Spend any amount of time in New York, and you’ll feel it. Manhattan and Brooklyn are teeming with activity. It’s electrifying to be there after years spent relatively locked down.
The question, and one asked this week by the San Francisco Chronicle, is why San Francisco isn’t bouncing back in the same way.
As reporter Roland Li writes: “There’s always been a disparity — New York has 10 times the population of San Francisco — but the coastal tourism and economic hubs have diverged in striking ways as they recover from the pandemic.”
Consider, writes Li, that while the construction of major commercial property projects in Manhattan were completed during the pandemic — and while much of that new office space is almost fully leased — …
