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US offices are sitting empty – business owners will have to adapt
101–110 of 129 posts
Re: US offices are sitting empty – business owners will have to adapt
#102Earlier quoted context omitted.
> exists for the sole purpose of flying people in to meet in person. Less a thriving center for tech. More a default place for leadership to get everyone together. Right. In which case you may as well meet at an airport hotel with good meeting rooms. Maybe there is a market for that. Repurpose under-utilized indoor malls as business conference centers where teams meet once or twice a week. Malls have plenty of space,…
>> Right. In which case you may as well meet at an airport hotel with good meeting rooms. Japan Airlines recently launched a "rent clothes" offering for overseas travelers.[1] This would dovetail nicely with your idea of meeting at an airport hotel with great conference rooms. [1] https://press.jal.co.jp/en/release/202307/007481.html
Pretty interesting. I took a quick glance at the men's clothes for rent. Unfortunately, the clothes are completely out not my style and I have no fashion sense (my wife reminds me daily). https://anywearanywhere.store/collections/all
Re: US offices are sitting empty – business owners will have to adapt
#103Earlier quoted context omitted.
No, but a restaurant and grocery store around the corner would nice.
Nope I prefer cheap food and a large selection at a Large Kroger or Walmart then expensive food and limited options from a corner NYC style "bodega" as do most people that live in the suburbs which is why suburbs are not "walk-able" because people leave the cities to escape walkablity I dont want to walk anywhere but from my front door to my car
I politely suggest you might be under scoring your body's needs and how they affect your life.
Re: US offices are sitting empty – business owners will have to adapt
#104Earlier quoted context omitted.
No, but a restaurant and grocery store around the corner would nice.
Grocery stores around the corner do not work in spread out neighborhoods because the Krogers/Costcos/Albertsons/Walmarts will be able to offer lower price due economies of scale, and anyone with a car will choose to drive 10min, or stop on their way home, to save money rather than go to the higher priced grocery store around the corner.
Do you think larger grocery stores don’t exist in city downtowns?
I searched for Whole Foods locations and they seem to have about 13 in Manhattan itself. There’s a Costco in Manhattan. And there are several other major grocery stores some unique to New York. There are also large independent grocery stores and independent online grocery stores that will do hourly deliveries (the 15 mins deliveries thankfully seem to have largely died out).
And that’s before you get to the hundreds of farmers markets.
And how about all the butchers, seafood stores, cheese shops, spice stores, etc.
And then you get the international grocery stores with Korean, Japanese, Indian, Chinese grocery stores.
Ah, and you have 24/7 bodegas on newrly every corner if all those don’t work for you.
Re: US offices are sitting empty – business owners will have to adapt
#105Earlier quoted context omitted.
> given the choice between no money and money, most will choose money They might not have the choice. Nobody is going to rent ground floor retail space in an area with no foot traffic. It is a race to zero all around.
> Nobody is going to rent ground floor retail space in an area with no foot traffic of course they will, at a low enough rent, obviously, which is the point: lowering rent is indeed a choice, as is going bankrupt, abandoning the property, foreclosure, or selling it at whatever price
There is a ground floor retail spot near my house with a for-rent sign on the front, that has been empty for years. People have their reasons.
Re: US offices are sitting empty – business owners will have to adapt
#106Earlier quoted context omitted.
That doesn't mean the people will come back to support those businesses though. In the case of SF, since there is only office space downtown and almost zero housing, this is going to be a problem of finding tenants than it is about lowering rents. Who's going to want to open a retail space where there is no foot traffic?
The usual solution to that is that someone (maybe the owner of many buildings in an area) finds several tenants to open at the same time, and thus tries to produce a retail destination. So no one wants to open a bar near 30 empty offices, but if I tell you I am getting 4 restaurants, 3 art galleries, another bar and a theater to all open in the same area than you all can feed off each other. Or instead of a lot of li…
I opened a night club on a block in SF that had lots of other bars. Unfortunately, we also picked the one spot on the block that was also next door to a liquor store.
I can't tell you how much that cost us because people would just go next door, get a small bottle of something for cheap, down it while they were out on their smoke break and then come back to the show in my place.
It really sucked honestly.
Re: US offices are sitting empty – business owners will have to adapt
#107Earlier quoted context omitted.
No, but a restaurant and grocery store around the corner would nice.
Nope I prefer cheap food and a large selection at a Large Kroger or Walmart then expensive food and limited options from a corner NYC style "bodega" as do most people that live in the suburbs which is why suburbs are not "walk-able" because people leave the cities to escape walkablity I dont want to walk anywhere but from my front door to my car
This is a false dichotomy. You can have reasonably priced food you can walk to.
Re: US offices are sitting empty – business owners will have to adapt
#108Earlier quoted context omitted.
The usual solution to that is that someone (maybe the owner of many buildings in an area) finds several tenants to open at the same time, and thus tries to produce a retail destination. So no one wants to open a bar near 30 empty offices, but if I tell you I am getting 4 restaurants, 3 art galleries, another bar and a theater to all open in the same area than you all can feed off each other. Or instead of a lot of li…
I opened a night club on a block in SF that had lots of other bars. Unfortunately, we also picked the one spot on the block that was also next door to a liquor store. I can't tell you how much that cost us because people would just go next door, get a small bottle of something for cheap, down it while they were out on their smoke break and then come back to the show in my place. It really sucked honestly.
Which one? Butter? The moves California ABC made during Covid were interesting.
Re: US offices are sitting empty – business owners will have to adapt
#109Earlier quoted context omitted.
Nope I prefer cheap food and a large selection at a Large Kroger or Walmart then expensive food and limited options from a corner NYC style "bodega" as do most people that live in the suburbs which is why suburbs are not "walk-able" because people leave the cities to escape walkablity I dont want to walk anywhere but from my front door to my car
This is a false dichotomy. You can have reasonably priced food you can walk to.
Basic economies of scale disagree,
Neighborhood stores will not have the volume to support a 100-300,000 sqfoot store, with all the selections I get at my local supermarket that services many many neighborhoods
Re: US offices are sitting empty – business owners will have to adapt
#110Earlier quoted context omitted.
Nope I prefer cheap food and a large selection at a Large Kroger or Walmart then expensive food and limited options from a corner NYC style "bodega" as do most people that live in the suburbs which is why suburbs are not "walk-able" because people leave the cities to escape walkablity I dont want to walk anywhere but from my front door to my car
I politely suggest you might be under scoring your body's needs and how they affect your life.
I politely suggest that zoning is not the proper regulatory framework to score, assess or influence what by body needs.