The risk of an urban doom loop for America’s old-line cities – Financial Times*

Commercial office space available for lease is at record highs in the US, as cities — particularly large ones in the north — have struggled to bring workers back to the office full time. Please use the sharing tools found via the share button at the top or side of articles. Mobile phone data collected from city centres tells a dismal story. According to the private equity firm Apollo, phone activity in San Francisco is at 31 per cent of pre-pandemic levels, New York is at 74 per cent and Chicago at 50 per cent of 2019 levels. 
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Giddyap
3 years ago

That’s exactly what they will be calling downtown Chicago under our new Skunk-Beard Socialist Mayor — “Doom Loop”

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