Headquarters Curse?

From an editorial in the New York Sun about a financial curse hitting companies that movie into new headquarters in New York:

"Take IAC Interactive, a company chaired by Barry Diller whose businesses include Ticketmaster, the online dating site match.com, evite, and LendingTree. Last summer, the company moved into fancy, Frank Gehry-designed headquarters at West 18th Street and 11th Avenue, a building subsidized by the federal taxpayers with $80 million in tax-exempt Liberty Bond financing from the New York City Industrial Development Agency. Over the past year, IAC's stock price has plummeted 50%, more than twice the decline in either the NASDAQ or the Standard & Poor's 500 Index."