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Goldman Sachs eying Florida move for key division, report says
NY Post ^ | December 06 2020 | Kate Sheehy

Posted on 12/06/2020 11:57:31 PM PST by knighthawk

Goldman Sachs is eying a move to Florida for one of its key divisions — in what could be yet another major blow to New York City’s position at the helm of the financial industry, a new report says.

The financial titan is considering relocating its $8 billion-revenue-generating asset-management arm to Palm Beach County or Fort Lauderdale, checking out potential real estate, chatting up local officials and weighing the Sunshine State’s tax advantages, sources told Bloomberg.

The potential development comes on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events; US: Florida; US: New York
KEYWORDS: florida; goldmansachs

1 posted on 12/06/2020 11:57:32 PM PST by knighthawk
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To: knighthawk

cuomo and deblasio are doing it to themselves and screwing the state over on top of it.

Time for Upstate to separate from NYC and let them sink.


2 posted on 12/07/2020 12:01:03 AM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: knighthawk

Goldman is no doubt going to find that Palm Beach County is a better venue than Broward. West Palm is a happening place these days.


3 posted on 12/07/2020 12:07:19 AM PST by Rockingham
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To: knighthawk
Goldman Sachs is [eyeing] a move to Florida for one of its key divisions ... another major blow to New York City’s position at the helm of the financial industry ... is considering relocating its $8 billion-revenue-generating asset-management arm to Palm Beach County or Fort Lauderdale ... sources told Bloomberg ... on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.

That's exactly what New York's extreme radical leftist mayor DeBlasio and his fellow radical Democrats want. If Kamala is the recipient of the Presidency, DeBlasio will ask her: Can you give us hundreds of billions (trillions?) so we can finish our radical mission of turning New York into a Communist hell hole? Kamala: Give me some time to think about it. Ok, that's enough time. Done! I'll give you however much money you want, no questions asked! DeBlasio: Wow, it's great how extremely generous you are with your money, President Kamala, to fund all my new extremely over-priced Marxist/Communist programs throughout New York. I find it impossible to manage New York's finances, so how do you manage to afford such huge spending? Kamala: I call it "taxing." It's good to be the President.

4 posted on 12/07/2020 12:14:16 AM PST by gw-ington (The Office of the President-Elect gw-ington and Vice President-Elect Loch Ness Monster)
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To: knighthawk

G.S.....is a POS outfit. Always has been......


5 posted on 12/07/2020 12:16:36 AM PST by Osage Orange (TRUMP!!!)
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To: knighthawk

If they vote for Democrats, we don’t need them..


6 posted on 12/07/2020 12:20:51 AM PST by skr (May God confound the enemy)
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To: knighthawk

And we’ll all ignore Goldman
Sachs bringing the Chinese
with them to Florida. GS loves
Chinese $. Better off to leave
GS where it is. They contributed
greatly to New Yorks rot and
subsequent smell.


7 posted on 12/07/2020 12:23:06 AM PST by Lean-Right (Eat More Moose)
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To: Osage Orange

They’re escaping New York so they can help vote in another New York in Florida.


8 posted on 12/07/2020 2:04:27 AM PST by jarwulf
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To: knighthawk

At some point NYC is going to have a hard time attracting businesses because there won’t be sufficient skilled workers to fill them; they’ll be living in other parts of the country.


9 posted on 12/07/2020 2:36:11 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: knighthawk

No state income tax in Fl.


10 posted on 12/07/2020 3:24:17 AM PST by Roadrunner383
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To: knighthawk

It isn’t a joke any more there is a deal on a bridge for sale in NY.


11 posted on 12/07/2020 8:13:33 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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