There goes the neighborhood! Hedge funds to cut 10,000 jobs. The article also says $43 billion of investors' money has been yanked out of those funds, so far. Do you know how much Greenwich office space is occupied by hedge funds? And how many of those buildings are owned by foreign REITS? Neither do I, but I'll bet the answer is, "a whole bunch", and I know that, when REITS feel the pressure, they look to dump foreign assets for whatever they can get. That may cause rents to drop, but if rent drops in a vacant office building, does anyone hear?