, Columnist
The Fall, Rise, Fall and Rise of Stamford, Connecticut
The world's largest trading floor is empty, but apartments are filling up.
Glittering buildings.
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The world's largest trading floor is just up the street from the train station in Stamford, Connecticut. It was built in the mid-1990s for Swiss Bank Corp., and now covers 103,000 square feet.1483037524145 It's also empty.
UBS Group AG, which merged with Swiss Bank in 1997, was set to move the last of its employees out of the office complex at 677 Washington Boulevard this month. The mortgage on the building is in default and for sale, with the purchaser likely to take control of the troubled property. As the Wall Street Journal's Peter Grant put it last week: