New kid on the block commercial brokerage DTZ wants to double the size of its NYC operations–and will offer generous signing bonuses to do so.
The firm announced the somewhat unusual hiring bait–real estate industry bonuses usually come in the form of expenses or surefire client referrals–five years after opening in the New York area.
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: