The 2020s have been lousy for the downtown condo market – Crain’s*

The perception that crime is rampant is a major factor, agents and others say, but there are others, all inter-related, including the slow return to downtown offices, the decline of retail and the rise in property taxes. “It’s decimated demand,” says Dan Straus, the Dream Town Realty agent representing the Zugermans’ three-bedroom, 2,880-square-foot condo. “Seeing news reports about people getting pick-pocketed, carjackings, gangs of kids messing with people who are just walking down the street—that absolutely has started to impact home prices.”