
Originally Posted by
gimmick
NY is also much more likely to attract other business without paying tax incentives than something like 230 out of 238 cities. Basically why NY was picked with 3bill nominal fee when other sited offering 9,7bill were turned down.
I think that's roughly Bloomberg's stance. NY doesn't have to offer money anymore for it to be desirable for business. Meaning opportunity cost for resources is actually quite high.