Wall Street Sours on America’s Downtowns

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Wall Street Sours on America’s Downtowns
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To see how big American cities are struggling, follow the money. “I hope it’s not a train wreck, but it could be.”

The pessimism from investors who bet on office buildings and mass transit can be seen in market signals that are flashing red

A building in Midtown Manhattan. On average, offices in major metro areas have half as many workers compared with before the pandemic.Wall Street is betting against America’s downtowns.Continue reading your article with

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