{"id":864934,"date":"2021-10-10T13:29:09","date_gmt":"2021-10-10T17:29:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=864934"},"modified":"2021-10-10T13:29:12","modified_gmt":"2021-10-10T17:29:12","slug":"downtown-san-francisco-empty-as-office-workers-move-out","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/downtown-san-francisco-empty-as-office-workers-move-out\/","title":{"rendered":"Downtown San Francisco Empty As Office Workers Move Out"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdowntown-san-francisco-empty-as-office-workers-move-out%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=864934&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/GettyImages-1235728393.jpg?w=1200&amp;h=800&amp;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" \/><\/div>\n<p>As droves of office workers leave San Francisco, the city\u2019s downtown is struggling to bounce back from the pandemic\u2019s toll on its formerly bustling atmosphere.<\/p>\n<p>Local news reports <a href=\"https:\/\/abc7news.com\/san-francisco-housing-market-coronavirus-california-real-estate-affordable\/6341378\/\">describe<\/a> walking through San Francisco\u2019s Financial District and South of Market neighborhood as like visiting a \u201cghost town.\u201d<\/p>\n<p>The South of Market neighborhood is home to the headquarters of a slew of prominent tech companies including Uber, Dropbox, Airbnb, LinkedIn, Pinterest, Yelp, and Salesforce.<\/p>\n<p>As much as 90% of the city\u2019s workforce is now working from home, ABC7 News <a href=\"https:\/\/abc7news.com\/san-francisco-housing-market-coronavirus-california-real-estate-affordable\/6341378\/\">reported<\/a>. Before the pandemic, San Francisco had the highest building occupancy rate in the U.S., but most of its skyscrapers have now emptied out, the outlet reported.<\/p>\n<p>About 27% of office space in San Francisco is now available,&nbsp;<a href=\"http:\/\/cbre.vo.llnwd.net\/grgservices\/secure\/San%20Francisco%20Office%20Marketview%20Q2%202021.pdf?e=1633884837&amp;h=1e8a94940209c1e6df5353215908db0d\">according<\/a> to a report by CBRE, a commercial real estate firm, compared to <span>19% of available office space <a href=\"https:\/\/www.nytimes.com\/2021\/07\/01\/nyregion\/manhattan-vacant-office-space-real-estate.html\">in Manhattan<\/a>. <\/span>Meanwhile, San Francisco apartment rents, while starting to rise again, dropped more steeply than anywhere else in the country over the pandemic, while the cost of living remains high at <span>44% more than New York City, The Economist <a href=\"https:\/\/www.economist.com\/united-states\/2021\/08\/28\/why-san-franciscos-city-government-is-so-dysfunctional\">reported<\/a>.<\/span><\/p>\n<p>Several tech giants have announced they are moving their headquarters out of California permanently, fleeing the high taxes, expensive real estate, and stringent government regulation of Silicon Valley.<\/p>\n<p>On Thursday, Tesla CEO Elon Musk <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-says-tesla-moving-headquarters-from-california-to-texas\">announced<\/a> that the electric car company will move its headquarters out of Silicon Valley in the San Francisco Bay Area to Austin, Texas.<\/p>\n<p>Oracle and Hewlett Packard have also said they are ditching the San Francisco area and re-establishing their headquarters in Texas.<\/p>\n<p>Several CEOs have moved their personal residences to Austin as well, including Musk himself, Splunk CEO Douglass Merritt, and Dropbox CEO Drew Houston.<\/p>\n<p>As workers, especially tech workers, migrate out of San Francisco, the city\u2019s downtown restaurants and other vendors are left wondering whether business will ever go back to normal.<\/p>\n<p>\u201cCOVID has been the hardest one. You know, we went through the dotcom [crash], we went through the crash of Lehman Brothers, but they never shut us down for so long,\u201d Pino Spinoso of Cafe Tiramisu, an Italian restaurant in the Financial District, <a href=\"https:\/\/heresaymedia.com\/san-francisco-financial-district-merchants-long-recovery-ahead\/\">told<\/a> Here\/Say. \u201cAnd the people kind of lost the trust of the people next to them. You know, we\u2019ve never had that before.\u201d<\/p>\n<p>Meanwhile, bars and restaurants are still subject indefinitely to an indoor mask mandate in San Francisco. While the city\u2019s current mask mandate will be lifted for other businesses like gyms, churches, and offices, on October 15, the order does not apply to bars and restaurants.<\/p>\n<p>Despite what the changes downtown might appear to suggest, San Francisco did not suffer a virus death toll at the level of hard-hit cities like New York and in fact had <span>the lowest COVID-19 death rate of any major U.S. city. <\/span><\/p>\n<p><span>\u201cSan Francisco\u2019s response to COVID-19 has been hailed as a national model,\u201d Mayor London Breed <a href=\"https:\/\/sfmayor.org\/mayor-london-n-breeds-2021-state-city-address\">boasted<\/a> in January during her State of the City address.<\/span><\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<\/em>&nbsp;<a href=\"https:\/\/www.dailywire.com\/subscribe\"><em>member<\/em><\/a><em>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As droves of office workers leave San Francisco, the city\u2019s downtown is struggling to bounce back from the pandemic\u2019s toll on its formerly bustling atmosphere.Local news reports describe walking through &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-864934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/864934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=864934"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/864934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=864934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=864934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=864934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}