Amazon said would require $5 billion in construction and other investments in New York

Amazon said would require $5 billion in construction and other investments in New York

The deal for the Queens development, in Long Island City, was announced on Tuesday, after Amazon concluded a 14-month, countrywide search for a location for a second headquarters for some 50,000 well-paid tech workers. The company, which ended up picking two sites and dividing the new workers between them, is also opening a huge corporate site in Arlington, Va., in an area across the Potomac River from Washington.

The company also said it would develop a much smaller operations and logistics facility in Nashville, creating 5,000 jobs.

The announcement capped a frenzied competition among nearly 240 communities across the country. Many politicians saw it as an opportunity to remake their city or a neighborhood for the tech era. Some economists and policymakers warned against using public money to help one of the most valuable companies in the world, and of the potential for escalating housing costs and traffic.