Bill Montana was upset with a real estate broker at an industry event in New York on Thursday, with Amazon.com Inc.'s decision to build a large campus in Queens.
The next morning, the euphoria had evaporated. He gave a report stating that the technology giant has reevaluated its plans that led to a violent public response and gave hope for a significant recovery in the activities of the real estate community.
Cu You must be joking! Cu Montana, the senior managing director of broker Savills Studley, said when he reached Friday's phone. ”Amazon would be extremely stupid to really give up this deal.“
A large search center for a second headquarters is being paid in the large city center in Crystal City in North America. The company could reach up to 50,000 people to create an agreement, and the real estate industry spit out on the expectations of huge office developments.
The 29-year-old newly-formed congressman did not take into account the Ocasio-Cortez of Alexandria and other New York politicians who reduced the subsidies subsidizing the city and the province. This has triggered a political storm of fire, which can now summon the agreement.
Bir It has settled between a terrible shame and a destructive loss, anç said Michael Cohen, the three state regional chiefs of broker Colliers International Group Inc. . Not the end of the world, but a self-injurious wound. The sign might want to follow in the footsteps of Amazon. "
In November, Citigroup Inc. said it would mobilize about 1,100 employees from the One Court Square building in Long Island City to make room for the Amazon. Savanna, the owner of the building, said she entered a letter of intent to rent about 1 million square feet with the technology giant. Savanna's founder, Christopher Schlank, declined to comment on Amazon's reconsideration.
Euphoric Bids
Adelaide Polsinelli, a broker from New York City-based Compass, said, too many offers came for buyers in the region. New ”People made serious bets because they were there at Amazon, and now there is no local office market.“
Polsinelli said he had contacted about 20 new buyers interested in seeing properties in Long Island City. After the first announcement of the Amazon, some owners have increased the prices to 20 percent, but expects the value of the company to be forced to go somewhere else, he said.
If there is no support from the Amazon, the number of condominiums in Long Island City will probably slow down, said Stribling & Associates broker Patrick W. Smith. Since Amazon announced its plans, the landlords signed 132 contracts in the neighborhood as of February 3rd. The data was signed before the 40th signing in the same period a year ago.
”If Amazon is completely free of this deal, we must wait for the sales rate to return to the pre-Amazon number, Smith Smith said.
For now, people are trying to assess whether this is just a bargaining tactic. Amazon has used the threat of slowing its growth to win policy concessions in Seattle, where it is headquartered in Seattle, and employs tens of thousands of workers.
In May, the city council is planning to vote for new employers to finance their homeless services, while Amazon plans to stop working in an office tower and intends to leave another area planned to sit in the city center. Following the threat, local authorities re-scaled the tax refund. Amazon and other field enterprises then endeavored to take back the ballot box measure. The city council lifted the tax after about a month.
The report is probably a floating bubble to scare people from New York into order, için said Tom Stringer, managing director of BDO Consulting. However, he said, ”Certainly, many government agencies are closely following it and they are in contact with the Amazon and are looking for a chance to miss it.
Bloomberg