Virginia Lures Amazon for a Bargain Compared with New York City

Nov. 13, 2018, 9:15 PM UTC

In the sweepstakes over Amazon’s second headquarters, Virginia got a bargain -- at least compared with its northern counterpart, New York City.

Virginia’s state and local governments agreed to shell out as much as $796 million in tax incentives and infrastructure improvements over the next 15 years in exchange for 25,000 well-paying tech jobs. That works out to just under $32,000 per job -- about half of the $61,000 per job that Amazon said it will receive from New York to create the same number of jobs at the site in Long Island City in Queens.

New York Governor Andrew ...

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