The Coronavirus and Commercial Real Estate: Will New York’s Arts, Entertainment and Culture Industries Collapse, Leaving Their Venues and Hotels Abandoned?

This is a guest post by Larry Littlefield. https://larrylittlefield.wordpress.com/    Ever since the Port Authority of New York and New Jersey published its seminal report on the importance of arts, culture and entertainment in the New York City economy these activities, instead of being thought of as a social benefit affluent societies can afford, have…

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The Coronavirus and Commercial Real Estate: Will Previously Booming Central Cities Be Abandoned?

This is a guest post by Larry Littlefield. https://larrylittlefield.wordpress.com/  The 2010s were the decade of the booming superstar cities – Manhattan and Brooklyn, San Francisco and Silicon Valley, Los Angeles, San Diego, Boston, Washington DC, Austin, Denver, Seattle, Portland, central Los Angeles, and even Miami.  With spillovers to, and rapid gentrification of, places such as…

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