BBC

When Amazon becomes your next-door neighbour

Once considered a barren industrial wasteland in Queens, New York, Long Island City is one of the fastest growing neighbourhoods in the US.

That's likely to continue – after a 14-month contest that attracted hundreds of bids from cities across North America, online retail giant Amazon this week announced it will build one of two new headquarters there.

The company has promised to create as many as 40,000 jobs and invest more than $3.6 billion over the next 15 years. In return, New York’s city and state governments have offered performance-based incentive packages that could top a combined $2.8 billion.

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