New York’s Low-Bonus Blues

Ilan Kolet and Caroline Salas Gage

GRAPHIC BY BLOOMBERG BUSINESSWEEK; DATA: MILLER SAMUEL, NEW YORK STATE COMPTROLLER

Smaller bonus checks across Wall Street are a sign that New York City luxury real-estate prices may be on their way down. The average price for a luxury co-op or condo fell to $5.49 million in 2011 from a 2008 peak of $6.33 million.

The average Wall Street bonus fell 13 percent last year, to $121,150, the smallest payout since 2008

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