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Metropolitan DC Local Politics
Reply to "The Pandemic Hit Cities Hard And Then There's Washington, DC"
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[quote=Anonymous]I go into the office once a week. Downtown, Farragut North. There is some life on Connecticut, some restaurants w outdoor seating do a good lunch business, but most retail is on life support or gone. It’s a like Saturday levels of foot traffic. I bet daily occupancy in our building is under 10%. Yes, that will absolutely rebound, and other parts of the city are thriving. But the office space market is permanently changed, and long term you may see more residential conversions — though they are expensive, mean lower rents, and property owners are loath to do them unless they become uneconomic as offices. Which long term could be good for city life but means a lot of pain in the meantime.[/quote]
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