BUSINESS
03/18/2010 05:12 am ET Updated May 25, 2011

Taxpayers Help Goldman Sachs Reach Height Of Profit In New Skyscraper

In the first six months of 2010, about 6,000 employees of Goldman Sachs Group Inc. will take a break from their spreadsheets and move across the southern tip of Manhattan to a new 43-story, steel-and-glass skyscraper.

The building was a bargain -- and not just because the final cost is expected to be $200 million less than the $2.3 billion price the company had estimated when construction began in November 2005. Goldman Sachs also benefited from the government's determination to avoid losing jobs in lower Manhattan after the Sept. 11, 2001, terrorist attacks.

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