Wall Street Bonuses To Top $140 Billion

Its Deja Vu all over again on Wall Street. After what is shaping up to be a profitable year on Wall Street the men and women that make the wheels of our economy turn are rewarding themselves with a bit of spare change....to the tune of $144,000,000.....CHA CHING!!!!

While on one hand this amount of money seems ludicrous, it also means that the Real Estate market here in NYC is about to get a big influx of buyers that will gobble up much of the condo inventory that's been sitting idle since the crash in 2008.

I find it ironic that it was the banking industry that caused the real estate market to crash, it is currently the banking industry that is making obtaining a loan to purchase a home so difficult and it will be the banking industry that will move us from "Recovery Mode" to a strong seller's market by buying up all the available property.

Wall Street may be the perfect paradox.