Amazon Pulled the Plug in New York….What Happened???

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In a recent episode of News for Investors, Kathy Fettke takes a look at the reasons Amazon pulled the plug on its HQ2 plan for New York City that left many people stunned – especially in the real estate world.  However, she says there are many people who now think the city lost a golden opportunity for 25k+ jobs & economic growth and, interestingly, suggests there’s a slim chance they were bluffing.  Indeed…

“Bloomberg reports that Tom Forte of wealth management company…feels that Amazon may have announced the break-up as a wake-up call for local officials leading the opposition, to get them on board. He said …’We have a difficult time believing the company would have invested so much time and energy in selecting a second city for a new headquarters… only to throw in the towel on the first significant blowback.'”

Click here to read the full transcript at realwealthnetwork.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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