Jan 25, 2023 Juliya Rostova Economy , Public economics , Real Estate America's biggest office real estate market , bar , bars , Bloomberg News , Bronx , Brooklyn , business district , business leaders , Chicago , Chief executives , city officials , commercial property tax base , commuters , commuting base , Comptroller Brad Lander , conservative think tank , cubicles , data analysis , David Solomon , disparities , economic cost , economic engine , entertainment , existential , finances , financial center , financial district , foot traffic , Fortune 500 companies , Fridays , Goldman Sachs Group Inc. , Greater New York area , growth , happy hour , Hoover Institution , HQ Corporate Mobility , hybrid workers , in-person workweek , Indeed , inflation , inflation-adjusted loss , Jamie Dimon , jobs , JPMorgan Chase & Co. , labor income , leading financial center , London , Manhattan , Mastercard data , Mastercard SpendingPulse , Mayor's office , meals , Midtown , Mondays , neighborhoods , New York City , Nicholas Bloom , October 2022 , office vacancies , office workers , Orbital Insight , Outer-boroughs , pandemic , pandemic restrictions , panel , payment , pre-pandemic levels , Queens , remote work , residents , restaurants , retail sales , retail spending , retailers , rides , salad lines , sales , San Francisco , schools , shopping , spending , Square , Stanford University , Steven Davis , subway cars , subways , Sweetgreen , tax revenue , Thursdays , Tokyo , trading desks , transactions , transit revenue , transit system , Tuesdays , US Census Bureau , US spending , Wednesdays , WFH Research group , white-collar workforces New York City has long been known as one of the world’s leading financial centers, with office workers filling the city’s subway cars on a daily basis to get to work. But the pandemic has changed everything. With the shift towards remote work and the decrease in spending, the city’s economy has taken a significant…
Read More
