Newmark Advises New York Empire State Development on Amazon HQ2 Site Selection Bid

Newmark is pleased to announce that it advised New York State's Empire State Development (ESD) on its successful bid for Amazon's East Coast HQ2 operations, the largest state development project in state history.

As one of the world's leading commercial real estate advisory firms, Newmark played a key role as a trusted advisor, helping ESD understand Amazon's selection criteria and how to best position itself for the deal. Through the process, Newmark's Location Strategy and Site Selection specialty practice provided specific expertise in large headquarters' case study site selection, labor analytics, competitive assessment and benchmarking, financial modeling and experiential advice on targeted aspects of the combined ESD and City of New York proposal bid package.

"We are proud of our team, which leveraged years of experience to give the best possible advice to ESD. We worked with ESD as a trusted advisor, helping to showcase the scale, infrastructure and young, highly-skilled talent pool that New York City offers Amazon," said Robert Hess, vice chairman of Global Corporate Services. "We are pleased to have helped ESD develop the right mindset and approach to deliver on this economic opportunity for the city, state and entire region."

Read the full press release.

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