In the other tread, one expert noted:
My guess is the the realestate value of Steinway Hall exceeded the advantages Steinway could realize staying in that location.
I can imagine this to be true. And, it may also hold true for the Steinway factory property in Astoria at some point. I have been told that the real $ value of the factory lies in the land.
Quite a few years ago Bösendorfer moved production out of downtown Vienna to a sleepy town almost an hour's drive away, and retained a much smaller downtown location where the final voicing etc was done. This made a lot of economic sense, no doubt, and they could still profess to be based in the capital city. Bechstein did the exact same, benefiting from huge federal incentives to move production into a far eastern backwater near the Polish border, while maintaining a prestigious address in Berlin. Maybe S&S will eventually do the same?