View online | Unsubscribe (one-click).
For inquiries/unsubscribe issues, Contact Us














?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng
?
?
Learn more about Jeeng


Want to accelerate software development at your company? See how we can help.
Want to accelerate software development at your company? See how we can help.



?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng
?
?
Learn more about Jeeng




?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng
?
?
Learn more about Jeeng


What Happened to San Francisco, Really? - The New Yorker   

The change has been unsettling because the city’s broad project is widely shared. Since the end of the industrial period, the main path of the U.S. metropolis has been what’s often called urban renewal: transforming old frameworks into beautiful, dynamic settings for prosperous middle-class life. No city excelled at the assignment more than San Francisco. It invested in lush, landscaped parks, tree-lined boulevards, and world-class museums where there had been none. It grew rich, and seemed to climb out of the Great Recession with both influence and a mandate. “There’s a lot of pent-up envy of San Francisco from a lot of other cities that think of themselves as more important,” one local told me recently. For a long time, that envy inspired mostly emulation. Universities spent millions to reorient themselves around the Bay Area’s style of thinking. Success across industries today is measured by virality, optimization, and unceasing growth. In San Francisco, the nation saw its dreams, and now it thinks it sees its nightmares. The question is what caused so swift a change.

A new story described widespread flight. Downtown San Francisco has seen its highest retail vacancy rate since 2006. In the past few months, Christian Louboutin, Lululemon, Nordstrom, Old Navy, and Williams-Sonoma all began an exodus from the area; so did Office Depot and Whole Foods. In late summer, the owner of Gump’s, an upscale shop that opened in the eighteen-sixties, released a testy open letter, threatening to close in response to “a litany of destructive San Francisco strategies, including allowing the homeless to occupy our sidewalks, to openly distribute and use illegal drugs, to harass the public and to defile the city’s streets.” Urbanists had already begun to circulate a paper by the economist Stijn Van Nieuwerburgh that traced a post-pandemic spiral of collapsing retail and declining safety leading to less public revenue and fewer public services—what he called an “urban doom loop.” The phrase became a shorthand around town, where many took it as Cassandra’s vision of their fate.

One afternoon in June, I went to see Sarah Dennis Phillips, the official charged with rehabilitating San Francisco’s businesses. “I’m confident,” she said. “It’s just a question of how long it takes.” A few weeks earlier, she had been appointed the executive director of San Francisco’s Office of Economic and Workforce Development—effectively, the trauma surgeon for downtown—after a career spent bringing the downtowns of small, quiet, boring Northern California suburbs to life. Of one city, Livermore, she explained, “We had to create a ‘Right to Live Downtown’ ordinance that everyone moving into a residential building would sign, acknowledging they would not get upset that things weren’t quiet at 7 p.m.” Now she faced the inverse problem: a city worried that its downtown was too quiet.

Continued here




?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng

?
Learn more about Jeeng
?
?
Learn more about Jeeng


You are receiving this mailer as a TradeBriefs subscriber.
We fight fake/biased news through human curation & independent editorials.
Your support of ads like these makes it possible. Alternatively, get TradeBriefs Premium (ad-free) for only $2/month
If you still wish to unsubscribe, you can unsubscribe from all our emails here
Our address is 309 Town Center 1, Andheri Kurla Road, Andheri East, Mumbai 400059 - 93544947