New research reveals economic ripple effects of business closures, remote work and other disruptionsBehavioral shifts from remote work significantly impact local economies beyond immediate business districts, influencing revenue and operational viability of various businesses.
This American City Has Lost Nearly 40% of Its Downtown's Population in Just 10 YearsThe pandemic has led to decreased commuting, impacting downtown populations and businesses, which may spur long-term urban decline.
The American City That Lost 39% of Its Downtown Population in a DecadeAmerican downtowns have been shrinking due to remote work trends exacerbated by the pandemic, affecting local economies significantly.
New research reveals economic ripple effects of business closures, remote work and other disruptionsBehavioral shifts from remote work significantly impact local economies beyond immediate business districts, influencing revenue and operational viability of various businesses.
This American City Has Lost Nearly 40% of Its Downtown's Population in Just 10 YearsThe pandemic has led to decreased commuting, impacting downtown populations and businesses, which may spur long-term urban decline.
The American City That Lost 39% of Its Downtown Population in a DecadeAmerican downtowns have been shrinking due to remote work trends exacerbated by the pandemic, affecting local economies significantly.
The U.S. Army Corps of Engineers Keeps Us Safe. Will "DOGE" Change That?Ending remote work may undermine federal agencies like the U.S. Army Corps of Engineers, risking increased costs and reduced public safety.
These are the most affordable ZIP codes to rent in the U.S.34% of U.S. households are rentals, and rental prices, although slightly decreased, remain significantly higher than in 2019, emphasizing affordability challenges.
Where is homeownership highest in California?Inland Empire in California saw a significant increase in homeownership rates from 2019 to 2023.Affordable housing prices, low mortgage rates, and a shift to remote work contributed to the rise in homebuying in California.
These are the most affordable ZIP codes to rent in the U.S.34% of U.S. households are rentals, and rental prices, although slightly decreased, remain significantly higher than in 2019, emphasizing affordability challenges.
Where is homeownership highest in California?Inland Empire in California saw a significant increase in homeownership rates from 2019 to 2023.Affordable housing prices, low mortgage rates, and a shift to remote work contributed to the rise in homebuying in California.
This American City Has Lost Nearly 40% of Its Downtown's Population in Just 10 YearsAmerican downtowns are struggling to rebound after the pandemic due to an increase in remote work and a decline in daily commuters.
Residents Are Fleeing From These City CentersCities are implementing creative measures like paying performers to revitalize declining downtown areas affected by remote work.
from 24/7 Wall St.4 months agoCities Where the Most People Ferry to WorkFerry ridership is recovering slowly from pandemic effects, despite significant commuter use in certain regions.Ferries serve as a crucial transportation link, particularly in congested coastal cities.
LA office market scraping bottom, bouncing back with new buyersLos Angeles office values plunged due to remote work but may begin to recover as investors see opportunity.Experts suggest a shift towards private investors could signal a recovery in the office market.
Philly's Center City restaurants hope for a boost as remote work wanesFoot traffic in Center City Philadelphia is slowly recovering, with a mix of commuters, residents, and visitors, but an urban doom loop was averted post-pandemic.
A report says you won't be able to afford a home in Worcester in 5 years. What gives?Housing inventory shortage in Worcester causing substantial competition among buyers.Worcester named among cities unaffordable in 5 years due to remote work rise and elevated prices from Boston.
As millions struggle with home prices, housing becomes a top issue for votersHousing affordability crisis impacting Americans across different age groups and income levels.
Bargain Rent Markets Lose Advantage in Pricey CaliforniaThe disparity in rental prices between high-cost and low-cost cities in California has decreased by 22% since 2017.The shift in rental pricing trends is attributed to people moving away from expensive coastal cities to more affordable inland areas.
As millions struggle with home prices, housing becomes a top issue for votersHousing affordability crisis impacting Americans across different age groups and income levels.
Bargain Rent Markets Lose Advantage in Pricey CaliforniaThe disparity in rental prices between high-cost and low-cost cities in California has decreased by 22% since 2017.The shift in rental pricing trends is attributed to people moving away from expensive coastal cities to more affordable inland areas.
Tishman Speyer Kills Office Project in DTLA's Arts DistrictTishman Speyer has abandoned a 10-story office building project in L.A.'s Arts District due to the fluctuating downtown office market.
Leadership: What Exactly Are You Bringing To The Table?Exceptional leadership is crucial for business success, especially in today's fast-paced world where staying attuned to effective leadership practices is essential.