Cashing In

Cashing In

Wall Street Is Back in the Hunt

The balls on this guy.

As Wall Street continues to swagger back from the brink, once again enjoying outsized profits and sneering at federal regulators, it means good news for at least one group of New Yorkers: landlords.

As The Journal reports today, no fewer than eight major banks are each looking for at least 500,000 square feet of office space in the city. They are hunting for bargains as much as anything, taking advantage of lower rents while uncertain of their own futures and that of the economy: Read More