Clematis Street, known for its bars and restaurants, is seeing an influx of young professionals in West Palm Beach. 

Clematis Street, known for its bars and restaurants, is seeing an influx of young professionals in West Palm Beach. 

Photographer: Eva Marie Uzcategui/Bloomberg
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Wall Street South Builds Its Own New York to Lure Younger Crowd

As Goldman Sachs and other big firms move in, developers plan a Manhattan-style makeover to Florida’s West Palm Beach.

The old Wall Street has Harry’s, the venerable watering-hole that feted power-brokers of American finance. Now the striving new Wall Street — the one in Florida — is getting a Harry’s too.

The original Harry’s, on Hanover Square, in lower Manhattan, was surrounded in its heyday by now-faded names like Kidder Peabody, Dillon Read and First Boston. The new one, near Rosemary Square, in West Palm Beach, will count among its neighbors Goldman Sachs Group Inc. and Steve Cohen’s Point72 Asset Management.