Business: Bedroom to Board Room

Headquarters—and headaches—in suburbia

When a big company packs up and flees Manhattan's high taxes and other irritations, where is it most likely to move its headquarters? The answer, surprisingly, is not some place in the Sunbelt but just 30 miles or so away, Connecticut's Fairfieid County. Long famed as tony bedroom communities for high-paid commuters to the corporate canyons of New York City, such towns as Greenwich, Darien and Westport have become boardroom communities for many of those same bosses: they have brought their offices closer to their homes.

In 1968 Fairfield County was...

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