As droves of office workers leave San Francisco, the city’s downtown is struggling to bounce back from the pandemic’s toll on its formerly bustling atmosphere.
Local news reports describe walking through San Francisco’s Financial District and South of Market neighborhood as like visiting a “ghost town.”
The South of Market neighborhood is home to the headquarters of a slew of prominent tech companies including Uber, Dropbox, Airbnb, LinkedIn, Pinterest, Yelp, and Salesforce.
As much as 90% of the city’s workforce is now working from home, ABC7 News reported. Before the pandemic, San Francisco had the highest building occupancy rate in the U.S., but most of its skyscrapers have now emptied out, the outlet reported.
About 27% of office space in San Francisco is now available, according to a report by CBRE, a commercial real estate firm, compared to 19% of available office space in Manhattan. Meanwhile, San Francisco apartment rents, while starting to rise again, dropped more steeply than anywhere else in the country over the pandemic, while the cost of living remains high at 44% more than New York City, The Economist reported.
San Fran is Nancy land and we don’t care a lick about San Fran, their issues or how much ice cream she has in her fridge. That place is a crazy and way too expensive.
good for the folks for leaving, but “gots” to wonder about those folks anyways!!!!
HAHAHAHAHA
Eff San Fran and Rice O Roni!
Sounds like Fake Jake’s Ghettobury!
Well good! Now take those empty buildings. Install bathrooms with showers in them and move all the homeless people into the building. Send the bill for renovation, upkeep and rent to Nancy.