What if the next glass tower going up in Brooklyn were to be the East Coast headquarters of Amazon?

The company announced Thursday morning that New York City was one of 20 finalists in its HQ2 location competition. Other nearby finalist cities include Newark, Philadelphia and Washington, D.C.

Amazon indicated HQ2 could have an enormous economic impact in the city it chooses. The company says it will spend $5 billion on construction of its headquarters, and create 50,000 high-paying jobs. In Seattle, the home of its HQ1, the company said it created $38 billion in economic activity between 2010 and 2016.

READ FULL ARTICLE HERE