Quote:
Originally Posted by yankeesfan1000
I'm sure some of this feeling comes from be being an optimistic New Yorker about this tower getting built sooner rather than later, but I genuinely have a hard time believing Citi would move their HQ from Park Avenue, the premier commercial corridor in NY, to those Greenwich St buildings. The transit options are really not great down there, and while the area is getting much more expensive and upscale, there still isn't much down there. And if they were to move into 2 WTC, I'd imagine they'd sell the Greenwich St buildings which would net them a decent sum of cash.
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Most of these big investment banks are really run by their traders, and the traders are already down there.
And Citi's existing building on Greenwich has probably the best location of any major bank in terms of "things to do".