As it happened, development rights for a large parcel between Dyer Avenue and Tenth Avenue on 42nd Street hinged on including a performing-arts element to make up for two Off-Broadway houses that had been razed to allow for a subway extension.
Normally the release of the Federal Reserve's Beige Book alone would give Wall Street plenty of material to obsess over, but on Wednesday there was the added element of a slew of scheduled comments by central bank officials.