1 of 3 2 of 3 3 of 3
New Yorkers will protest at City Hall on Wednesday, rallying against the Amazon deal.
It comes as city lawmakers hold their first hearing over the agreement that led Amazon to announce its building part of its second headquarters in Long Island City. The company is receiving more than $1 billion in tax breaks and incentives.
Critics argue that money would have been better spent fixing some of the city’s problems, such as the subway system or the public housing crisis. Some lawmakers have also expressed concern that they were cut out of the process for coming up with the terms of a deal.
Advocates say Amazon moving to Queens will create 25,000 good paying jobs. They contend that will lead to more revenue for the city and state, with the deal more than paying for itself.
“This is the largest economic development initiative that has ever been done by the city or the state, or the city and the state together,” Cuomo said in November.