NEW YORK (CBSNewYork) – According to The Wall Street Journal, Amazon has chosen New York City as one of two locations for its new headquarters.

Update: After Choosing NYC, Amazon Backs Out Of HQ2 Deal

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It’s expected to be officially announced Tuesday.

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The report says that Amazon will split the new facility between Long Island City and Arlington County in Virginia.

Amazon started a contest last year, with cities pitching plans to host the headquarters.

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CBS New York will have more on this story as it develops