered in New York City each day, causing vans and trucks to clog already congested streets. Looking to address delivery-related traffic, as well as cut vehicle emissions, the city announced on Wednesday a pilot program that would encourage companies to use cargo bikes instead of trucks to deliver parcels in Manhattan below 60th Street.
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Stuck in traffic? Blame the internet.

Driving from point A to point B in New York City is actually getting slower despite brand new bridges, tolls, congestion pricing, and public transportation options, and it has a lot to do with all the stuff we're ordering online. A recent story in the New York Times outlines how massive growth in online ordering from companies like Amazon has added a whole new layer to the delivery truck traffic and parked vehicles that clog city streets each day. But the real news may be the new layer of infrastructure that's being added to the city's economy in the form of "last mile" fulfillment centers to get it all to consumers overnight.
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Development plans for ex-Amazon site in LIC move forward with emphasis on local community goals

Previous rendering of Anable Basin, courtesy of WXY architecture + urban design

September 19, 2019

Development plans for ex-Amazon site in LIC move forward with emphasis on local community goals

Soon after Amazon canceled plans to build a new headquarters in Long Island City, the city began reviving earlier plans to bring a mix of residential and industrial spaces to the neighborhood. Developers and city officials are still in talks over how the 28-acre site—which includes land owned by both the city and plastics company Plaxall—will be used. As Politico recently reported, the vision is starting to come into sharper focus with property owners now engaging the neighborhood and community board to help determine the future of the waterfront site.
Here's what we know so far

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Amazon might end up in Queens after all, considers Maspeth site for new distribution facility

Google Street View of the Maspeth site

July 30, 2019

Amazon might end up in Queens after all, considers Maspeth site for new distribution facility

As Amazon's search for new warehouse space continues, the retail giant is looking to Queens again, as Crain's reports. Several sources have said the company is considering leasing the site at 55-15 Grand Avenue in Maspeth, which can accommodate over 700,000 square feet of space. If the deal goes forward, Amazon would scrap the existing, former warehouse and build a custom distribution facility from the ground up.
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Amazon considers leasing historic former Lord & Taylor flagship from WeWork

Photo courtesy of Lord & Taylor

July 26, 2019

Amazon considers leasing historic former Lord & Taylor flagship from WeWork

Earlier this week reports circulated that Amazon might be eyeing Industry City for new office space in Brooklyn, but the company’s search isn’t limited to one borough. As the Wall Street Journal reported, Amazon is searching throughout New York City for a space large enough to accommodate its growing workforce and is in talks with WeWork to lease space in the historic Lord & Taylor flagship store, which WeWork bought earlier this year. Spokespeople for both companies declined to comment, but sources say Amazon is considering leasing a part of the building or the entire 12 stories. The Journal also noted that Amazon is looking into other locations, including the Farley Post Office across from Penn Station.
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Uncategorized

Sources say Amazon is eyeing Industry City for new logistics facility

Photo via Industry City

July 24, 2019

Sources say Amazon is eyeing Industry City for new logistics facility

Months after breaking up with Long Island City, Amazon is scoping out locations in neighboring Brooklyn, as Crain’s reported today. Sources say the company is searching for “a massive space” to house a new logistics facility and is considering renting out roughly one million square-feet at Industry City in Sunset Park, though that wasn’t confirmed by anyone involved directly in the potential deal.
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Uncategorized

Amazon is shopping for office space in Manhattan’s new west side towers

Manhattan West. Rendering via VisualHouse.

May 28, 2019

Amazon is shopping for office space in Manhattan’s new west side towers

Retail disruptor Amazon has reportedly been looking at over 100,000 square feet of office space in the new One Manhattan West tower and supertall-to-be Two Manhattan West. According to the New York Post, the company is looking for “at least 100,000 square feet or much more” in the glassy skyscrapers that are part of a rapidly rising West Side development hot spot. When the Post asked Mayor de Blasio about the news, he told the paper that if Amazon moves forward with the plans, "they’re going to have to do it on their own."
Unlike Queens, Manhattan will hardly notice

New Developments

Amazon is building a $5.6M factory in Queens, no high-paying tech jobs expected

Image via Flickr.

May 7, 2019

Amazon is building a $5.6M factory in Queens, no high-paying tech jobs expected

Last week brought news that a $5.6 million Amazon conversion project is coming to the former Bulova facility at 26-15 Boody Street in Woodside, Queens that will turn the warehouse into a delivery center for the retail giant. Though the new project is expected to create 2,000 new jobs, an Amazon spokesperson told 6sqft they're likely to be $18-$25 per hour jobs rather than the 25,000 $150K professional salaries the no-go Amazon HQ had promised.
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New Developments

Long Island City library may be evicted from Queens tower after Amazon debacle

image via Google Earth

April 25, 2019

Long Island City library may be evicted from Queens tower after Amazon debacle

Two months after mega-retailer Amazon announced it was walking away from a lease at One Court Square, a Long Island City library branch that occupies space on the ground floor of the 53-story Citigroup building is facing the possibility of eviction according to non-profit publication The City. The lease on the 3,200-square-foot One Court Square branch of the Queens Public Library expires on August 31. The library has paid an annual rent of $1 since the building opened in 1989 as part of a deal with Citigroup, whose lease on the space ends in May of 2020, but a spokesperson for the library has said that the building's owner has “indicated it is seeking market rent for the library space.” Last year, building owner Savanna was reportedly seeking $55 to $65 per square foot for space in the building.
A valuable community service in jeopardy

City Living

Two-thirds of voters say losing Amazon deal was bad for New York

Image via NYCEDC

March 19, 2019

Two-thirds of voters say losing Amazon deal was bad for New York

According to a new poll conducted by the Siena College Research Institute, nearly two-thirds of New York state registered voters think Amazon’s decision to cancel its plans for a second headquarters in Queens was bad for New York. Sixty-one percent of the people who were polled say they would approve of the deal—in which Amazon would receive up to $3 billion in state and city incentives and create up to 25,000 jobs—if the company were to reconsider. The results are clear: “While some may have celebrated Amazon’s announcement to pull the plug, the vast majority of New Yorkers of every stripe thought it was bad for the Empire State,” said Siena College pollster Steven Greenberg.
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Policy

Hudson Yards got bigger tax breaks than the ones promised to Amazon

Rendering courtesy of Related/Oxford.

March 11, 2019

Hudson Yards got bigger tax breaks than the ones promised to Amazon

The $20 billion, 28-acre Hudson Yards megaproject has been in the news recently as its official March 15 grand opening approaches. The New York Times reports that the nation's largest residential development has gotten more than a little financial help from the city government to get there. In fact, public records–and a recent study by the New School–reveal that the development has received nearly $6 billion in the form of tax breaks and additional government assistance, twice the controversial $3 billion in incentives held out to Amazon to entice the retail tech giant to bring its second headquarters to Queens.
That's a pretty big break

Image via CityRealty

March 1, 2019

Cuomo pleads with Amazon to reconsider Long Island City deal

Update 3/1/19, 1:10pm: According to Crain's, Governor Cuomo said today on WNYC's Brian Lehrer Show, "They have given no indication that they would reconsider. I have no reason to believe that Amazon is reconsidering. Would I like them to? Certainly. But I have no reason to believe that." Amazon's Valentine's Day breakup with New York City has been rough on Governor Andrew Cuomo; the New York Times reports that Cuomo has continued to beseech the retail giant to build one of its two new headquarters in Long Island City, Queens, as it had announced plans to do last November. According to the Times, Cuomo has privately assured Amazon officials that he would ease the company's path to any needed approvals and is "working intensely behind the scenes"–including a personal pitch to founder Jeff Bezos–to get Amazon to reconsider.
Baby, come back

Policy

Long Island City restaurant owner traveled to Seattle in an attempt to revive Amazon deal

John Brown Smokehouse on 44th Drive in LIC via Flickr

February 28, 2019

Long Island City restaurant owner traveled to Seattle in an attempt to revive Amazon deal

The owner of a Long Island City barbecue restaurant flew to Seattle on Monday in an attempt to revive the city's deal with Amazon. Josh Bowen, who owns neighborhood joint John Brown Smokehouse, met with executives from the company for two hours, according to Qns.com. Earlier this month, Amazon announced it would no longer open a headquarters at the proposed waterfront location in Queens after facing resistance from local politicians and activist groups. During the meeting, the businessman asked if they would reconsider their decision to pull out of the project. Their response? "Never say never," the executives told him, according to Bowen.
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Policy

Plan for affordable housing and industrial space back on the table for ex-Amazon site in LIC

A rendering from 2017 depicting the proposed mixed-use site; courtesy of TF Cornerstone

February 25, 2019

Plan for affordable housing and industrial space back on the table for ex-Amazon site in LIC

The city's plan to bring a thousand residential units and a mix of industrial space to Long Island City is back on the table after Amazon last month announced it will not open a complex in the neighborhood. James Patchett, the president of the city's Economic Development Corporation, said during the Crain's New York Business breakfast on Thursday that the city will forge ahead with its original plan of bringing a mix of businesses and homes to the Queens neighborhood, Gothamist reported.
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Affordable Housing

Via CityRealty

February 14, 2019

Amazon will not move to Long Island City

Amazon said on Thursday it will no longer build a new headquarters in Long Island City, the New York Times reported. The online retail giant selected the Queens neighborhood last year for its "HQ2" campus following a 14-month nationwide contest. Amazon had promised to bring 25,000 jobs to New York City in exchange for nearly $3 billion in state and city incentives. In a statement, the company said it does not plan to look for another location at this time.
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Policy

A majority of New Yorkers want Amazon in Queens, new poll shows

Rendering via NYCEDC

February 12, 2019

A majority of New Yorkers want Amazon in Queens, new poll shows