Small Business Spotlight: Queens Business Owners Optimistic Despite Amazon Exit

February 20, 2019 - 5:00 am

NEW YORK (WCBS 880) -- When Amazon pulled its planned second headquarters out of Queens last week, 25,000 jobs went with it.

Businesses in the area had also been preparing for the tech giant's move to the Big Apple. 

In this week's Small Business Spotlight, sponsored by BNB Bank -- "Community Banking from Montauk to Manhattan," Queens Chamber of Commerce President Tom Grech lamented on the lost economic opportunity.

"Business is good right now for the smaller businesses and I think the business leaders of our city and of our borough rightly are concerned. I mean 25,000 jobs is nothing to sneeze at. The treble effects of those jobs -- I've been quoted before joking around about 25,000 techies in a couple of buildings with two lattes a day. That's a lot of lattes every day and sandwiches and pizza and dry cleaners. You name the treble effects of that, that's the huge impact. I think any small business would argue that they would like to have an opportunity to get more business rather than less and I'm really hoping that this is not the last part of the saga for Amazon in New York," Grech told Joe Connolly.

Watch the video above to hear from two Queens business owners, Nancy Vargas from DH2 Chauffeured Transportation and James Hendon from Energy Economic Development Corp., who tell Connolly how they stood to benefit from Amazon's move to Long Island City but remain optimistic as they've both seen tremendous growth in New York.