Brokers Welcome Back Bonus Buyers

Updated

Not everyone is outraged over the return of outsized Wall Street bonuses. Though many politicians, not to mention the general public, are decrying bankers' expanded wallets, the real estate world is opening its arms to Wall Streeters and their (impending) stash of cash.

After all, before the bust, traders and hedge fund types were the primary audience for the glittering new luxury towers that sprouted like weeds in city centers and beyond -- many of which have since languished on the market.

But those weeds seem to be flowering again, as the once-lonely halls of condo projects are attracting fresh foot traffic from bonus-fueled buyers.

Advertisement