Amazon announced it would cancel its New York HQ2 just days after an Amazon critic was appointed to the board.
Amazon announced it would cancel its New York headquarters just days after an Amazon critic was nominated to the board.New York Gov. Andrew Cuomo is cracking down on the state board that may have imperiled Amazon's New York City headquarters.
Cuomo added a provision to the state budget, which the legislature passed early Monday, that gives him greater control over the Public Authorities Control Board, The Wall Street JournalThe board's approval was required for some aspects of the Amazon deal, which promised up to $3 billion in state incentives to Amazon for building its new headquarters in Long Island City.
Amazon abruptly cancelled plans for its New York headquarters in February, before the board ever got a chance to review the deal.The company's decision came just days after an Amazon critic, New York state Sen. Mike Gianaris, was nominated to the board.
Cuomo's new provision prohibits board members from blocking a deal for any reason other than the availability of funding, and gives the governor the power to remove members who threaten to break that rule.Read more about Amazon's decision to pull HQ2 from New York:
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