Why Wall Street's Iconic Steakhouses Are Empty
- S&P 500's 1 percent ups-and-downs leave little time for lunch
- Meals turn to takeout best eaten at desk, some investors say
Steps from the New York Stock Exchange, only a handful of tables are occupied at Bobby Van’s Steakhouse. Across the street, Reserve Cut has scores of empty seats. A few blocks away at Delmonico’s, one of the few diners is the restaurant’s own hostess, seated at the end of a half-empty bar.
It’s lunchtime on Wall Street, but it’d be hard to tell by peeking inside some of its most famed establishments. The TVs are silently tuned to the business news, documenting another topsy-turvy day in the U.S. stock market -- and one that’s, yet again, kept traders and bankers chained to their desks.