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Posts Tagged ‘cities’


Let that image sink in. New York city has such a surplus of vacant office space, that twenty-six (26) entire Empire State buildings could fit into the empty commercial office space. That’s 75 million square feet of office space. You think we are poised for a resurgent economy? Tighten your belts folks. I’m gonna check the statistics for other cities and see how they stack up. But if NY city is in such lousy shape, it does not bode well for the rest of America. Or does it? Unemployment rates are at record lows. I’m reading that the economy is just gang-busters driving forward. Hard to get one’s head around economics!

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