if he was willing ing to give little more. i think that s an interesting debate. about winners and losers. it s going around on twitter. the folks who bought real estate in long island city because they thought they were making an investment on the future and now have to figure out what to do with those condos. but in fairness, this long island city is one subway stop city away from manhattan. can i just ask one question? we don t have any time left. i know. let s say help chose chose a di city. the conversation would be more favorable for amazon. local politicians had said in cities that were in need? rochester had kodak, gone.
middle class people cannot rent in new york. i m just painting the picture. you had those meat packing facilities. more affordable housing. since that neighborhood changed, you now have a whole lot more jobs. you have tech over there. this is a way none of us know a teacher who lives in new york, a firefighter. none of us know an artist. you know why there s no graffiti in new york? it s too far from the city. s th a question, are we going keep bringing the people in from inside and pushing people further out. the statistician made an interesting observation. which is look the people who actually supported if you
new york. but is this good or bad? look, lining you said, it s a divisive issue. who feel like amazon doesn t deserve $3 billion in tax incentivings. another contingent feels 25,000 jobs, that would have benefited long island city. as a kid from seseattle, know wt amazon can do for a city. we can say listen new york is fine and dandy. we don t need it. take yourself back in new york city 15 years ago to the meat packing district. when people could afford to rent a place?
as it happens. so for these companies to relocate, it is the issue for the concessions, the money given away for stuff that will have good results and bad results? ie, expensie ivive propertyinpr. it s happening. i guess the better example is nashville. a city minding its own business with a whole bunch of new york bankers about to settle in there because it s too expensive to live in new york. bankings as are resettling. putting their back office in nashville, detroit. what an amazon could do in places like philadelphia or baltimore, it would be massive. there s a larger story. there s a massive concentration
that s right, the thing obviously more broadly is they extracted from 238 city it is between 5 and 10 possible sitings. to be part of the competition. you ve got to think about what their locng-term strategy is. they re going to expand. they know based on the thousands made available to them, not only do they know what kind of concessions they ll get, they know exactly where they re going to put a latin american headquarters that could be perfect in miami, right, r & d center in pittsburgh. a list of expansion sites they have ready for. not only did they manage to get all these concessions from new york city with an incredible amount of protest in the end such that it drove them away. but they have a backup plan. so this is by no means the end. i don t think amazon suffers one way or the other.