The New York Times
By Jim Tankersley, Nov. 14, 2018
There are wine bars and a cycling studio along the riverfront in Long Island City, among gleaming high-rise apartment buildings with views of Midtown Manhattan. The soon-to-open library branch is a modern art cube of concrete, the median income is $138,000 a year, and America's hottest online retailer is about to move in.
In the eyes of the federal government, the census tract that will house Amazon's new headquarters in New York is an “opportunity zone,” eligible for tax credits meant to spur investment in low-income communities. Read more.