Quote of the Day - Patriotism varies, from a noble devotion to a moral lunacy.
The paper quoted Mayor Michael Bloomberg: "Cadwalader, Wickersham and Taft LLP signed a lease for 450,000-square-feet of space at One World Financial Center." Cadwalader, first established in 1792, has made an astounding deal.
The firm was awarded a $5.3 million government grant to remain in lower Manhattan, and $1 million over 15 years toward energy costs. Cadwalader is also eligible to receive another $3.4 million to add up to 400 additional jobs over the next five years. In return, the firm committed to a seven-year stay.
Here in California, companies are leaving in droves, with some 17% of businesses presently in the state planning to leave. Now we know where some are going.
At least I'm going to call up Bloomberg and find out what kind of deal I can get.