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Warning Shot? Amazon Pulls Out Of Seattle Office Tower At Center Of Homeless Tax Debate

• https://www.zerohedge.com by Tyler Durdan

According to a report published by GeekWire, which managed to obtain a copy of a marketing flier circulated by the company, Amazon is seeking to sublet 30 floors of office space in a new building in Rainer Square - which is still under construction.

A marketing flier obtained by GeekWire confirms that the tech giant is seeking new tenants for its office space in Rainier Square, a building under construction that will one day be the city's second-tallest skyscraper. Amazon had leased all 30 floors of office space in the building. After weeks of rumors, the listing was made official over the weekend, according to real estate brokers familiar with the marketing efforts. Amazon will make all of the office space it leased in Rainier Square available to other companies.

Amazon's decision to pull out of the tower, which comes after the Seattle City Council backed down from plans to impose a new headcount tax - intended to provide more resources for homelessness - after the company threatened not to move into Rainer Square, is "emblematic" of the company's "uncertain future" in its hometown. 

Now, it appears Amazon is making good on that threat, despite having beat back the tax.

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