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Is it bad news that Amazon has decided not to grow in Queens? As someone who was raised in Queens, I think it's not bad news.
There are considerations other than jobs -- primary among them is affordable housing. Manhattan is out of reach for most, and Brooklyn is getting gentrified at a huge rate, and it's now moving into Queens in exactly the area Amazon wants to build.
Having been through the boom in Silicon Valley, I can tell you there is definitely a downside to all the high paying jobs. It means people of average means are pushed out of their neighborhoods. And everything that made the neighborhoods special goes with them.
Queens is an amazing melting pot. Probably the most ethnically diverse county in the country. If you own real estate in Queens then of course you want Amazon, because it will make the value of your property go up. But if you live there and want to keep living there, and are of modest means, it's not such a great deal for you.
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