Things are getting interesting in New York. This channel pro..
🕑 Added 2024-02-09 16:25:03 +0000 UTC
Things are getting interesting in New York. This channel provides some on the ground reporting and gives you an excellent idea about New York's issues and possible solutions to them. Why do I like this channel? Because even cities like Toronto follow a similar path so it helps us understand what might happen ahead of time and prepare accordingly.
Here are a few highlights:
-NYC currently has over 100 million square feet of empty office space, equivalent to 40 Empire State Buildings, with some companies closing or leaving altogether due to the high cost of office space.
-The impact on NYC is substantial, as companies like Twitter, Kickstarter, Yelp, and others are downsizing or leaving the city, which could result in a ripple effect affecting various industries, potentially causing a decline in property values and tax revenues for the city.
https://youtu.be/0OFiom8nTL8?si=eMI_T-RT8P3PFIb7
