As of December, demand in Chicago stood at 45% of the pre-pandemic norm, a 10% decline from the previous year, VTS found. Demand for New York office space was 75% of its pre-pandemic level, followed by Los Angeles at 69%, with San Francisco and Seattle at the bottom with 34%. “Being in the middle of the pack is what we expected from Chicago,” said Max Saia, vice president of investor research for VTS.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Of course no businesses want to settle in CHI with a mayor that blatantly states he is after the lions share of whatever profits one makes.