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Bonus Bouncing: Here Come the Billions!

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Bloomberg revives that age-old debate regarding Wall Street bonuses and their impact/non-impact on NYC luxury real estate. According to one compensation consultant, Wall Street will dole out $26 billion in bonus checks by the end of March, and those fat cats will blow it on "multimillion-dollar co-op apartments." But don't pop the champagne just yet, brokers. One NYU brainiac adds, "I don't think this is going to make everybody think, 'Oh, good times are here again,' but it may ease things a bit." Pssh, whatevs. We're just glad we didn't have to put the Bonus Bouncing graphic to sleep. [Bloomberg]