Tuesday, June 18, 2013

Ray Dalio's Awesome New Mega Campus Is Being Stalled By Small-Town Bureaucracy

A classic case of city bureaucracy may stymie Bridgewater Associates' plan to relocate to a new $750 million headquarters in Stamford, Connecticut.  The world's largest hedge fund is planning a move from its Westport home to an 850,000-square-foot center on a 14-acre peninsula in Stamford.

But the Stamford Advocate reports a zoning disagreement over a boatyard between the city and BLT, a local land developer, has hindered negotiations….

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