Tag: headquarters

U.S. Rep. David Kustoff the Only Tennessee Republican House Member to Vote Against Blocking Construction of $375 Million FBI Headquarters

M.D. Kittle

Representative David Kustoff (R-TN-08) was the only member of Tennessee’s Republican House delegation to vote against an amendment that would have blocked the use of $375 million for a new Federal Bureau of Investigation headquarters office in Maryland.

Kustoff was among 70 Republicans voting to kill Representative Mat Gaetz’s (R-FL-01) amendment to the Financial Services and General Government Appropriations Act of 2024. Gaetz had tried to stop the construction of the gilded FBI headquarters earlier this year.

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Commentary: The FBI HQ Relocation Proposal Is a Fraud

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As of now, House Republicans have removed funds from the FY 2024 budget for the controversial $3.5 billion proposed relocation of the FBI’s Washington, D.C. headquarters to a new complex at one of three locations in the D.C. suburbs of Virginia or Maryland.

Some House Republicans want to keep the FBI headquarters at its current location and view the relocation proposal as unwise and wasteful. Others want to downsize, defund or eliminate the Bureau – and not to reward it with a sprawling new headquarters complex – because they believe it has been weaponized against conservatives.

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Amazon Silent on Reports It Will Split New Headquarters

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Amazon isn’t commenting on reports that it plans to split its new headquarters between facilities in two cities rather than choosing just one. The New York Times, citing unnamed people familiar with the decision-making process, said the company is nearing deals to locate in Queens in New York City and in the Crystal City area of Arlington, Va., outside Washington, D.C. The Wall Street Journal, which also reported the plan to split the headquarters between two cities, says Dallas is still a possibility as well. Spokesman Adam Sedo said Amazon, which will also keep its original headquarters in Seattle, would not comment on “rumors and speculation.” Amazon’s decision to set up another headquarters set off an intense competition to win the company and its promise of 50,000 new jobs. Some locations sought to stand out with stunts, but Amazon emphasized it wanted incentives like tax breaks and grants. It also wanted a city with more than 1 million people, an airport within 45 minutes, direct access to mass transit and room to expand. The company received 238 proposals before narrowing the list to 20 in January. The unexpected decision to evenly divide the 50,000 jobs between two cities will allow…

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Could Downtown Nashville Scrap Metal Recycling Site Move After Nearly 70 Years?

Jason M. Reynolds
PSC Scrap Metal Yard pscmetals.com

PSC Metals is looking to move its scrap-metal recycling operations from its valuable downtown Nashville site on the riverfront and relocate its corporate headquarters to Music City as well, the Nashville Post reports. The company would move its recycling center near Nissan Stadium to somewhere else in Davidson County, the Post reports, citing emails it acquired in a public records request from Metro Nashville. PSC Metals, which used to lease some of the site, bought the rest of the property it did not own last October after a legal battle. Former mayors Karl Dean and Bill Purcell sought to relocate PSC Metals but failed. Former Mayor Megan Barry called the scrapyard an “eyesore.” Her administration released a plan envisioning the site as a park in the 2021-2013 period. The riverside property has been used for recycling since the 1950s after having served as a dump. PSC also may relocate its headquarters from Mayfield Heights, Ohio and has spoken to state and Metro real estate and economic development officials. Potential locations are a Ford Motors-owned site on Centennial Boulevard, a state-owned former prison and a Goodwill site owned by real estate official Bill Hawkins. Benchmark Realty broker Brian Taylor wrote in an…

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Relocation of AllianceBernstein to Nashville is ‘Rebuke’ of Wall Street

Jason M. Reynolds

AllianceBernstein Holding LP is moving its corporate headquarters and about 1,050 jobs to Nashville, in a move MSN/Bloomberg calls a “rebuke” of Wall Street. Some of AllianceBernstein’s functions like portfolio management will stay in New York, workers from legal, sales and marketing, and finance will begin moving to Music City this year. Chief Executive Officer Seth Bernstein will join them in Nashville in 2020. The company will invest more than $70 million to set up its Nashville headquarters, the Tennessee Department of Economic & Community Development said. AllianceBernstein considered 30 cities on factors like cost of living and weather, Bloomberg said. AllianceBernstein has a rating of 3.5 out of 5 on employee rating website glassdoor.com. Bloomberg reports that AllianceBernstein is not the only finance giant to sour on the Big Apple. Goldman Sachs Group Inc. has built up operations in Salt Lake City, while Deutsche Bank AG has expanded in Jacksonville, Florida. The Wall Street Journal said the rush to leave New York started after the last financial crisis as finance companies looked to cut expenses and find lower tax rates. The tax plan Congress passed earlier this year is also a factor as many of these companies relied on…

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