Months of speculation and anticipation came to an end this week when Amazon officially announced the joint selection of Long Island City in the Queens borough of New York City and Arlington, Virginia for its new headquarters. The two locales will split a $5 billion investment and over 50,000 high-profile jobs, the online sales giant said. “These two locations will allow us to attract world-class talent that will help us to continue inventing for customers for years to come,” founder and CEO Jeff Bezos wrote in a press release.
The pick spurred little surprise for analysts at REIS, a commercial real estate data and information outlet by Moody’s Analytics. Heeding Amazon’s search criteria—cost of living and of doing business, access to public transportation and to top talent, among others—REIS’s Barbara Denham and Victor Calanog ranked New York City and the District of Columbia as first and third potential choices. Suburban Virginia came in sixth in their 2017 whitepaper.
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