Newark Not Chosen for New Amazon Headquarters Location

Officials at Amazon has cut the list of 20 potential location for its second headquarters down to two places that does not include The City of Newark NJ according to the New York Times.

Amazon announced a list of 20 finalists for HQ2 in January, including: Atlanta; Austin; Boston; Chicago; Columbus, Ohio; Dallas; Denver; Indianapolis; Los Angeles; Miami; Montgomery County, Maryland; Nashville; Newark; New York City; Northern Virginia; Philadelphia; Pittsburgh; Raleigh; Toronto; and Washington, DC.

In addition to confirming that a deal is in the works with Crystal City, The New York Times on Monday reported that the Long Island City neighborhood of New York City is nearing an agreement with the tech giant. Locations that are still in the running include New York, Dallas, and Crystal City, Virginia, The Journal reported over the weekend.

Amazon officials say they have decided to divide HQ2 "evenly" between two locations, with 25,000 jobs each. Amazon initially said it would invest $5 billion and employ 50,000 workers in the winning area according to company officials.

SOURCE: The New York Times-Washington Post IMAGE CREDIT: Market Watch