san francisco : Tech leaders and Internet stars are lamenting that Downtown San Francisco’s real estate market has deteriorated and the city is becoming “emptier and emptier.” Elon Musk calling it “sad”. file hosting service dropboxChief Financial Officer Tim ragan Said they were relatively quick to market with subleasing plans. However, “as the market has deteriorated, many companies have reduced their real estate footprint”, Regan said.
San Francisco has been one of the slowest US markets to rebound from the pandemic as tech companies did not open their offices and promoted remote work amid mass layoffs. Podcaster Eliza Schaefer tweeted that San Francisco is getting “emptier and emptier”.
He posted, “Last time I went, a guy was peeing on the Twitter building and the only people on the street were angry press trying to take pictures of @elonmusk.” Musk Answered: “Sad. I hope SF (San Francisco) comes back from this emptiness. It’s such a beautiful city with so many wonderful people.” David Sachsco-founder and partner Craft Ventures, tweeted that he was offered office space in San Francisco at the same price as in 2009. Musk replied: “It will subside”. Amid fears of a global recession, tech companies have suffered most of the pandemic in San Francisco over the past three years as work from home and expensive real estate have stunted the city’s growth.
San Francisco has been one of the slowest US markets to rebound from the pandemic as tech companies did not open their offices and promoted remote work amid mass layoffs. Podcaster Eliza Schaefer tweeted that San Francisco is getting “emptier and emptier”.
He posted, “Last time I went, a guy was peeing on the Twitter building and the only people on the street were angry press trying to take pictures of @elonmusk.” Musk Answered: “Sad. I hope SF (San Francisco) comes back from this emptiness. It’s such a beautiful city with so many wonderful people.” David Sachsco-founder and partner Craft Ventures, tweeted that he was offered office space in San Francisco at the same price as in 2009. Musk replied: “It will subside”. Amid fears of a global recession, tech companies have suffered most of the pandemic in San Francisco over the past three years as work from home and expensive real estate have stunted the city’s growth.