Amazon has recently signed a lease for a massive 335,000 square foot building in Manhattan. The addition will provide employment for more than 1,500 people. This move comes after the tech giant ditched its plans to open up an additional headquarters in New York City last February.
The move to the new Hudson Yards follows suit with Facebook, Google, and WarnerMedia, signaling the company’s willingness to be a part of the New York scene, recognizing its importance as a major hub for marketing and media. It is also worth noting that this time around, Amazon did not receive any tax incentives to set up shop in New York. Last February, Amazon was offered $3 billion in financial incentives for the tech giant to open up its second headquarters in Manhattan, however, the plan was skirted by various politicians and activists.
Amazon is also expanding its horizons on the ground in New York as well. Earlier this month, Amazon Handmade came to Bryand to have a “Holiday Pop-Up” sale, where they showcased various artisans’ handmade work for sale. Amazon Handmade will continue to be present at Rockefeller Center through the end of the month. If you are an artisan and wish to learn more about how to sell your work through Amazon Handmade, our team is here to answer any questions you may have.
If you are an Amazon seller and require the assistance of an experienced Certified Public Accountant, please contact Ebiz Accounting for an initial consultation. We provide Amazon business accounting services to clients in New York and throughout the United States. All Amazon sellers should have an accountant they can trust. If you are looking to expand your business, or even form a new one, do not hesitate to reach out to our knowledgeable team today.