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The Vessel at Hudson Yards, New York City in Oct. 2019. Photo: Gary Hershorn/Getty Images

Amazon said it signed a new lease on Friday for 335,000 square feet of New York City's Hudson Yards neighborhood, the Wall Street Journal reports.

The big picture: Outrage from activists and local lawmakers and Rep. Alexandria Ocasio-Cortez over Amazon's now-canceled HQ2 has not curtailed Big Tech's massive physical expansion into New York.

Driving the news: Facebook is currently in talks to lease nearly 700,000 square feet of New York's iconic Farley Building, per WSJ, on top of a lease it signed in November for 1.5 million square feet in Hudson Yards.

  • The new lease would elevate Facebook to the top ranks of New York's largest corporate tenants, WSJ notes — alongside Bank of America and JPMorgan Chase.
  • Google said in 2018 that it hopes to start moving into Manhattan's Chelsea Market and Pier 57 by 2020, followed by establishing its 1.7 million-square-foot Google Hudson Square campus in 2022.

The bottom line: Amazon's new office space comes without any of the tax incentives offered as part of its New York HQ2 deal. Facebook signed its Hudson Yards lease without any direct local financial incentives or tax credits — but it is currently unknown what Facebook could get for moving into Farley Building, per WSJ.

Go deeper: After Amazon HQ2, Northern Virginia tries to build regional brand

Go deeper

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

Erica Pandey, author of @Work
1 hour ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

Wanted: New media bosses, everywhere

Illustration: Sarah Grillo/Axios

The Washington Post, Los Angeles Times, Reuters, HuffPost and Wired are all looking for new editors. Soon, The New York Times will be too.

Why it matters: The new hires will reflect a new generation — one that's addicted to technology, demands accountability and expects diversity to be a priority.