Barclays moving HQ's to NY

dont forget about all those SV boy..

twitter
facebook
apple
google
springme

..etc ,etc.. they're finding out the Brooklyn russians and Queens asians/indians know more about tech than what the ivory towers produce...

..that or they prefer the city's varied restaurants/tits/c*cks

JM..sure do remember.

Please don't bait steve to come back. The boards have been so much more peaceful and sane without him.

They are not moving, they are exploring moving. HSBC is exporing moving to Hong Kong. We will see what actually happens.

Plenty of companies have moved to Switzerland.

baclays can be moving, but they just did another round of layoffs in barclays capital a week or so ago. now what was your point anyway?

Also, if they DO move, it will be 50 corporate jobs only. You will notice no difference.

his point is that NYC is not turning into a ghost town with all the major banks moving HQs to Charlotte, as was predicted by someone

hol4 : Most of those companies don't have any significant engineering presence in NYC. Google's the major exception, but they're still firmly based in California.

jordyn... most of the companies i listed didn't even exist 5-10 years ago...

re: "exploring" a move...

...that's what they said when Google rented buildings in Chelsea..

..now they purchased the f*cker for $2B...the San Jo boys are gettin jelly all the NYC boys have access to all that c*ck steps to the office..

..gives new meaning to liquid lunches.

oh yeh, despite saving a couple bucks GS said f-u to jersey and built a big penis monument on west street..not saying every company will now move to nyc, but i do remember threads stating the reverse..

stevejhx won't respond.. he's too busy counting all the rental commission he's raking in from his rental website, scaring people from buying all this time, ensuring he gets his rental $$$ cut

"hol4 : Most of those companies don't have any significant engineering presence in NYC. Google's the major exception, but they're still firmly based in California"

Yeah... we're talking scraps compared to what was lost on Wall Street. Hell, add 'em together, and you probably have the losses for one small firm.

And, btw, Goldman still has folks firmly in Jersey. The new space was actually a consolidation of some other NY spaces. In reality, its actually more inventory on the market without any real growth.... paid for byus taxpayers.

"stevejhx won't respond.. he's too busy counting all the rental commission he's raking in"

Or he just got a proposed renewal lease for $4,500 and is out shopping for bargains.

"his point is that NYC is not turning into a ghost town with all the major banks moving HQs to Charlotte, as was predicted by someone"

Well, that is certainly true. BAML has been moving jobs back from Charlotte to NYC in i-banking, and Wells has been too (and moving that and corporate jobs to SF as well....)

....But I think longer-term NYC & London both need to worry about HK, Zurich, and Singapore. Lower taxes, less regulation, and for 2 of the three, its where the business is most booming.

jason, I've been hearing this for over 25 years, and it always picks up volume during down cycles

Really Jason, instead of NYC people will move to Singapore?

Maybe London has to worry about Zurich, but NYC worry about Hong Kong?