One of the biggest stormclouds on the horizon for the US economy is empty office buildings.
One of the biggest stormclouds on the horizon for the US economy is empty office buildings. $1.5 trillion in commercial mortgages will come due in the next two years – and midtown Manhattan office buildings have a reported 50% utilization rate according to Barbara Corcoran. If you walk the downtowns of New York, DC or San Francisco, the foot traffic remains low as office workers have shifted to remote or hybrid.
HARRIS 2024 - AOC 2028 ROEvWADE CYBERWAR – WomenpartyUSA.com