Mark Lennihan/AP
The NYC public transit system is already crammed.
- Many residents of $4 and $4 aren't happy that $4 will be opening its $4 in their neighborhoods.
- It's important to note that the HQ2s won't be built overnight, and changes will come gradually.
- Hiring will be complete in Arlington by 2030 and by 2028 in New York City.
Since $4 confirmed on Tuesday that it will be opening its $4 in New York City and Arlington, many residents are, to put it lightly, $4.
And with good reason. HQ2 is going to strain New York City's already-decaying $4. The influx of six-figure labor will likely $4, where about a fifth of households $4 and housing affordability is already a struggle. $4 residents said schools are overcrowded, traffic is a challenge, and housing is pricey - HQ2 is likely to augment those issues.
Compounding those frustrations are the tax breaks Amazon will receive for adding those jobs. Amazon will get a $550 million cash grant $4 and $1.5 billion $4. Both cities will also assist Amazon in $4 for Jeff Bezos, Amazon's CEO and the richest man on earth.
Folks are concerned that $4 of their neighborhoods will be forever altered. As columnist Danny Westneat $4, "Amazon is about to detonate a prosperity bomb in your town."
Read more: $4
But missing from this panic is an important note - the neighborhoods won't be changing overnight.
According to the agreements Amazon has with $4 and $4, the company will have years to hire all 25,000 folks to the respective headquarters. The New York office will be staffed up by 2028, while Arlington will reach 25,000 by 2030.
Andy Kiersz/Business Insider
The hiring will be gradual, as well. Next year will bring only 400 hires to Arlington and 700 to Long Island City, according to the proposals.
Throughout the next 10 to 12 years, on average, the New York office will hire 2,500 employees per year and the Arlington office will hire around 2,100 per year.
Andy Kiersz/Business Insider
There also may be way more than 25,000 folks joining Amazon in each city. The proposals say there is potential for hiring to go on for the next 16 years in both cities. (That's called "Phase Two" in Virginia.)
By 2033, Amazon may have a total of 40,000 workers in Long Island City and nearly 38,000 in Arlington by 2034.