Friday, February 22, 2019
City EDC official says the Amazon deal was flawed since "Day One"
The city’s top economic development official admitted Thursday that the Amazon deal was botched from the get-go.
“The rollout didn’t go as smoothly as it could have. I think we all regret that,” James Patchett, president of the Economic Development Corporation, said at a Crain’s Business forum in Midtown.
“There’s no question that the company was not prepared for what happened in New York City,” he said, but blamed the lack of preparedness on Amazon for failing to hire a “single New Yorker to work with them” or to connect with residents.
During a question-and-answer segment, Patchett revealed that Amazon was most concerned about the high cost of living for its employees, but was also wary about the crumbling subway system.