BREAKING: Amazon chooses New York, Virginia for headquarters, reports say

Amazon has decided that its second headquarters will be located in New York City and Northern Virginia, the Wall Street Journal reported Monday evening.

A formal announcement is expected as early as Tuesday, the Journal reported, adding that other cities may also receive major sites.

The New York Times reported last week that Amazon was nearing deals to place its headquarters in Queens and in northern Virginia’s Crystal City.

Last year, the company publicly invited every North American city to bid for the development, promising them that its eventual pick would receive $5 billion in investment from the company over 15 to 17 years, along with up to 50,000 high-paying jobs. In January, Amazon named Austin among its 20 finalists for the site.