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Amazon Targets Jersey City for Major Office Space Expansion

Amazon Targets Jersey City for Major Office Space Expansion

Amazon.com Inc. is looking to add office space in New Jersey as it expands in the New York City region.

The e-commerce giant is close to a deal for roughly 400,000-square feet (37,000 square meters) of space on the Jersey City waterfront, according to people familiar with the matter, who asked not to be named because the talks are private. It’s targeting a building called Harborside 1 at a Mack-Cali Realty Corp. complex.

A representative for Mack-Cali declined to comment. Amazon didn’t respond to a request for comment.

Amazon has been expanding in New York despite the collapse of its plan to build a second headquarters in Queens in 2019. The firm has recently been in talks to sublease offices in Manhattan’s Hudson Yards from JPMorgan Chase & Co., Bloomberg reported in August. 

Early last year, Amazon bought the Lord & Taylor building, announcing plans to add more than 2,000 employees in the city. It also signed a lease in December 2019 for space on 10th Avenue, near Hudson Yards.

Companies taking space at Harborside can access tax breaks, according to Mack-Cali’s website. Jersey City had pitched itself for Amazon’s second headquarters, offering as much as $5 billion in economic incentives.

©2021 Bloomberg L.P.