Nashville's New Wall Street Crowd to Pocket 87% Savings on Property Taxes

AllianceBernstein’s move from New York will be culture shock
Shorter commute, lower costs for everything will greet newbies

Bloomberg’s Jason Kelly discusses the low-tax advantage in Nashville.(Source: Bloomberg)

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By Patrick Clark and Will Mathis

May 9, 2018 at 10:00 AM UTC

This article is for subscribers only.

More money, less to spend it on. A shorter trip to work, less to do with the free time.

These are some of the trade-offs facing employees of AllianceBernstein Holding LP, the New York-based asset manager that announced plans to establish new corporate headquarters in Nashville, Tennessee, in a move that will shift 1,000 jobs over the next several years.