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Empty offices, abandoned malls, concerns over crime: Why San Francisco, the Golden City, is losing its luster

Posted on AllSides June 17th, 2023
From The Left
Justin Sullivan/Getty Images

Downtown San Francisco's fall from grace is unfolding quickly.

Landlords large and small are waving the white flag over the increasing pressures facing the city, stemming in part from the downsizing of some of the largest employers and the inertia of remote work.

In May, foot traffic to San Francisco offices was down nearly 60% compared to 2019 — the largest deficit of the major US urban centers tracked by Placer.ai, and it shows. The city's 18 million square feet of empty office space is so vast that it could house 92,000 people,...

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