Bonus brigade? Not quite, but still …

<i>Sources say some Goldman employees are hunting for apartments again </i>

Sign Up for the undefined Newsletter

From the October issue: With three months to go to until the end of the year, many claim it’s way too early to jump to conclusions. Nevertheless, some brokers are saying that at least a few Wall
Streeters are resuming apartment searches. In a turnaround from what
was expected just a year ago, some of them are anticipating hefty
year-end bonuses. Goldman Sachs, for instance, announced in July that after two
profitable quarters, it would set aside $11 billion for employee
bonuses. “I am a little surprised people are calling this soon,” said Richard Steinberg, a broker with Warburg Realty Partnership.

Recommended For You