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Re: Eggs in One Basket

Posted by Peter Rosa on Sat Oct 5 13:53:52 2024, in response to Eggs in One Basket, posted by BILLBKLYN on Fri Oct 4 14:30:46 2024.

I've said this before, but I don't blame - not completely, at least - New York's officials and civic leaders for having an eggs-in-one-basket economy before Covid. Basing the economy on people working in Manhattan office buildings worked reasonably well and did not appear to be a risky idea. Working from home had been around for many years, and even though technology had been making it more and more feasible it had remained fairly uncommon prior to March 2020. It was certainly no threat to the commercial office building market or to local commerce that served office workers. And then boom, the whole world change

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