Amazon to add 359,000 square foot office in New York City
Governor Andrew M. Cuomo yesterday announced that Amazon will expand its presence in New York City with the addition of a 359,000 square-foot administrative office at 5 Manhattan West. This latest investment and expansion will create 2,000 new, high-paying jobs in finance, sales, marketing, and information technology. To encourage Amazon's expansion in New York State, the company was offered up to $20M in performance-based taxed credits through Empire State Development's Excelsior Jobs Program. Amazon will invest $55M to outfit the 359,000 square-foot office space at 5 Manhattan West using energy-efficient standards. The expansion will create 2,000 new jobs in finance, sales, marketing, and information technology that will earn an average of $100,000 annually. Amazon will also retain over 1,800 jobs in New York State. "We're excited to expand our presence in New York - we have always found great talent here," said Paul Kotas, Amazon's Senior Vice President of Worldwide Advertising. "Last January we announced our plans to create 100,000 full-time, full-benefit jobs in the U.S. by mid-2018 - and we are on track to reach that goal."