[lotsofpulp]

I assume being able to have face to face off the record conversations providing plausible deniability to participants is one of the big reasons finance and other related businesses like to be in Manhattan.

[Terr_]

Perhaps also a factor in why some managers prefer to manage employees in-person rather than remotely.

When it comes to avoiding the record, it doesn't have to be lofty corrupt/ish deals or schemes, but also cases like certain anti-union threats, or even plain personal power-tripping.

[red-iron-pine]

definitely a factor.

e.g. the C-level one-liner email that consists of "lets have a chat about this"

doesn't even have to be anything malicious, such as not wanting to socialize an idea until it's fully-baked or hiring for a new VP role