Skip to comments.T. Rowe Price raises safety concerns as it weighs headquarters options
Posted on 07/24/2013 9:15:19 PM PDT by george76Edited on 07/26/2013 7:31:07 AM PDT by Admin Moderator. [history]
As T. Rowe Price weighs whether to remain at its Pratt Street headquarters in the heart of Baltimore, the safety of its employees is a key concern, the company's CEO said Wednesday.
Employees of the Baltimore-based money manager have been harassed by groups of youths and one of Price's vendors from New York was mugged outside his downtown hotel within the past two months, said CEO James A. C. Kennedy. Price contacted the city several weeks ago about its concerns.
(Excerpt) Read more at baltimoresun.com ...
Lemme guess, it’d be racist to stop thug gangs and mob violence and its also a sanctuary city?
Baltimore is thug city. I’m amazed that their office is still in downtown Baltimore. I used to drive through there on the freeway once in a while, and it really looked pretty scary—kind of like driving through the South Bronx. I put off any thought of stopping for crab cakes.
And I don’t imagine it’s gotten any better since then.
Why on earth would they even consider staying in downtown Baltimore? Are they angling for a big tax break?
Baltimore was probably ‘safe’ until the late 1980s, and since then....I wouldn’t go anywhere downtown except the ballpark. I would imagine that Rowe Price is evaluating a better place to relocate to. I’m surprised they aren’t looking at Arlington VA, which has several empty buildings currently and would be 100-percent safe as compared to Baltimore.
the youth gangs are coming up out of the ghetto and causing trouble in downtown and nicer areas of our cities. Due to political correctness, it’s been hard to deal with the black gangs forming flash mobs and committing crimes.
If we can’t keep things confined to the ghetto, we’re all in big trouble.
After what happened with Trayvon Martin, I can imagine people being fearful of getting in an altercation with a black person. Reason being, due to political correctness, there will be a presumption that you over reacted and that the minority youth can do no wrong.
Eight comments in and nobody has mentioned the near-impossibiity of getting a license to carry a firearm in MD...FReepers are slipping!!!
Serves them right for supporting democrats..
I hope they go bankrupt..
I would also say that in todays world of instantaneous high speed communications there is no reason that your offices need to be in a major metro area. Your head quarters could just as easily be in a city of 75,000 as 1,750,000.
Marathon Oil company is in Findlay, Ohio a city of 75,000 and it works just fine for that company.
Let Weiner turn NYC into the next Detroit. Cut them off! No bailouts!
It's all glass fiber these days. You don't need to be downtown (or subject to downtown's jurisdiction) to be downtown.
The ghost of Willie Don Schaefer is weeping at what the at what successive mayors have done to "charm city".
There is no reason for any company to be downtown unless they're getting some kind of kickback. The rent would certainly be cheaper and its employees would be more safe further out. In these days of technologies, they could set up HQ in the middle of North Dakota.
This smells like a bid to obtain some tax “preferences” from the city. T. Rowe could do business anywhere. And there are far better places to have a business than anywhere in the people’s republic of maryland. And it’s a gun-grabbing hell-hole.
Glad I’m not a client of the company.
Tales from Baltimordor . . .
Maryland “Freak State” PING!
We visited Baltimore in fall of 2011. I expected the worst and was actually surprised that it “seemed” a good bit safer than a number of other big cities.
Perhaps I was just lucky.
Partly depends on where you go. It’s a big city. Bottom line, if you’re near or in “residential”, it’s risky. Although there are a few enclaves of better class of people. And I use “class” loosely.