This article was originally published on CommonEdge as "An Amazon Correction: The City Won – and the Company isn't Going Anywhere."
The Amazon brouhaha needs clarification: the company is not “pulling out of New York.” It’s simply canceling the construction of a physical campus in Long Island City, the fastest growing neighborhood in the city for almost a decade. The fate of that neighborhood reflects the outsize development trend of the larger city and the erroneous assumption that construction means growth. But let’s leave the bigger picture aside for the moment.
