A study conducted by New Jersey-based The Boyd Co. Inc., found that it costs about 14 percent less to operate a central administrative office in Baltimore than it does in financial hubs like New York City and San Francisco.
from https://www.bizjournals.com/baltimore/news/2018/04/02/why-baltimore-could-see-more-financial-companies.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172516315742
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