Last week we discussed the possibility of UBS leaving Stamford, Connecticut, where the bank built the largest trading floor in the world back in the 90′s. While their lease is not up until 2015, talks with developers like Larry Silverstein, about a possible deal at 3 World Trade Center, which conveniently has 5 trading floors located in “Tower 3,” have recently moved from very casual to semi-casual, and considering that management is of the opinion that the firm’s recent issues are merely a matter of no one wanting to work in CT, the idea that they would leave is at least somewhat plausible. On Friday, a bunch of Stamfordians were asked how they’d feel about living in a city in which UBS didn’t exist and the responses ranged from confused to angry to devastated (on the flip side, one employee deemed the potential move and $300/month he’d save “awesome” and another commented “What’s the big deal? So we move out, and a nice big Costco moves in. Life goes on.”) According to Stamford Mayor Michael Pavia, however, the tears are for naught.
Appearing on Bloomberg TV, Pavia told Margaret Brennan he “does not believe” UBS is going anywhere, for a few reasons.
1) UBS is “part of the fabric of Stamford” (they’re sponsoring the circus, Pavia noted)
2) UBS is simply doing “a ground up analysis of their business”
3) UBS is going to remember “all the same things that attracted them to Stamford in the first place, only better” (45 minutes from New York, vibrant downtown, 8th safest city in the country)
Sorry, Costco lovers.
Do I have to say it? UBS sucks!
Look at that pic and think about all the airborne pathogens just moving freely from one host to another. Gross.
The Mayor of Cleveland said the exact same thing about Lebron James.
and miss Alive @ 5?!
This trading floor can be the world’s largest indoor pool, if flooded properly. Will be a great attraction to the Maury and Jerry audiences down the road.
It’s going to be the world’s largest meat locker.
-you know who
Perhaps the Lingerie Football League indoor arena!
I can just see the Stamford Spankers take the field now…..aahh
I wonder if you have considered the hidden costs??? Try finding union labor that will clean all those monitors at $0.17/unit/day!! HA!! You’ll be back!!
UBS Head of Visual Display Departicalization (contract position)
That’s right. You won’t be going anywhere.
-Gianna’s magic vagina
leave the circus for nyc? I think not.
-pavs
Cumulative IQ = 590
Just think of all the single moms from Beamers that will be disappointed.
They removed the giant words “investment bank” from the wall over the weekend
Those losers only have 3 monitors.
hahahaha, Stamford is the worst, im leaving next month, can’t wait, i never been around such rotten, entitled CT morons in my life, drivers are the worst to, I’ll take my changes behind the wheel in NYC anyday. Right next to UBS are to gigantic section buildings, this place is such a dump.
UBS, good luck, seems like a good move,