Friday , December 4 2020

Community activists stage Cyber ​​Monday protests in the fight against Amazon's HQ2



While activists in New York City rallied against Amazon's decision to bring one of its two HQ2 corporate offices to the Queens neighborhood of Long Island City,

Activists occupied an Amazon Books

AMZN, + 5.14%

brick-and-mortar retail location near Herald Square in Manhattan for roughly half an hour starting around 12:30 pm Dozens of protestors, many carrying signs and cardboard boxes similar to Amazon's packaging, gave speeches and chanted slogans including "Not a Penny to Amazon" inside the store before continuing the protest outside on the sidewalk.

Community groups plan to stage a second, bigger rally Monday evening in Long Island City's Square Square Park, just blocks away from where Amazon's HQ2 is set to be built. More than 3,000 people said on Facebook

FB, + 3.89%

that they are interested in attending the later event, which will include a march followed by a rally.

The two events were organized by roughly two dozen community groups, including local unions and nonprofits that work on behalf of immigrants. And the timing of the events was no coincidence – the organizers said they hoped that by holding the protests during Cyber ​​Monday they could better educate the public on what they see as the potentially damaging effects of Amazon HQ2 and garner greater interest from local and state politicians.

Read more: What Amazon's HQ2 will mean for house prices

"Cyber ​​Monday is a big day for Amazon, and Amazon coming to Queens is a big deal for New Yorkers," said Charles Khan, an organizer with the Strong Economy Coalition and the Center for Popular Democracy, to MarketWatch following the Herald Square protest. "It's a trillion-dollar company run by the richest man in the world, and they do not need any help from taxpayers to come to New York."

Jacob Passy

Dozens of protestors filled an Amazon Books store near Herald Square in Manhattan on Cyber ​​Monday, calling on NYC officials to rescind their "HQ2" offer to the retail giant.

Many of the protesters said they were worried about the effects that Amazon's corporate offices in Long Island City could have on affordable housing in Queens. In particular, some fear that the relatively low housing prices in nearby neighborhoods like Woodside and Jackson Heights could attract Amazon's new employees and lead to gentrification and rent increases.

Organizers said they are concerned about the large population of newly arrived low-income immigrants in Queens – they fear they could be pushed out by newer, wealthier residents. Researchers have estimated that Amazon's HQ2 could push as many as 800 people into homelessness in New York City and Northern Virginia. (Amazon did not respond to a request for comment.)

"We are committed to blocking this deal," said Deborah Axt, co-executive director of Make the Road New York, a nonprofit that promotes community building and policies that benefit immigrant and working-class residents. "We have no interest in re-living what they're experiencing in Seattle."

Additionally, activists have expressed concern about the $ 3 billion-plus in subsidies that New York state and city officials have promised to Amazon in order to lure it to New York. Arguments from lawmakers that Amazon HQ2 will increase the state's tax revenue did not sway many, including Maritza Silva-Farrell, executive director of ALIGN, a nonprofit focused on workers' rights and economic equality. "This is like the traditional trickle-down economy that we know does not work," she said. "These are subsidies people would prefer to be used for education and transportation."

Get a daily roundup of the top reads in personal finance delivered to your inbox. Subscribe to MarketWatch's free Personal Finance Daily newsletter. Sign up here.


Source link