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Amazon HQ2 to be split evenly between two cities

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Amazon Exec Rips `Leaking&apos to Bezos&apos Post on Headquarters

Beyond that, a lot is TBD.

The retail and technology company announced previous year that it was seeking a location for a second campus.

As has happened with Hudson Yards, the supposedly "self-financed" development on Manhattan's West Side that a new study reports will cost taxpayers a staggering $5.65 billion - with more to come.

Back in January, Pittsburgh was named one of the 20 potential cities being considered for HQ2.

If Amazon does officially name Queens as a location for its next headquarters, the move could help NY establish itself as a technology hub. The Seattle-based company has been on the hunt for a new home - or homes - for more than a year.

- Amazon plans to split its new second headquarters into two locations, according to a report from the Wall Street Journal.

The Wall Street Journal said the main reason for having the two new facilities is to be able to recruit enough talent.

Here's what we know about where HQ2 plans stand.

For Amazon, the HQ2 fanfare has added to a year of striking growth and significant milestones.

The Washington Post reported on Saturday that Amazon was close to naming its HQ2 location, but Crystal City was the only city named. Part of Arlington County, Va., the neighborhood offers almost 10 million square feet of office space, as well as an additional 400,000 square feet in the pipeline, according to the Crystal City Business Improvement District. "And stop treating the NDA you signed like a used napkin", tweeted Mike Grella, Amazon's Director of Economic Development.

The fact a company like Amazon with its vast resources is asking for government subsidies irks New York University's Stern School of Business professor Scott Galloway. He's the owner of The Washington Post and owns a home in the area. Its chief executive, Bezos, has a net worth of about $135 billion and is the richest person in the world, according to Forbes.

Amazon did not respond to requests for comment. It's just one example of the rapid and wrenching changes to the economic makeup of the city the arrival of Amazon's 45,000 well-paid staffers has brought.

The tempting offer sent cities across the United States, Mexico and Canada into a frenzy. Amazon could invest in helping others move to the community.

But on the whole, finalists took varying approaches to releasing their proposals to the public. Some 18,000 residential units are located in the same radius, not counting some 1,600 under construction and 4,300 in the pipeline, the Crystal City BID estimates. The city touted its diverse technical talent, universal health care and welcoming immigration system. It could also give the company greater leverage in negotiating tax incentives, experts said.

But while visions of throngs of wealthy taxpayers suddenly appearing in their cities lured many officials, other expressed concerns that an unprecedented flood of young, highly-educated, well-paid workers from elsewhere might destroy the very charm and culture of the cities that made them so alluring in the first place.

Jeff Bezos, Amazon's CEO, recently said that the company looked at data to help make its decision "but then you make that decision with your heart".

This may have something to do with Amazon being sensitive to criticisms that no one municipality could absorb the large impact of Amazon's HQ2 as it had been proposed.

Amazon could announce its decision as early as this week. "Not a single city or site".

I'd love to see some of that innovative energy applied to helping neighborhood businesses and smaller retailers - those most threatened by Amazon's relentless march - embrace new technology and thrive.

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