“Last April, about two dozen executives signed a letter delivered to the mayor’s office arguing that the administration’s car policy is hurting the city’s ability to prevent hedge funds from decamping to Greenwich, or Wall Street jobs’ being shipped overseas. “The talent pool we seek to draw from is increasingly focused upon maintaining personal fitness. They are disproportionately triathletes, marathoners, and the highly fit. Cycling in particular is a key interest, and has become a key business-related networking activity,” the group wrote. “What about the loss of yet another team of financial professionals, formerly based on Wall Street, who decide to move to Connecticut to start a hedge fund, because life is just too difficult in New York City?” ”
