Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
UBS Hears That New York Is Pretty Cool, May Move Back
By
Christopher Robbins
Published Jun 8, 2011
Modified Jun 8, 2011
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Christopher Robbins
Published Jun 8, 2011
Modified Jun 8, 2011
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Brace yourselves for even more Vineyard Vines polos and icy stares from behind tinted glass: banking giant UBS wants to move back to the city. According to the Times, UBS just "can't hire the bankers and traders they need" from their Stamford, Connecticut location, which includes a massive trading floor "the size of two football fields." But what could be better than the Land of Lieberman? The still-nonexistent 3 World Trade Center. UBS has reportedly begun negotiating a lease there but its executives have so far refused to comment.
UBS first moved to the Nutmeg State 15 years ago after many corporations felt that "computers and telecommunications had made a Manhattan location more of a luxury than a necessity." That and $120 million tax incentive package didn't hurt. Because UBS is Connecticut's largest taxpayer, and "a quarter of office space" in Stamford is vacant, its governor has said that he's "committed to keeping UBS" and its 4,000 employees in the state. But if Condé Nast can afford to move into Lower Manhattan, relocating UBS to the city where many of its employees live anyway seems to make sense. At least it will give Reverend Billy a much larger place to protest.
Tagged
banking
connecticut
financial district
lower manhattan
ubs
Christopher Robbins
Christopher Robbins is a New York City reporter covering transportation, affordable housing, local politics, and criminal justice. His work has also appeared in New York Magazine, The Village Voice and The New York Times. Chris is a graduate of Patrick Henry High School in Roanoke, Virginia, and enjoys biking to Fort Tilden in the summertime.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Bail reform remains major issue in NY governor's race, 7 years after it became law
Repeat offenders are a big talking point in the governor's race.
By
Gino Fanelli
Published Oct 18, 2026 at 7:00 a.m. ET
Man shot and killed on Midtown subway platform Saturday afternoon, NYPD says
Police said they're searching for a person of interest.
By
Ryan Kost
and
Elizabeth Kim
News
Man shot and killed on Midtown subway platform Saturday afternoon, NYPD says
Police said they're searching for a person of interest.
By
Ryan Kost
and
Elizabeth Kim
Have you seen this Yorkie? NYPD looking for adorable pup dognapped from her Queens home
By
Ryan Kost
Being reigning champions is weird for Knicks fans, but we could get used to this.
By
Catalina Gonella
Tompkins Square Park is getting a makeover. Some say it's too much.
By
Willow Higgins
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .