Electile Dysfunction (Current students plz look!)

[Ken]

If you want to cite studies and ignore input output economics that companies like Amazon and EDOs/WIBs use in these types of city / employer negotiations, there are literally hundreds of articles out there describing the lost investments into the city (including education), income tax revenue, secondary and tertiary jobs and the impact of primary and secondary vendor supplier revenue and job increases when you bring that many employees to a region.  Most of what you are quoting are studies offering guesswork as to "what a city could do" with "that kind of economic benefit".  Of course it's going to cost more to collect trash when there are more people in an area, give me a break.  

If we're ignoring mathematics and just going off local rags, here's one I found from up that way that rattles off facets of the deal without having to type here for the next hour to educate everyone here about regional economics:

Jobs
Amazon would have reportedly generated $27.5 billion in city and state revenue over 25 years—a 9:1 ratio of revenue to subsidies. This arrangement was predicated on Amazon creating at least 25,000 jobs over the next decade—and up to 40,000—with an average salary of $150,000, the memorandum said. Another 1,300 jobs were in the pipeline for construction and some 107,000 in total direct and indirect jobs were anticipated, according to state estimates.

Amazon, the city, and state initially planned to commit $5 million each toward workforce development. The deal also planned for a local nonprofit to open a training center on the HQ2 campus to mentor and recruit Long Island City locals, according to the city. A $10 million expansion of the city’s JobsPlus program into the Queensbridge Houses—the largest public housing complex in the country—was set to take shape. Additionally, the de Blasio administration planned to launch a $3-5 million program geared toward training NYCHA residents for careers in IT, cybersecurity, and web development.

Infrastructure
To fund local infrastructure—streets, sidewalks, open space and the like—Amazon planned to utilize the city’s Payment In Lieu of Taxes (PILOT) program, estimated by former Deputy Mayor Alicia Glen at $600 to $650 million over four decades. Amazon would have also built a 600-seat school and 3.5 acres of public, open space along the waterfront at Anable Basin.

When the deal first landed, transit advocates and elected leaders promptly called on Amazon to beef up transportation infrastructure in Long Island City, worrying that existing options weren’t enough to serve the rapidly growing neighborhood. Advocates pointed to the ongoing bus and subway crisis plaguing the city and packed train cars that run on the 7 and G lines through the area.

HQ2 was also piggybacking off of city infrastructure investments that were already in the works, or in the midst of being proposed, including $46 million for sewer and water-main upgrades, $60 million for a new school and a new Long Island Rail Road stop, and $180 million in new spending for overall improvements to Long Island City, the city has said.

Economic Impact
As part of the contested incentives package, Amazon was to receive nearly $3 billion in tax breaks, abatements, and grants. The state was committing up to $1.7 billion in Excelsior Tax Credits and capital grants—again, based on Amazon’s delivery of job and investment commitments. On the city side of things, the Industrial Commercial Abatement Program (ICAP) would have abated approximately $386 million in property taxes, while the Relocation and Employment Assistance Program (REAP) would have been worth $897 million, according to city and state officials. Incentives aside, the state would have reportedly earned $14 billion in tax returns, and the city would have received more than $13.5 billion in tax revenue over a 25 year period.

But officials revealed at a January City Council hearing that the price tag to bring Amazon to Long Island City could have cost $987 million more than the city previously claimed because city estimates only accounted for the minimum job and infrastructure investments that Amazon was expected to make, according to a report from the Council’s Finance Committee.

Real Estate
Long Island City transformed from a buyer’s to a seller’s market practically overnight after Amazon’s HQ2 announcement. The change came after a slump that in October saw 13 percent of the area’s listings slash their prices. Real estate experts speculated that Amazon’s move to Long Island City could paved the way for other large companies to move into the neighborhood. Amazon’s sudden reversal will undoubtedly lead to “whiplash,” as one StreetEasy expert put it in a statement.

The HQ2 cancellation has sent some developers scrambling, namely family-run plastics company Plaxall that was initially due to rent 4 million square feet of Long Island City land to Amazon for its headquarters.

Amazon said Thursday that it doesn’t plan on restarting its search for another location. The company will still move forward with its HQ2 location in Crystal City, Virginia, and a smaller operations center in Nashville, Tennessee.

Okay-  as I already mentioned, this study that all of you seem to champion, was seriously flawed for the reason I mentioned.

Amazon would have reportedly generated $27.5 billion in city and state revenue over 25 years—a 9:1 ratio of revenue to subsidies. This arrangement was predicated on Amazon creating at least 25,000 jobs over the next decade—and up to 40,000—with an average salary of $150,000, the memorandum said. Another 1,300 jobs were in the pipeline for construction and some 107,000 in total direct and indirect jobs were anticipated, according to state estimates.

40,000 jobs were assumed for that number, assumed nothing developed in it's place.

As your own article also states, they were adding little to nothing in regards to infrastructure that they would be adding even more strain to. 

I will grant you, this is complicated. Again, though, this isn't the doom scenario you're trying to paint. NYC will be just fine, other companies will move in without needing any incentives.