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"Anger" over Goldman Sachs business property plans
Plans by Wall Street bank Goldman Sachs to adapt a range of business properties have generated anger from certain residents.
Those who live close to the organisation's global headquarters in New York are said to be accusing the bank of "breaking promises" in terms of the area's commercial properties, the Daily Telegraph reports.
According to the publication, Goldman Sachs aims to get rid of a shoe shop, gym and takeaway from the buildings that are attached to the headquarters at West Street in the city.
Instead, the company, which acts as landlord of the commercial properties, will bring in a number of restaurants.
"It appears that Goldman has no intention of replacing this retail tenant with one more attractive to the community," resident Tom Goodkind was quoted by the article as saying about the shoe shop.
Plans for 5,000 sq ft of retail unit are said to be among the bank's proposals, alongside a new ballroom and conference centre.
Goldman Sachs states it invests in global businesses, people and communities in order to fulfil its responsibility to its clients, shareholders, communities and employees - as well as facilitating growth.
Posted by Suzannah Taylor
Those who live close to the organisation's global headquarters in New York are said to be accusing the bank of "breaking promises" in terms of the area's commercial properties, the Daily Telegraph reports.
According to the publication, Goldman Sachs aims to get rid of a shoe shop, gym and takeaway from the buildings that are attached to the headquarters at West Street in the city.
Instead, the company, which acts as landlord of the commercial properties, will bring in a number of restaurants.
"It appears that Goldman has no intention of replacing this retail tenant with one more attractive to the community," resident Tom Goodkind was quoted by the article as saying about the shoe shop.
Plans for 5,000 sq ft of retail unit are said to be among the bank's proposals, alongside a new ballroom and conference centre.
Goldman Sachs states it invests in global businesses, people and communities in order to fulfil its responsibility to its clients, shareholders, communities and employees - as well as facilitating growth.
Posted by Suzannah Taylor
Mon, 2nd Aug 2010