Quote:
Originally Posted by the urban politician
^ So you think that Chicago and New York will see a blue collar boom in their office cores?
Having a hard time wrapping my head around that one.
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Well no, I was thinking more along the lines of:
Local companies and/or those with local roots
Longtime stalwarts in the entertainment and publishing business
Bohemians
Artists
What I can see happening is the nicest, newest, highest quality office buildings would still be occupied as companies downsizing would take advantage of lower rents and move to better spaces, and then the vacancies in old buildings would result in conversion to other uses. There are so many people living in New York in undersized and overpriced accommodations that an increase in vacancy would just enable folks to move up to a nicer unit without needing a roomate. Just a thought.
Of course just factories in Brooklyn, maybe some buildings will meet the wrecking ball. Who knows. But it won't be the end of the city.